Aizņēmumu avotu diversifikācijai, divu AS "Latvenergo" obligāciju piedāvājuma programmu ietvaros ir emitētas obligācijas 135 milj. EUR apmērā pēc nominālvērtības.

EUR 1,000,000,000 Euro Medium Term Note Programme

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Base Prospectus

European Green Bond Factsheet

Pre-issuance Review by Sustainable Fitch

Shares

The registered share capital of Latvenergo AS is EUR 1,076,323,931, consisting of 1,076,323,931 ordinary shares with a nominal value of EUR 1 per share.

Dividend Policy

The distribution of Latvenergo AS dividends is regulated by the Republic of Latvia Law on the State Budget for 2025 and the Budget Framework for 2025, 2026, and 2027 . According to the regulation, the expected amount of dividends payable by Latvenergo AS for the use of state capital in 2025 (for the reporting year 2024) is 70% of the profit for the reporting year, but not less than EUR 183.9 million. 

The actual amount payable by Latvenergo AS in dividends is determined by the Shareholders’ Meeting after the approval of the annual report, upon the evaluation of the results for the previous year.

Latvenergo Group is one of the biggest taxpayers in Latvia. In 2022, the Group paid EUR 273.5 million to the state budget of Latvia. The amount of taxes paid in Lithuania and Estonia was EUR 28.2 and EUR 18 million respectively. In the Baltics, EUR 140.3 million was paid in taxes in total. The table below shows the taxes paid by Latvenergo Group by years and types of taxes, where taxes borne are taxes directly borne by the Group and taxes collected are taxes for which the Group acts as an intermediary, i.e. the taxes collected from consumers and employees and further transmitted to the the State.

Tax payments by Latvenergo Group (MEUR):

Latvenergo AS maintains long-term cooperation with the international credit ratings agency Moody’s Investors Service. The credit rating to the company was assigned for the first time in March 2004.

Moody's Investors Service Credit Opinion 21 March 2025

Latvenergo AS credit rating