OREANDA-NEWS. Starting from 16 November Vita Andersone takes up the duties of the Chairperson of the Management Board of Latvijas elektriskie tīkli AS. The new Chairperson of the Management Board is highly experienced in the energy sector, as well as in the issues of economy and finance. Up to now, Mrs. Andersone was a Chief Financial Officer of Latvijas elektriskie tīkli AS, a Member of the Management Board of Latvijas elektriskie tīkli AS (2011 – 2015), a deputy Chairperson of the Management Board of Augstsprieguma tīkls AS (2005 – 2011).

Guntis Stafeckis, a former Chairman of the Management Board and Chief Executive Officer, takes office of the Member of the Management Board of Latvenergo AS from 16 November.

Latvijas elektriskie tīkli AS is a subsidiary of Latvenergo AS that ensures transmission system asset financing and lease to Latvian transmission system operator. Shareholder of Latvijas elektriskie tīkli AS is Latvenergo AS.

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 Baa2/stable.

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