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The international credit rating agency “S&P Global Ratings” (S&P) has raised the long-term credit rating assigned to the Latvian transmission system operator Augstsprieguma tīkls AS (AST) from BBB+ to A- with a stable outlook.

“Upgrading the credit rating of AST from BBB+ to A- is good news. This is the…


The Baltic Transmission System Operators (Baltic TSOs) Augstsprieguma tīkls, Elering and LITGRID have jointly prepared harmonized principles for Baltic LFC reserve prequalification and submit them for public consultation.

Articles 155 (1) and 159 (1) of the European Commission Regulation (EU) 2017/1485 establishing a…


The international credit rating agency S&P Global Ratings has raised Latvian transmission system operator's Augstsprieguma tīkls AS (AST) long-term credit rating from BBB+ to A- with a stable outlook.

The upgrading was a result of AST's successful EUR 116.2 million loan refinancing by issuing EUR 100 million in…


The Baltic electricity transmission system operators (TSO) Elering, Augstsprieguma tīkls (AST) and Litgrid entered into an agreement to establish a Baltic Regional Coordination Centre (RCC) based in Tallinn and submitted a corresponding proposal to the competition authorities of the three countries.

Establishment of…


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…


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…


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