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 31.12.2022
1939
Founded
3,316
Employees
6
Subsidiaries
3,822 GWh
Electricity output
1,777 GWh
Thermal energy output
70%
Electricity output from renewable energy
1,842 MEUR
Revenue
184 MEUR
Net profit
3,855 MEUR
Assets
122 MEUR
Investments
Baa2 (stable)
Credit rating
20%
Market share in the Baltics
818,000
Retail customers
5,452 GWh
Retail electricity supply
930 GWh
Retail natural gas supply
1,705 GWh
Thermal energy sold
2,606 MW
Installed electrical capacity
92,407 km
Length of distribution lines
5,971 MVA
Transformer capacity
1,793 MW
Installed thermal capacity