Moody's affirms Latvenergo AS rating
August 25, 2026
Moody's Ratings has affirmed Baa2 credit rating of Latvenergo AS. The outlook remains stable.
The rating affirmation reflects Latvenergo stable business profile, its significant role in Latvia's energy sector, and its strong position in the Baltic electricity market. The company's financial stability is further supported by its investments in renewable energy assets and the operation of the regulated distribution grid.
Moody's Ratings Credit Opinion will follow within 1-2 weeks.
Latvenergo AS credit rating Baa2 is an investment grade rating. The credit rating is used by local and international financial institutions for evaluating the company’s credit risk and it facilitates the company to attract financing on favourable terms. Moody's has been assigning the credit rating to Latvenergo AS since 2004 and it has been Baa2 with stable outlook since 2015.