Latvenergo
AS Latvenergo
Rīga, Latvia
About
Founded in 1997, Latvenergo is a limited company headquartered in Rīga, Latvia specializing in Hydro, Wind, Solar.
Latvenergo Group is a leading energy producer and trader in the Baltics, generating and trading electricity and thermal energy and trading natural gas. The group is a significant developer of wind, solar and hybrid renewable projects in Latvia and Lithuania, operates large hydropower plants on the Daugava river, and offers electric vehicle charging through the Elektrum brand.
Headquarters
Founded
Company type
Focus areas
Products & services
Business models
Value chain
Service areas (2)
Electricity generation and trading
Electricity and thermal energy generation, electricity and natural gas trading, and electricity mandatory procurement administration.
Electromobility charging
Electric vehicle charging network under the Elektrum brand.
Locations
Headquarters
Pulkveža Brieža street 12, LV-1230, Rīga, Latvia
Service regions
Projects
10Pienava Wind
Wind farm project acquired by Latvenergo, planned 21 Nordex turbines with total capacity of 147 MW, expected to start generation in first half of 2027.
Telšu vēja parks
Wind farm in Lithuania with 20 Vestas turbines, operational wind generation started.
Akmenes VES
Nordex wind farm in Lithuania, first Latvenergo wind farm outside Latvia, began operation end of 2024.
Laflora Energy
Wind farm in Latvia using hybrid tower technology, planned to be commissioned in 2026, total capacity 108.8 MW.
Kupišķu hibrīdparks
Hybrid renewable project in northern Lithuania combining 24 MW wind, 6 MW solar and 2.4 MW/9.6 MWh battery storage, planned commissioning January 2027.
Priekules hibrīdparks
First hybrid park in Latvia combining wind turbines, solar plant and batteries; wind turbine operation planned for 2027.
Riebiņu vēja parks
Wind farm project in Preiļi municipality with eight turbines and total capacity up to 57.6 MW.
Paņevežas vēja parks
Hybrid renewable project in northern Lithuania with 18 MW wind and 8 MW/16 MWh battery storage, planned commissioning November 2026.
Pļaviņu HES
Hydropower plant on the Daugava river with 10 hydro units reaching design capacity of 825 MW.
Rīgas TEC-2
Modernised combined heat and power plant in Riga, following reconstruction of its units.
Credentials & affiliations
Certifications
ISO 14001:2015
ISO 50001
Awards
Latvijas Ilgtspējas indekss Dimanta kategorija
ISS ESG Prime
Labākās investoru attiecības
Industry memberships
Partnerships
Eolus Latvija, Latvijas valsts meži, RWE, Latvijas Mobilais Telefons SIA, Nord Pool, Pasaules Dabas Fonds, Valsts kultūrkapitāla fonds, Estlink, Augstsprieguma tīkls
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