International credit rating agency Moody’s Investors Service has developed Latvenergo AS Green Bond Assessment In-depth Report. The reports can be found on Latvenergo AS website’s section Investors / Financial Information / Bonds / Green Bonds.

As previously announced, in October 2016, Moody’s Investors Service assigned the highest GB1 (excellent) rating to green bonds issued by Latvenergo AS, basing its decision on transparent and highly efficient decision-making process within the company, transparent management of proceeds, and effective reporting and disclosure procedures.

Latvenergo AS, in June 2015, issued green bonds in the amount of 75 million euros, completing the programme with another issue of 25 million euros in April 2016.

Additional information:
Inese Vilciņa
Financing and Investor Relations Manager
Phone: +371 67 728 767
E-mail: investor.relations@latvenergo.lv

www.latvenergo.lv

About Latvenergo

Latvenergo Group is the largest power supplier in the Baltics. It operates in electricity and thermal energy generation and trade, electricity distribution services, and the leasing of transmission system assets. Latvenergo Group holds approximately one-third of the Baltic electricity market, thus ensuring its leadership in the Baltic electricity trade. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several times. International credit rating agency Moody’s has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.

Latvenergo Group includes the parent company Latvenergo AS (electricity and thermal energy generation and trade) and its subsidiaries - Latvijas elektriskie tīkli AS (lease of transmission system assets), Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (electricity trade in Estonia), Elektrum Lietuva UAB (electricity trade in Lithuania), Enerģijas publiskais tirgotājs AS (administration of electricity mandatory procurement process) and Liepājas enerģija SIA (electricity and thermal energy generation and trade).