News

LPG_terminala_atklasana

08.03.2026

Modernised LPG Terminal Opened in the Port of Riga – AVH Group and Alexela Strengthen Baltic Energy Security

A modernised liquefied propane gas (LPG) terminal has been opened in the Port of Riga, enabling regular transatlantic gas deliveries from the United States. It is currently the only terminal of its kind in the Baltic States and represents a significant investment in strengthening the region’s energy security and supply diversification. The total project investment amounts to EUR 10 million and was implemented by SIA Latvijas Propāna Gāze, whose shareholders include Estonia’s B2G Group. B2G Group is part of the AVH Group, which also includes Alexela — one of the leading energy companies in the Baltic region with a broad portfolio of products and infrastructure.Modern and Safe LPG Handling InfrastructureThe upgraded infrastructure enables the Port of Riga to receive and service large transatlantic LPG tankers. The launch of regular deliveries was marked by the arrival of the 180 metre vessel CERRO ALTO EXPLORER, which delivered 20,000 tonnes of LPG from the United States at the end of February. It is expected that up to 400,000 tonnes of LPG will be handled through Riga in 2026, further strengthening the city’s role as a key regional energy logistics hub.The terminal modernisation included the construction of a 780 metre gas pipeline from the deep water berth to the terminal, as well as the development of a new technological complex ensuring safe LPG warming and processing. A multilayer automated safety system has been introduced, significantly increasing operational safety and reducing the likelihood of human error. Additionally, railway infrastructure has been expanded, enabling more efficient cargo flow across the Baltic states, while road transport from the Port of Riga now reaches markets in Poland, Ukraine and Northern Europe.AVH Group and Alexela’s Contribution to Regional DevelopmentAVH Group and Alexela continue to invest long term in projects that enhance energy resilience in the Baltic and Nordic regions. Alongside Alexela’s extensive energy business, the group’s portfolio includes strategically important infrastructure investments, such as the LNG terminal in Hamina, Finland, and now the development of the LPG terminal in Riga.According to Heiti Hääl, Chairman of the Supervisory Board of SIA Latvijas Propāna Gāze and principal shareholder of the AVH Group, the Port of Riga project is a significant step toward improving regional energy security and ensuring stable future supply chains.Riga Becomes a Strategic Energy Hub in the Baltic Sea RegionAs a result of the modernisation, the Port of Riga is emerging as one of the most strategically important logistics points in the Baltic Sea region, providing broader opportunities for the Latvian economy as well as neighbouring markets. Looking ahead, SIA Latvijas Propāna Gāze plans to continue the terminal’s development, including increasing its LPG storage capacity. 

alexela_rogainigs_MTB_2026

04.03.2026

New Power and Smart Decisions: Alexela Latvija Becomes Official Supporter of the "Legend Rogaining" MTB Distance

We are convinced that every individual victory is rooted in strong support. That is why, for the 2026 season, Alexela Latvija is becoming the official partner of the "Legend Rogaining" 3h MTB distance. Although MTB is the only discipline where participants compete individually, we know that no great goal is ever achieved entirely alone.Rogaining is more than just a physical challenge. It is a discipline that requires smart planning, the courage to choose your own path, and the ability to maintain power until the very last checkpoint. The MTB distance demands the highest level of individual focus and smart planning. Yet even the strongest rider needs a "support team" – the family cheering at the start, the friends waiting at the finish line, and the colleagues who inspired the challenge.We are your "team" – both at the competition hub and in your daily lifeWe will bring the values of Alexela Latvija – to empower and support one another – to life at the competition center. While MTB riders showcase their individual character and power on the track, we invite their families, friends, and colleagues to gather at our tent. Here, everyone is welcome to enjoy a comfortable rest, plan their routes, or charge their smart devices before the start.We believe that working together – supporting and motivating each other – is one of the greatest "prizes" such an event offers. Emotional fulfillment is what provides the strength for future victories.Prizes to maintain your powerWe know that every achievement deserves recognition. Therefore, at each stage of the competition, Alexela Latvija will award the top three finishers of the MTB distance with specially curated prizes designed to help maintain power and energy for future goals.But the surprises don’t end there! At the end of the season, we will present a Grand Prize focused on complete relaxation. We believe that after a high-powered season, it is essential to "recharge your batteries," recover your strength, and peacefully prepare for the new season ahead.Find the competition calendar and register to participate.See you on the track, where smart decisions and collective energy create legends! 

elastigais_tarifs_sirdsmieram

05.02.2026

Are electricity prices stressful? The FLEXIBLE tariff is a smart solution that reduces stress for households

For many Latvian residents, electricity prices are currently one of the biggest sources of stress. Heating, lighting, household appliances - a normal life is unimaginable without electricity, but bills continue to grow, so more and more households are looking for more profitable solutions.Until now, the choice was difficult: either take a risk with the exchange price, which can change every 15 minutes, or tie yourself to a fixed contract for a year or even longer. Alexela offers a unique solution on the Latvian market - the FLEXIBLE tariff, which allows you to feel safer without losing your freedom.Controlled electricity pricesThe FLEXIBLE tariff is an electricity tariff without long-term commitments, with a fixed price for one month. This means that you know exactly how much electricity will cost in a given month and can plan your expenses with peace of mind.An important advantage is clarity and predictability - the price for the next month is announced on the 1st of the previous month. This helps to avoid unpleasant surprises and unnecessary stress.Key benefits of Alexela's unique offerBy choosing this tariff, the consumer gains several significant benefits:Complete freedom – no early termination fees. You can change or deactivate the tariff plan at any time without penalty.Stress-free stability – the price does not change during the month. You do not have to follow stock market fluctuations or worry that the bill may unexpectedly increase.Long-term profitability – statistically, this solution allows you to get a better price than long-term fixed contracts, as the system quickly adapts to market changes.Price transparency – all information is available on the Alexela website in a timely manner.This solution means less worry in everyday life, so it is especially suitable for households that want to control their budget.Tariff comparison: why a FLEXIBLE tariff is the best choiceA market tariff means constant price fluctuations - one price today, another tomorrow. This can be beneficial in the short term but often creates uncertainty and difficulties in budget planning. On the other hand, a traditional fixed tariff provides stability but locks you into one price for a long time, even if the market situation becomes more favourable.A monthly fixed approach is a smart choice for households. The price is stable throughout the month, but at the same time you are not tied to a long-term contract. If prices in the market decrease, the benefit appears the next month. It is a safe and understandable choice for those who want peace of mind, not constant worries about bills.FLEXIBLE tariff – less stress, more clarityIf you value security but don’t want to tie yourself to a fixed long-term contract, this solution is the golden mean, created just for you. It helps you control electricity prices, plan your expenses and live more peacefully.Billing is based on actual electricity consumption, not flat-rate payments. This means you only pay for what you actually use.Changing or connecting to a tariff takes place on the first day of the calendar month, without complicated processes, unnecessary formalities and penalties.Learn more and connect to this advantageous FLEXIBLE tariff today.