Latvenergo
Electricity, Oil & Gas · 1K - 5K Employees
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Overview
Website
www.latvenergo.lvRevenue
$379.4 MillionIndustry
ZI Rank: 2
Signal Type
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ZI Rank
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About Latvenergo
Latvenergo is a leading energy trader and one of the most environmentally friendly producers in the Baltic States, specializing in electricity and thermal energy production and trading, as well as natural gas trading. The company serves approximately 896,000 clients across the Baltic region and emphasizes the use of renewable resources, with 66% of its energy produced from such sources. It also offers services related to energy efficiency, e-mobility, and customer support through its online store, Elektrum. With over 85 years of experience in the energy sector, Latvenergo is committed to sustainability and innovation in energy solutions.Explore more
Latvenergo Org Chart
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Latvenergo Tech Stack
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Latvenergo News & Media
Latvenergo and H2Pro Sign MOU to Advance Green Hydrogen Commercialization in Latvia
CAESAREA, Israel and RIGA, Latvia, March 11, 2025 /PRNewswire/ -- Latvenergo, Latvia's national electricity company, and H2Pro, an Israeli innovator in green hydrogen production, have signed a Memorandum of Understanding (MOU) to explore the feasibility of deploying H2Pro's breakthrough...Elektrum starts selling natural gas to Latvian households
Expanding the range of the services provided to customers and implementing the objective set in the strategy of Latvenergo AS - development of new business areas, the Elektrum brand is the first active trader to launch operations in the natural gas market for households in Latvia. Until now, the service has been provided to households by the historic natural gas supplier Latvijas Gāze AS. The entry of Elektrum into the natural gas market for householdsLatvenergo AS attracts funding for implementation of investment projects
Latvenergo AS has attracted loans from several banks for a total amount of EUR 240 million with a repayment term of 7 and 10 years. Latvenergo AS raises capital on a regular basis in order to ensure timely provision of funds for the financing of capital investments. SEB banka AS (the amount of loan – EUR 130 million), Swedbank AS (EUR 50 million), OP Corporate Bank plc Latvia Branch (EUR 40 million) and Citadele banka AS (EURFinancial Calendar 2019
In 2019, the consolidated financial results of Latvenergo Group will be published as follows: Date Event
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Latvenergo is a leading energy trader and one of the most environmentally friendly producers in the Baltic States, specializing in electricity and thermal energy production and trading, as well as natural gas trading. The company serves approximately 896,000 clients across the Baltic region and emphasizes the use of renewable resources, with 66% of... Read More
