News and Events
On December 15, 2023, at the extraordinary general meeting of shareholders of Latvian transmission system operator JSC "Augstsprieguma tīkls" (AST), it was decided to increase the company's share capital by EUR 3 956 516 in accordance with the share capital regulations approved by the shareholder. The invested funds will be…
Supervisory Council of the Joint Stock Company “Conexus Baltic Grid” (“Conexus”), in the meeting of 27 December, 2023, made a decision to elect the current Head of Inčukalns Underground Gas Station (UGS) Rinalds Dimiņš in the Management Board of Joint Stock Company “Conexus Baltic Grid” from January 1, 2024 for a five-year…
The international credit rating agency "S&P Global Ratings" (S&P) has published a financial report, maintaining the long-term credit rating of the Latvian transmission system operator JSC "Augstsprieguma tīkls" (AST) at A- level and raising its future perspective from stable to positive.
The "S&P Global…
The net turnover of the Latvian transmission system operator JSC "Augstsprieguma tīkls" (AST) in the first nine months of 2023 was 114.9 million EUR, including revenues from electricity transmission grid services in amount of 60.7 million EUR with profit from electricity transmission before financial revenues reaching 0.04…
Latvian transmission system operator JSC "Augstsprieguma tikls" (AST) has submitted for approval the revised electricity transmission tariff to the Public Utilities Commission (PUC). The new amendments to the transmission tariff calculation methodology initiated by AST and approved by PUC allows to include the inflation…
Latvian transmission system operator JSC "Augstsprieguma tīkls" (AST) has received three financial offers for supply and installation of battery energy storage systems (BESS – Battery Energy Storage System) in Tume and Rezekne substations. In accordance with the rules of the procurement procedure, the evaluation of the…