News and Events

The medium-term operating strategy of Augstsprieguma tīkls Group (the Group) through 2030 has been approved. The Group – comprising the electricity transmission system operator AS “Augstsprieguma tīkls” (AST) and the unified natural gas transmission and storage system operator Conexus Baltic Grid (Conexus) – has set a…

Latvia’s Energy Strategy 2050, evolving geopolitical landscape and ongoing changes in the energy sector and globally will continue to drive industry transformation and form the basis for the Augstsprieguma tīkls Group’s (AST Group) medium term operating strategy for 2026–2030. The Group comprises the parent company – Latvia’…

Latvia’s transmission system operator AS “Augstsprieguma tīkls” (AST) continues to diversify its funding sources and plans to issue bonds in the capital markets in the autumn of 2026 in an amount of up to EUR 100 million to finance development projects. Following a procurement procedure, Luminor Bank AS has been selected as…

In 2025, Latvia’s transmission system operator AS Augstsprieguma tīkls (AST) invested EUR 182.85 million in the development of the electricity transmission network, strengthening security of electricity supply and ensuring the availability of transmission services. Of this amount, EUR 90.84 million – with significant co-…

In 2025, solar and wind power plants accounted for 44% of total electricity generation in the Baltic region and are expected to become the dominant form of electricity production in the foreseeable future. As electricity generation from solar and wind sources is dependent on weather conditions, and weather forecasts are more…

The shareholder of Latvia’s transmission system operator AS "Augstsprieguma tīkls" (AST) – the Ministry of Climate and Energy – will organise an open competition in 2026 to appoint two members to the AST Supervisory Board. While the competition is being conducted, interim board members will serve on the Supervisory Board to…