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Announcements

The revenue of the Latvian transmission system operator JSC “Augstsprieguma tīkls” (AST) in 2020 was 147 million EUR (in 2019 - 185 mln. EUR), but the profit - 10 mln. EUR (in 2019 - 7 mln. EUR), while the Augstsprieguma tīkls Group (AST Group) had revenues of 145 million EUR, but the…

Announcements

For the first time, the international credit rating agency S&P Global Ratings (S&P) has assessed and assigned the Latvian transmission system operator AS Augstsprieguma tīkls (AST) a long-term credit rating of BBB +.

"The high rating is an important step for AST towards the capital market,…

Announcements

On 21 July 2020, AS Augstsprieguma tīkls, fulfilling the task given by the Cabinet of Ministers, has concluded a transaction with PAS Gazprom for the acquisition of 34.10% of AS Conexus Baltic Grid shares, thus increasing its control in the company to 68.46%. As a consequence of this…

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