Asbru Enterprise Park by Keflavik Airport Development Corporation

ÁSBRÚ

ENTERPRISE PARK Innovation Powered by Green Energy

www.asbru.is

[Welcome to Ásbrú Enterprise Park] Ásbrú Enterprise Park is the new name for the former NATO base at Keflavik International Airport in Iceland. When NATO left the area in 2006 after 60 years, the Keflavik Airport Development Company - Kadeco, was founded with the goal of putting the area and its facilities to civilian use. Kadeco is wholly owned by the Icelandic Government. The transformation to an Enterprise Park has been quicker than anyone thought possible. In a very short time Ásbrú has established itself as one of the most innovative areas in Iceland. The first development project was to establish an education institution, Keilir, which has become an engine of knowledge and innovation for the area. At Ásbrú, a student campus has been established for students studying here as well as in Reykjavik. The goal and purpose of Kadeco is to lead the development and transformation of Ásbrú. Part of that process is preparation work, assessment and planning of the area, and facilities as well as assessment of development and growth opportunities in cooperation with invested parties.

Kjartan Þór Eiríksson, CEO Kadeco

The company also manages and operates several specific government-owned facilities through a service contract with the Government of Iceland. This includes overseeing the lease and sale of properties and other related projects.

Kadeco serves as a one-stop-shop for interested investors and can offer a large variety of facilities for companies looking to locate in Iceland. We encourage everyone interested in this project to contact us for further information.

[The Ásbrú Story] In October 2006 the North Atlantic Treaty Organisation (NATO) abandoned its military base at Keflavik International Airport after almost 60 years on the Reykjanes peninsula in Iceland. At its peak, the base housed around 6,000 people and was considered one of the larger communities in Iceland. The base was the largest employer on the Reykjanes peninsula for decades and had a massive influence on the local population. Many cultural streams were carried to Iceland via the base, including rock n’ roll music and basketball. When the military evacuated the base, a plan was set in motion focused on putting its assets to use to generate value for the local population as quickly as possible.

campus for students. In 2009, around 2,000 people live on the campus. In 2008 Kadeco sold facilities and land to Verne Global, a company which today has built up a green data centre using the Iceland’s renewable geothermal energy. The leading companies behind Ásbrú have decided that their strategy for the future is to make Ásbrú a top location for innovation and entrepreneurship. The strategy will specifically focus on: green energy, health and logistics. The future of Ásbrú is bright. Where it will head is largely down to the entrepreneurs and pioneers who will come to call Ásbrú home in the future.

The first step in the resurrection project was to establish a centre of education. Keilir was established in the spring of 2007. The founders of Keilir were the University of Iceland, Kadeco, the town of Reykjanes and several Icelandic companies involved in energy and logistics. The rise of Keilir has been adventurous, as only two years from its establishment it already has 500 students and is teaching courses at university level. In 2008, the company Háskólavellir purchased a large part of the residential area with the purpose of developing a University-style

[Origins of the word Ásbrú] Ásbrú is the bridge that the old Nordic gods, the Æsir, built between Midgard, home of men, and Asgard, home of the gods, and can be seen from the earth as the rainbow. One end of Ásbrú is in the heavens, at Himinbjörg (Sky Mountain) where the god Heimdall lives. Daily the Æsir ride across Ásbrú to Urdarbrunnur, the well of Urdur, which is where the gods hold their court. Urdarbrunnur is located under the roots of Ash Yggdrasil, the world tree. The three witches of fate, Urdur, Verdandi, and Skuld, live at Urdarbrunnur. Thor, god of thunder, cannot cross Ásbrú so he must cross mighty rivers to reach his destination at Urdarbrunnur.

The first part of the Prose Edda, Gylfaginning, describes it thus: Körmt and Örmt and the Kerlaugs twain, Them shall Thor wade Every day when he goes to doom At Ash Yggdrasill; For the Ásbrú burns all with flame, And the holy waters howl.

[Five reasons to locate in Ásbrú] International Airport

International Harbour Helguvik provides excellent facilities for some of the biggest vessels sailing the North Atlantic. With ample industrial sites in the area close to the harbour, there are excellent opportunities for fast growing import or export firms wishing to expand in a new, well-planned industrial area with ready access to the geothermal power on which the Reykjanes region stands. In addition, a tax-free industrial zone has been planned at Helguvik, only 4km from Keflavik town and Keflavik International Airport.

Keflavík International Airport is a vital transport link for both passengers and freight, offering a world class facility. The airport covers an area of some 25 square kilometres and has four runways of more than 3,000 metres capable of handling modern long-haul aircraft. Commercial and general aviation at the airport has increased dramatically in the last two decades, with peak passenger traffic at 2.2 million in 2007. Fourteen passenger carriers and three scheduled cargo carriers operate at Keflavik International Airport during the high season. Icelandair, Iceland Express and SAS provide year-round scheduled services. In its quality survey of the first quarter of 2008, Airports Council International (ACI) placed Keflavik International Airport first in the category of airports serving less than 5 million passengers for Ease of Connections, third for Sense of Security and fifth for Overall Customer Satisfaction.

Helguvik is also the main oil supply and distribution harbour for Reykjanes, and now offers improved services for industrial freighters and oil vessels. The port of Helguvik easily accommodates ships up to 200 m in length with a draft of 10 m at a 150 m long quay with a generous wharf area behind it.

The NATO oil pier is 105 m long, but ships can be up to 230 m long and still use the pier, with a maximum draft of 13 m. Depth along the NATO oil-pier is 14 m at the concrete pier; but a few metres out from the pier, the depth ranges from 16 to 21 metres. The container pier at Helguvik is 150 m long, with a depth of 10 metres.

A new 360 m long pier with depth of 14.5 m for ships up to 225 m with depth of 12 m is under construction. This pier will be primarily for aluminium by bulk and container ships for import and export. A 30,000 m2 container area will adjoin this quay. Helguvik Harbour was dredged in the 2009 to 12 m and 14.5 m along the 225 m future quay site; so the minimum depth is 12 m (except close up to the 150 m quay where it is 10 m). At the entrance to the harbour it is 21 m.

Pilot location for Helguvik is at 64.02 N and 22.37 W

Green renewable energy

Close to Reykjavik

Over 70% of Iceland‘s total energy needs come from renewable energy sources and over 99% of all electricity is either geothermal or hydroelectric in origin. Iceland is in a unique position to become carbon neutral and oil free ahead of most others and to demonstrate how this ambition can be achieved.

Ásbrú is located only 45 minutes’ drive from downtown Reykjavik and there is a direct bus route, “Reykjanes Express”, connecting Ásbrú and the two main Universities in Reykjavik.

Both electricity and heating at Ásbrú are provided using renewable geothermal resources. That by itself makes Ásbrú a green energy enterprise park. Simply by locating there, a company becomes a lot greener in terms of the quality of energy used.

Excellent communication links Farice offers services between Iceland and Europe through the FARICE-1 and DANICE submarine cable systems, and to North America through the Greenland Connect submarine cable system. The main Points of Presence (PoPs) are in Reykjavik, London and Copenhagen and services can be delivered elsewhere through third parties. Services are offered on a lease basis with a one-year minimum contract period. The products offered are: Bandwidth according to the SDH-hierarchy (STM-1 to STM-64) Ethernet 1Gig-E interfaces Ethernet 10Gig-E interfaces 10Gbit/s DWDM

Reykjavík – Iceland’s capital – is a young and daring city characterised by strong contrasts. Reykjavík has an astounding variety of restaurants, offering both traditional and international cuisine cooked using the finest ingredients. Cuisines from all over the world are represented, from Italian to Thai and everything in between, including a number of vegetarian restaurants. Cafés and coffee shops are one of the most abundant sights in Reykjavik city centre. There is practically one on every street corner, but each one has a defining ingredient that makes it special. Reykjavík city centre during the day and after hours at weekends, when the party is well under way, are two completely different experiences. Reykjavík is well-known for its vibrant nightlife, with trendy bars and clubs open until the (often notso) early hours of the morning. Reykjavík offers numerous festivals and events throughout the year. The autumn and winter bring the Reykjavík International Film Festival, the pop music festivals Reykjavik Round up, Iceland Airwaves and the Reykjavík Jazz Festival, followed by the multicultural Winter Lights Festival and the gourmet feast, Food and Fun. On New Year’s Eve, Reykjavík explodes in a colourful light display from the quite possible biggest fireworks show you will ever see. The Northern Lights, or Aurora Borealis, dance across the sky for an added bonus. Spring and summer bring the prestigious Reykjavík Arts Festival, the Festival of the Sea, the Summer Solstice Festival, the Gay Pride Parade, Reykjavík Culture Night, the Reykjavík Marathon and the Reykjavík Literary Festival – to name but a few. More information: www.visitreykjavik.is

H Á ELG TO SB UV W R Í N Ú KH OF AR BO RE UR YK JA NE S

Ásbrú location CITY OF REYKJAVÍK

KEFLAVÍK INTERNATIONAL AIRPORT

[KEILIR ATLANTIC CENTER OF EXCELLENCE]

Keilir, Atlantic Center of Excellence is a leader in rewriting the possibilities for Icelandic education through innovative approaches in bringing together businesses and academia, knowledge and finance on an international base. The purpose of Keilir is to create and disseminate knowledge in an active partnership with domestic and international schools, companies and other economic partners. Values that guide Keilir, Atlantic Center of Excellence are: research and development, quality, results, knowledge and profits supported by the local community, Icelandic economy, Icelandic society, owners, students and staff.

Keilir Health Academy

Keilir consists of three different schools, besides a Preliminary Department where the main objective is to prepare students, who have a vocational training and/or sufficient practical experience in industry, with the knowledge and competency necessary for further studies at university level. The schools are Health and Education School, Institute of Technology and Aviation Academy. Each School has its own aims, in accordance with Keilir´s objectives, and builds on the importance of an International Airport and environmentally friendly resources besides collecting and using existing knowledge in the surrounding area.

Keilir Health Academy is one of the foremost providers in workshops, lectures and continuing education for professionals in the field of sports and fitness.

Keilir Health Academy aims to develop and provide outstanding education in the field of health & fitness and strength & conditioning. Keilir offers programs in personal training as well as strength & conditioning, adapted to meet the needs of the sports and fitness industry.

Aviation Academy Keilir´s Aviation Academy offers diverse aviation related studies such as: Private- or professional flight training, Flight Instructor, Air Traffic Controller, Cabin Crew initial and type rating training. Emphasis is placed on advanced teaching-methods and the teaching environment since the school´s location offers unique opportunities and creates excellent environment for aviation related studies.

The teaching is performed on a brand new high-technical Diamond DA20, DA40 and DA42 aircrafts.

[Keilir Institute of Technology]

The mission of Keilir Institute of Technology (KIT) is to advance energy engineering sciences in Iceland and to educate and train young men and women in the field of energy engineering sciences and technology.

The program in green energy technology has a strong focus on geothermal energy technology, capitalizing on the extensive expertise of leading Icelandic energy companies in this field. Recognizing that solutions to the energy challenges of the 21st century need to be global, the program also provides a solid background in other forms of renewable energy technology.

The ultimate goal of the mission is to generate new knowledge and produce highly trained professionals for the energy and technology industry.

The program in mechatronics revolves around the integration of mechanical, electronic and software components into efficient modern monitoring, control, and regulation systems. The two programs are interconnected; as such systems lie at the heart of geothermal and other renewable energy plants and play a key role in the efficient use and conservation of energy.

In order to accomplish its mission, Keilir Institute of Technology operates both a School of Energy and Technology and state-ofthe-art research laboratories in applied energy engineering. The institute places great emphasis on project-based learning, laboratory instructions and collaboration with both the energy industry and the University of Iceland.

The School of Energy and Technology The School of Energy and Technology is dedicated to excellence in education at the undergraduate level in the fields of energy and related technologies. The school offers two multidisciplinary BSc. programs in co-operation with the University of Iceland -one in green energy technology and the other in mechatronics.

KIT also runs a state-of-the-art research center in energy sciences. The research center is located in the same building as the school and is used for teaching, training, research and development. Start-up companies within ﾃ《brﾃｺ Enterprise Park will be able to make use of the research facilities. An energy resource park that is presently under development will provide additional facilities for tight collaboration between the energy industries (geothermal and other) and the School of Energy and Technology. Thus bringing together academia and the energy industry.

Aviation related

Health Village Retail and services Film Industry Technology Park

University Education Green Energy Park

Future Residential

Data center

University Campus

[The new Ásbrú Area Plan] The Ásbrú Area Plan is a collaborative project between Reykjanesbær town, Keflavík Airport Development Company (Kadeco) and Háskólavellir. These parties are agreed that Ásbrú should be an attractive and safe community that is also environmentally and family-friendly. Emphasis is placed on services to the international academic and knowledge community, by bringing together companies, universities, knowledge, capital and facilities, each with a focus on innovation, development and export. A focus is placed on putting the properties in the area to profitable, civil use, so that positive social influences become widespread. The parties intend to stimulate a new demand for apartments in the area, a demand that was not previously there. The area planning proposal is designed by the British firm Engle Architects in collaboration with the Icelandic real estate development company Klasi. The project is a liaison with the Reykjanesbær town master planners, Kanon architects and VSO Consulting. Other parties were involved in specific areas, such as traffic and weather forecasting.

[ﾃ《brﾃｺ fitness and health village]

There are tremendous opportunities tied to the development of health and relaxation on the Reykjanes peninsula. The majority of tourists who come to Iceland travel through the Keflavik International Airport and visit the Blue Lagoon in Reykjanes during their stay. There are boundless untapped opportunities in offering these tourists more services in that market niche.

There are many opportunities tied to the development of health and relaxation in the Reykjanes area. In 2011 around 540 thousand tourists travelled to Iceland, about 100 thousand more than in 2010. The annual average growth in tourism from 2005 to 2011 was about 6%. About 400 thousand tourists that travel to Iceland through Keflavik Airport visit the Blue Lagoon, an innovative company in health, wellness and skin care powered by geothermal energy, during their stay in Iceland. The Blue Lagoon is located about 15 minutes from Ásbrú. There is an opportunity in offering these tourists more service in that market niche in Iceland. According to the latest figures Icelanders enjoy one of the longest life expectancy as well as having one of the highest healthy life expectancy in the world. The facilities at Ásbrú and the courses offered at Keilir Health Academy strengthen further the concept of the health and fitness village. There has been great enthusiasm among parties in the health care industry and medical tourism in utilizing the opportunities in the area. The opportunities are among others Iceland´s location, the ability of health professionals, clean climate and beautiful landscape.

[Ásbrú Incubator]

Ásbrú is one of Iceland’s foremost innovation areas. Because of the quantity of available housing reserved for innovation and entrepreneurship, Ásbrú is still a blank canvas for entrepreneurs to create their works on.

A large portion of the available housing at Ásbrú is earmarked for entrepreneurs. The Eldey Incubator is one of the largest business incubators in Iceland, offering both office facilities and workshop facilities for entrepreneurs to develop their innovations. Reykjanes Development Agency, called Heklan, provides support for entrepreneurs in Eldey. For more advanced entrepreneurs and businesses, Ásbrú offers office facilities in the Eldvörp business hotel where companies can set up their business with shared access to meeting rooms, cafeteria and conference facilities.

Companies looking for larger scale developments are also being accommodated at Ásbrú: Kadeco still has facilities and land available for interested investors looking to come to Iceland with interesting new developments. One example of this is the Verne Global data centre.

The Research Laboratories in Applied Energy Engineering The research laboratories in applied energy engineering are located in the same building as the Keilir Institute of Technology and are used for teaching, training, research and development. The purpose of the research laboratories is to facilitate communication, collaboration and knowledge sharing between the energy industry and the academia, e.g. the School of Energy and Technology and the University of Iceland. The aim is to establish domestic and international collaborations with universities and companies and have space to accomodate visiting students and scientists. Start–up companies within the technology park will be able to make use of the research laboratories which consist of five labs: thermal– & fluid engineering laboratory, material engineering laboratory, chemical engineering laboratory and a fabrication laboratory.

Thermal– & Fluid Engineering Lab provides both students and researchers with state-of-the-art equipment for carrying out research in the fields of thermal and fluid engineering. Initial research in the lab will mainly be in the area of geothermal energy.

Material Engineering Laboratory The main focus is research on engineering materials and materials operating in severly corrosive environment such as in the geothermal power plants. Special attention will be on geothermal drilling technology, but studies for other applications will also benefit from the lab equipment, e.g. food processing, prosthetics and fuel cell research.

Research field The Icelandic energy market is characterized by an abundance of hydroelectric and geothermal energy used for households and energy intensive industry, while vehicles still rely largely on imported fossil fuels. Projects in this field will therefore work towards the development of environmentally friendly fuels from domestic sources, which are to be used in cars and ships. Examples include methane, dimethylether, methanol, hydrogen and hydrocarbons generated by carbon recycling processes.

Mechatronics Engineering Laboratory The main research theme is efficient use and conservation of energy using automatic intelligent controls. The research and development carried out in the lab are mainly aimed at the needs of the icelandic industries, e.g. the geothermal–, fish– and biomedical industries. The work can be roughly divided into two areas: measurements and control. Both areas make use of electronics, software, motors, and other electrical/electronic equipment, e.g. PLCs.

Chemical Engineering Laboratory The Chemical Engineering Laboratory is a combined research and teaching facility consisting of two adjacent labs. The teaching part enables effective instruction in general, inorganic, and organic chemistry and chemical engineering at the undergraduate level. The room has wet bench space for a total class size of 24 students, working in groups of 3-4 students. Benches are set up with all necessary utilities, ventilation, and fume hoods as well as modern information technology infrastructure. This room will also be used by the Háskólabrú college preparatory classes offered by Keilir. Having an on-site state of the art teaching lab will greatly improve the quality of their continuing education classes in chemistry.

Fab Lab The Fabrication Laboratory is equipped with a comprehensive range of traditional and CNC machinery. The lab is used for teaching the basics of safe workshop practice and the basic concepts of machining, manufacturing and construction practices. The lab is also for teaching and training advanced CNC and CAM techniques. The lab equipment enables students and researchers to produce mechanical parts for both small design projects and large research projects.

[Iceland‘s Premier Data Center Location] In the fall of 2011 the project began to take off as a modular data center from UK producer Colt was shipped to Iceland to be assembled in the Verne data center campus at the Ásbrú. This project demonstrates Iceland's possibilities in providing high value service to demanding clients such as the international IT industry. The clients of Verne Global are among others BMW, Datapipe, CCP and GreenQloud. By locating high performance computing applications at Verne Global in Ásbrú BMW will reduce annual carbon emissions by 3,750 metric tons; the equivalent of the carbon produced by burning 1.46 million liters (about 385,000 gallons) of gas.

One of the largest developments at the Ásbrú Enterprise Park is the establishment of an international data center powered by green energy with no carbon emissions. The data center project is operated by the company Verne Global which has US, UK and Icelandic owners.

[Ásbrú Campus – a good place to live] Keilir, Háskólavellir, Kadeco and Reykjanesbær are working together to create a knowledge-based community at Ásbrú. Keilir is renting out apartments at the campus to students. The first apartments were rented out in August 2007. The rates are very reasonable and all university students in Iceland have access to them. Included in the rent are heating, electricity, internet connection and free bus transfers (with internet connection) between Ásbrú and Universities in the Reykjavik area. Payments to the housing fund are not included in the rent. Ásbrú offers a fun and diverse environment which suits both individuals and families. There are excellent facilities and areas for outdoor activities at Ásbrú and the residents of Ásbrú have access to playgrounds for children and open barbecue facilities. There is an elementary school at Ásbrú, Háaleitisskóli, which has children's classes 1-6. There are also two preschools at Ásbrú: the health focused kindergarten Háaleiti and the kindergarten Völlur.

The Service center of Ásbru is located at Keilisbraut 773. The center is home to Langbest, a family friendly restaurant and café, local hair saloon and a mini market. In September 2012 Sporthúsið opened the third biggest gym in Iceland at Ásbrú. Listatorgið (Art Square), where culture and hobby groups in Reykjanesbær have their facilities, is located at Ásbrú, next to the service center at Keilisbraut 773. The double-lane Reykjanesbraut makes all transport and communication to the Reykjavík area easier and safer, and it is only about 20 minutes drive from Ásbrú to the outskirts of Reykjavik (Hafnarfjörður).

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The Keflavik Airport Development Corporation