
Latvenergo
A Baltic energy leader committed to environmentally conscious power generation and supply.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
* | €300m | Debt | |
Total Funding | 000k |
EUR | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 108 % | 13 % | (24 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
% profit margin | 13 % | 17 % | 24 % | 25 % |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Latvenergo stands as one of the dominant forces in the Baltic energy sector, tracing its roots back over eight decades. The company positions itself as a champion of sustainable energy, emphasizing its commitment to environmentally friendly practices. With a substantial customer base spanning across Latvia, Lithuania, and Estonia, Latvenergo caters primarily to individual households while also serving commercial clients. The company's business operations encompass electricity generation, leveraging renewable resources such as hydro and wind power. Beyond generation, Latvenergo actively engages in the sale and distribution of electricity, potentially offering innovative subscription-based energy solutions to meet diverse customer needs. As a forward-thinking energy provider, Latvenergo is likely exploring and implementing smart grid technologies, harnessing the power of data analytics and IoT to optimize energy distribution, enhance grid resilience, and promote energy efficiency across the Baltic region. This focus is in line with its public commitment of being more responsible.