RARIK

{{Short description|Official energy corporation of Iceland}}

RARIK is the official energy corporation of Iceland.{{cite web|url=https://globenewswire.com/news-release/2017/02/23/927119/0/is/%C3%81rsreikningur-RARIK-fyrir-%C3%A1ri%C3%B0-2016.html|title=Ársreikningur RARIK fyrir árið 2016|first=RARIK|last=ohf.|date=23 February 2017 |publisher=|accessdate=11 April 2017}} It began operations on January 1, 1947.{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=48850761|title=Rarik Ohf.: Private Company Information - Bloomberg|website=Bloomberg News |publisher=|accessdate=11 April 2017}} In the early years RARIK built several power plants and in 1954 enacted a 10-year electrification plan to provide remote rural areas with electricity.{{cite web|url=http://www.nib.int/loans/agreed_loans/16/rarik_ohf|title=RARIK|publisher=Nordic Investment Bank|accessdate=26 May 2015}} RARIK built, among others, Lagarfoss and Mjolka Power Station II, both of which began operating in 1975.