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…

On November 15, 2022, JSC "Augstsprieguma tīkls" together with the other Baltic transmission system operators (TSOs) had prepared and published  for public consultation  the common Baltic energy market concept for frequency restoration reserves with automated activation (aFRR) (hereinafter, Baltic aFRR market concept), the…

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…

We wish you warm and bright Christmas, energy in 2024!

In Grobiņa, a message to future generations has been laid and the concrete foundation works have started for the first high-power synchronous machine or condenser station, a strategically important infrastructure object for the stability of Latvia’s electric power system. JSC Augstsprieguma tīkls, in cooperation with EM&…

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…