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Alexela enters the Latvian market

Alexela, a leading energy company and green innovator in Estonia, has announced its expansion into the Latvian energy market, solidifying its commitment to providing sustainable energy solutions.

Marti Hääl, Chairman of the Board at Alexela, emphasised the strategic importance of this expansion. “Entering the Latvian market is a significant step for Alexela,” he said. “We are dedicated to delivering high-quality energy solutions and establishing long-lasting partnerships in Latvia.”

With this expansion, Alexela reaffirms its commitment to driving innovation and sustainability in the energy sector and looks forward to contributing positively to the Latvian energy landscape.

Alexela is offering a range of customised offers for corporate and private clients in Latvia. These offerings encompass both natural gas and electricity solutions, providing flexibility to suit varying business needs.

“As the energy sector continues its transformation from fossil to renewable energy resources, it has also contributed to a volatile market environment,” added Māris Avotiņš, Country Manager of Alexela in Latvia. “We believe that the arrival of a new player in Latvia’s energy sector and Alexela’s one-stop-shop approach will be a positive signal to both home and business energy needs, contributing to more stable and predictable pricing options as well as stressless consumer-focused and tailored solutions.”

Alexela is an Estonian green innovator that develops a sustainable network of service stations through the creation of filling-up facilities for biomethane, LNG, electricity and hydrogen already in 2024. Alexela provides its customers in Estonia, Latvia and Finland with a unique range of everyday energy products, such as electricity, natural gas, cylinder and tank gas, as well as car fuels in more than 100 service stations across Estonia. In addition, the company has 41 convenience stores in Estonia, renewable energy production and storage projects already operating and under development with a volume of nearly 1,000 megawatts (MW), as well as an onshore LNG terminal in Finland.

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