The Shareholders' Meeting of Latvenergo AS has been convened
Riga, 2020-09-03 15:00 CEST --
Latvenergo AS informs that on 9 September 2020 at 15.00 at the premises of Latvenergo AS at Pulkveža Brieža Street 12, Riga, the Extraordinary Shareholders' Meeting of Latvenergo AS has been convened. The agenda of the meeting includes items regarding the request to the Cabinet of Ministers of the Republic of Latvia to allow the investment of state-owned objects in the share capital of Latvenergo AS and Latvenergo group directors and officers liability insurance.
Phone: +371 29 453 897
Latvenergo Group is one of the leading energy suppliers in the Baltics operating in electricity and thermal energy generation and trade, natural gas trade and electricity distribution services. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several times. International credit rating agency Moody's has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.
Latvenergo Group is comprised of the parent company Latvenergo AS (generation and trade of electricity and thermal energy, trade of natural gas) and subsidiaries - Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (trade of electricity and natural gas in Estonia), Elektrum Lietuva UAB (trade of electricity and natural gas in Lithuania), Enerģijas publiskais tirgotājs AS (administration of mandatory electricity procurement process) and Liepājas enerģija SIA (generation and trade of thermal energy in Liepaja, electricity generation). All shares of Latvenergo AS are owned by the state and held by the Ministry of Economics of the Republic of Latvia.