Briefly about the Group
Operating segments
Generation and Trade
Generation of electricity and thermal energy, electricity and natural gas trade, sale of products and services related to electricity consumption and energy efficiency in the Baltic states, and administration of the mandatory electricity procurement process in Latvia.
Distribution
The distribution service ensures the flow of electricity from the transmission network to consumers. Sadales tīkls AS is the country’s largest distribution system operator and covers approximately 99% of the territory of Latvia. Distribution system service tariffs are approved by the Public Utilities Commission (PUC).
More information on Sadales tīkls AS webpage www.sadalestikls.lv.
Facts
Data as of 31.12.2024
1939
Founded
3,436
Employees
3
Countries of operation
4,842 GWh
Electricity output
1,665 GWh
Thermal energy output
66%
Electricity output from renewable energy
1,703 MEUR
Revenue
273 MEUR
Net profit
4,438 MEUR
Assets
530 MEUR
Investments
Baa2 (stable)
Credit rating
22%
Electricity market share in the Baltics
896,000
Retail customers
6,140 GWh
Retail electricity supply
1,190 GWh
Retail natural gas supply
1,665 GWh
Thermal energy sold
2,728 MW
Installed electrical capacity
92,322 km
Length of distribution lines
6,001 MVA
Transformer capacity
1,800 MW
Installed thermal capacity