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Development

Transmission system operators (TSO) from the Baltic States: Litgrid (Lithuania), AST (Latvia), Elering (Estonia) and from Poland (PSE), today submitted a joint application for funding from the Connecting Europe Facility (CEF). Four TSOs request a financial support for the investments of Baltic Synchronisation…

Announcements

On October 13, Latvian TSO's "Augstsprieguma tīkls" (AST) made a successful debut in the capital markets by issuing a 5.25-year Green Bond in the amount of EUR 100 million, which is the first issue under the first AST bond issue programme of EUR 160 million. The notes were issued at a fixed annual interest rate (coupon) of 0…

Market

The Council of the Public Utilities Commission of Latvia on 30th September 2021 has expressed support for the Latvian and Estonian transmission system operators (AS Augstsprieguma tīkls (AST) and Elering AS) developed Methodology on cross-zonal capacity calculation and allocation with Russia (hereinafter - the Methodology)…

Announcements

Today, 7 October, The Financial and Capital Market Commission has registered the Base Prospectus of the First Programme for the Issuance of Notes of Augstsprieguma tīkls JSC (AST). The total amount of the programme in nominal value is 160 million euro.

In preparation for the imminent bond issue and in line with AST’s…

Development

JSC "Augstsprieguma tīkls" together with other Baltic transmission system operators (TSOs) operate in a common model for balancing of power systems of Latvia, Estonia and Lithuania as of 18 January 2018. To ensure this, the common Baltic coordinated balancing area (Baltic CoBA)…

Development

On July 21, 2021, Augstsprieguma tīkls AS, together with other Baltic TSOs, published a joint document on the updated Baltic CoBA Imbalance Settlement Rules. It conforms to the methodology established in the “All TSOs’ proposal to further specify and harmonize imbalance settlement in accordance with Article 52(2) of the…

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