Latvenergo is Latvia’s state-owned energy group and one of the leading electricity producers and suppliers in the Baltic region, headquartered in Riga. Its core activities include the generation and sale of electricity and thermal energy. The company’s asset base is anchored by large hydropower plants on the Daugava River, complemented by natural gas–fired combined heat and power facilities. Latvenergo also operates retail energy services under the Elektrum brand in the Baltics and selected neighboring markets.
Focusing on energy security and decarbonization, Latvenergo is expanding renewable capacity through wind and solar projects, upgrading hydropower efficiency, and exploring flexible solutions such as storage. The company is also assessing power-to-hydrogen and other electrification pathways to support the low‑carbon transition of regional industry and transport.
