Amendments to the Articles of Association of Latve
Post# of 301275
Riga, 2013-10-10 14:26 CEST (GLOBE NEWSWIRE) -- On 9 October 2013, amendments to the Articles of Association of Latvenergo AS were registered, increasing the company’s share capital by LVL 614,040. As a result, the registered share capital of the company now constitutes LVL 905,219,000. In the share capital has been invested 404 land parcels and 4 buildings with a total land area of 21.8078 ha, which is already used state capital property by Latvenergo AS.
Additional information: J?nis Irbe Group Treasurer Phone: +371 67 728 239 E-mail: investor.relations@latvenergo.lv
About Latvenergo
Latvenergo Group is a pan-Baltic energy company, engaging in electricity and thermal energy generation and supply, electricity distribution services and management of transmission system assets. Latvenergo Group holds one-third of the entire Baltic electricity market, thus ensuring its leadership in the Baltic electricity supply. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several years in a row. International credit rating agency Moody’s has assigned Latvenergo AS an investment-grade credit rating of Baa3/stable.
Latvenergo Group includes the parent company Latvenergo AS (electricity and thermal energy generation and supply) and its subsidiaries Latvijas elektriskie t?kli AS (management of transmission system assets), Sadales t?kls AS (electricity distribution), Elektrum Eesti OÜ (electricity supply in Estonia), Elektrum Lietuva UAB (electricity supply in Lithuania) and Liep?jas ener?ija SIA (thermal energy generation and supply, electricity generation), as well as Elektrum Latvija SIA (electricity supply), a subsidiary of Elektrum Eesti OÜ.
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