Lietuvos energija AB http://www.alacrastore.com/company-snapshot/Lietuvos_energija_AB-2515941 28 Nov 2009 05:20:54 EST 2515941 Lietuvos energija AB en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/spcred/711723spcred/711723norm711723The latest News from S&Pglobal27 Mar 2009 03:25:08 EST100NewsLithuaniaIndependent Power Producers & Energy TradersEmerging MarketsEurope, Middle East, AfricaElectricUtilitiesGlobal IssuersNewsLTU55105010 551050 5510 55Lietuvos Energija321532EMERGINGEUROMIDAFR11768@LHNEWSElectricGLOBISSUTILLEVFINCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/711724spcred/711724norm711724The latest Research Update from S&Pglobal27 Mar 2009 03:25:08 EST175Research UpdateLithuaniaIndependent Power Producers & Energy TradersEmerging MarketsElectricUtilitiesGlobal IssuersResearch UpdateLTU55105010 551050 5510 55Lietuvos Energija321532EMERGINGEUROMIDAFR11768@LHRESUPDElectricGLOBISSUTILLEVFINEurope, Middle East, AfricaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/325194spcred/325194norm325194The latest News from S&Pglobal14 Feb 2009 03:17:57 EST100NewsLithuaniaIndependent Power Producers & Energy TradersEmerging MarketsEurope, Middle East, AfricaGlobal IssuersSovereignsUtilitiesElectricNewsFRANKFURT (Standard&Poor's) July 25, 2003--Standard&Poor's Ratings Services said today it raised its long-term corporate credit rating on Lithuania-based electricity transmission company Lietuvos Energija (LE) to 'BBB-' from 'BB+', following changes in the company's structure that has reduced its business risk. The short-term corporate credit rating was raised to 'A-3' from 'B'. The outlook is positive. "The upgrade reflects LE's reduced business risk resulting from the demerger of its higher-risk distribution and generation business in 2002," said Standard&Poor's credit analyst Ralf Etzelmueller. "LE is now the country's monopoly transmission system operator, which generates stable cash flows, and the company has demonstrated a sound operating track record over the past 18 months." The ratings are alsoLTU55105010 551050 5510 55Lietuvos Energija321532EMERGINGEUROMIDAFR11768@LHNEWSLTU536878Lithuania (Republic of)315433EMERGINGEUROMIDAFR1092Z@LHGLOBISSSOVUTILElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/325195spcred/325195norm325195The latest Research Update from S&Pglobal14 Feb 2009 03:17:57 EST175Research UpdateLithuaniaIndependent Power Producers & Energy TradersEmerging MarketsEurope, Middle East, AfricaGlobal IssuersSovereignsUtilitiesElectricResearch UpdateOn July 25, 2003, Standard&Poor's Ratings Services raised its long-term corporate credit rating on Lithuania-based electricity transmission company Lietuvos Energija (LE) to 'BBB-' from 'BB+' following changes in the company's structure that has reduced its business risk. The short-term corporate credit rating was raised to 'A-3' from 'B'. The outlook is positive. The upgrade reflects LE's reduced business risk resulting from the demerger of its higher-risk distribution and generation business in 2002. LE is now the country's monopoly transmission system operator, which generates stable cash flows, and the company has demonstrated a sound operating track record over the past 18 months. The ratings are also supported by the benign and transparent regulatory regime under which LE operates, itsLTU55105010 551050 5510 55Lietuvos Energija321532EMERGINGEUROMIDAFR11768@LHRESUPDLTU536878Lithuania (Republic of)315433EMERGINGEUROMIDAFR1092Z@LHGLOBISSSOVUTILElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/249039spcred/249039norm249039The latest Research Update from S&Pglobal14 Feb 2009 03:17:19 EST175Research UpdateLithuaniaIndependent Power Producers & Energy TradersEmerging MarketsEurope, Middle East, AfricaGlobal IssuersSovereignsUtilitiesElectricResearch UpdateStandard&Poor's revised its outlook on the ratings on Lithuania-based electricity utility Lietuvos Energija to stable from negative on June 10, 2002. The rating action reflects a successfully completed company restructuring and improved regulatory transparency. At the same time, Standard&Poor's affirmed its double-'B'-plus long-term corporate credit and senior unsecured debt ratings and its 'B' short-term corporate credit ratings on the company. The ratings on Lietuvos Energija reflect the company's position as the monopoly transmission operator in the Republic of Lithuania (local currency BBB+/Stable/A-2, foreign currency BBB/Stable/A-3), improved regulatory clarity (in terms of future electricity transmission tariffs), and the likelihood of continued support from the state, which owns 85.7% of the company. State support is factored into theLTU55105010 551050 5510 55Lietuvos Energija321532EMERGINGEUROMIDAFR11768@LHRESUPDLTU536878Lithuania (Republic of)315433EMERGINGEUROMIDAFR1092Z@LHGLOBISSSOVUTILElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/248988spcred/248988norm248988The latest News from S&Pglobal14 Feb 2009 03:17:19 EST100NewsLithuaniaIndependent Power Producers & Energy TradersEmerging MarketsEurope, Middle East, AfricaGlobal IssuersSovereignsUtilitiesElectricNewsFRANKFURT (Standard&Poor's) June 10, 2002--Standard&Poor's said today it revised its outlook on the ratings on Lithuania-based electricity utility Lietuvos Energija to stable from negative, reflecting a successfully completed company restructuring and improved regulatory transparency. At the same time, Standard&Poor's affirmed its double-'B'-plus long-term corporate credit and senior unsecured debt ratings and its 'B' short-term corporate credit ratings on Lietuvos Energija. By January 2002, Lietuvos Energija had spun-off most of its generation and distribution activities, with the result that the company is now largely a transmission system operator. Concentration in this low-risk business is positive for Lietuvos Energija's credit quality. The restructuring also introduced a transparent regulatory framework and an independent regulator, who has setLTU55105010 551050 5510 55Lietuvos Energija321532EMERGINGEUROMIDAFR11768@LHNEWSLTU536878Lithuania (Republic of)315433EMERGINGEUROMIDAFR1092Z@LHGLOBISSSOVUTILElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/135254spcred/135254norm135254The latest News from S&Pglobal14 Feb 2009 03:16:53 EST100NewsLithuaniaIndependent Power Producers & Energy TradersEmerging MarketsEurope, Middle East, AfricaGlobal IssuersSovereignsUtilitiesElectricNewsLONDON (Standard&Poor's CreditWire) Dec. 17, 1999--Standard&Poor's today affirmed its double-'B'-plus long-term issuer credit and senior unsecured debt ratings, and its 'B' short-term issuer credit rating on Lietuvos Energija, the electric utility in the Republic of Lithuania (local currency triple-'B'-plus/Stable/'A-2'; foreign currency triple-'B'-minus/Stable/'A-3'). The outlook is negative. The affirmation follows the Dec. 16, 1999, decision by the pricing commission to allow Lietuvos Energija an average tariff increase of 18% in 2000. The negative outlook, however, reflects the company's planned restructuring, including a spin off of its stable distribution operations, which is likely to weaken Lietuvos Energija's business position. Furthermore, the incremental revenue gain may be apportioned to the distribution assets, so the remaining businesses of Lietuvos EnergijaLTU55105010 551050 5510 55Lietuvos Energija321532EMERGINGEUROMIDAFR11768@LHNEWSLTU536878Lithuania (Republic of)315433EMERGINGEUROMIDAFR1092Z@LHGLOBISSSOVUTILElectricCredit & Investment ResearchS&P Credit Research