27.03.2026

The medium-term operating strategy of Augstsprieguma tīkls Group (the Group) through 2030 has been approved. The Group – comprising the electricity transmission system operator AS “Augstsprieguma tīkls” (AST) and the unified natural gas transmission and storage system operator Conexus Baltic Grid (Conexus) – has set a strategic objective to ensure the security of Latvia’s energy supply by delivering continuous, high-quality and accessible energy transmission services, ensuring the sustainable management of state-strategic energy infrastructure and supporting its integration into the European Union’s internal energy market.

Latvia’s Energy Strategy 2050, evolving geopolitical landscape and ongoing changes in the energy sector and globally will continue to drive industry transformation and form the basis for the Group's medium term operating strategy for 2026–2030. A summary of the Group’s strategy is available at https://www.ast.lv/en/content/goal-and-strategy. 

Investors, cooperation partners, industry organisations and other stakeholders will be able to learn more about the Group’s strategic priorities at an event on 2 April 2026, 14:00–17:00. A live stream will be provided. The event will be held in Latvian with English real‑time text translation. Registration: www.ast.lv/en/strategy.

At the event, Kaspars Melnis, Minister for Climate and Energy, Dzintars Jaunzems, Advisor at Latvijas Banka and a lecturer at Riga Technical University (RTU), as well as representatives of AST and Conexus management, will speak about:

·        Macroeconomic and capital‑markets trends that will affect the energy sector; 

·        Latvia’s energy priorities and the AST Group’s goals;

·        Electricity market development and integration;

·        Development plans for the electricity and natural gas transmission systems. 

AST will be represented by Olga Bogdanova, Chair of the Supervisory Board, Rolands Irklis, Chair of the Management Board, and Management Board members Gatis Junghāns, Arnis Daugulis and Imants Zviedris. Conexus will be represented by Uldis Bariss, Chair of the Management Board, and Management Board members Mārtiņš Gode and Rinalds Dimiņš.

The AST Group is the backbone of Latvia’s energy supply infrastructure which, by combining the electricity and natural gas transmission systems, ensures a stable and reliable energy supply nationwide. The Group implements energy infrastructure development projects of critical importance to the Latvian state, strengthening system resilience, security of supply and the stable functioning of the national economy. By developing transmission networks and deploying modern technologies, the Group ensures Latvia’s readiness for future demand, the energy transition and the development of the European energy system.

About JSC "Augstsprieguma tīkls"

AST, the Latvian electrical power transmission system operator, ensures uninterrupted and secure transmission of electricity throughout Latvia. Its vision is to become the leading transmission system operator in the region through the efficient and successful implementation of development-oriented changes. AST has 68.46% shareholding in the capital of the operator of the natural gas transmission and storage system JSC “Conexus Baltic Grid”.

For further information, please contact:

Līva Jēgere,

Head of Communications,

Phone: +371 26151344.

E-mail: liva.jegere@ast.lv  

E-mail: liva.jegere@ast.lv