Latvenergo

Latvenergo is a state-owned electric utility company in Latvia. The company generates about 70% of the country's electricity.

Latvenergo
TypeState owned
IndustryElectricity
Founded1958 (1958)
Headquarters
Riga
,
Latvia
Key people
Āris Žīgurs (CEO)
Revenue US$600 million (2006)
Number of employees
6,200 (2006)

Latvenergo has four hydroelectric power plants: Pļaviņu HES, Rīgas HES, Ķeguma HES and Aiviekstes HES, with total installed capacity of 1535 MWh, two combined heat and power plants with total electrical capacity of 474 MWe and heat capacity of 1525 MWt and a wind farm near Ainaži with installed capacity of 1.2 MW.[1]

Latvenergo is a parent company for the distribution company Sadales tīkls and the owner of the transmission system Latvijas elektriskie tīkli, while the transmission system is operated by the independent transmission system operator Augstsprieguma tīkls, a former subsidiary of Latvenergo.[2] The company also co-owns Liepājas enerģija, which has installed power capacity of 12 MWe and heat capacity of 427 MWt.[1]

Supporter of the University of Latvia Foundation. Latvenergo AS is a supporter of the University of Latvia Foundation. In September 2009, Latvenergo AS provided support for the publication of the 90th anniversary edition of the University of Latvia in the amount of 3,560 euros.[3]

References
  1. "Energy generation". Latvenergo. Archived from the original on 2012-08-14. Retrieved 2013-04-05.
  2. "About Latvijas elektriskie tīkli AS". Latvijas elektriskie tīkli. Archived from the original on 2013-07-03. Retrieved 2013-04-05.
  3. https://www.fonds.lv/lepojamies/mecenati/atbalstitaji/as-latvenergo/


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