JSC "Augstsprieguma tīkls" increases its share capital for the implementation of energy reliability projects
On December 27, 2024, 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 1 105 196 in accordance with the share capital regulations approved by the shareholder. The invested funds will be used to make the necessary investments, including the energy reliability projects.
The share capital of AST has been increased to 396,660 million. EUR in order to implement investment projects important for Latvia's energy independence and energy system reliability.
About Augstsprieguma tīkls AS
Augstsprieguma tīkls AS (AST) is an independent transmission system operator, which operates the electric power transmission network ensuring continuous, safe and sustainably efficient electric power supply in Latvia. AST’s vision is to become the region’s leading transmission system operator through driving development and innovation oriented changes. AST holds 68.46% of the shares of the natural gas transmission and storage system operator JSC Conexus Baltic Grid.
Additional information:
Liva Jegere
Head of Communications
T. +371 26151344
E-mail: liva.jegere@ast.lv
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