AcquisitionsMay 26, 2026, 05:22 PM
Kyivstar Acquires Six Solar Plants for $80.8M, Adding 105 MW Capacity
AI Summary
Kyivstar Group Ltd. announced the acquisition of six solar power plants in Ukraine's Lviv region for USD 80.8 million (UAH 3.6 billion). These plants have a combined installed capacity of 105 megawatts, increasing Kyivstar's total green energy generation to 118 MW, equivalent to approximately 30% of its annual consumption. This strategic move aims to diversify energy sources, hedge electricity costs, and support Ukraine's renewable energy sector, aligning with the company's long-term vision for sustainable infrastructure. The acquisition is expected to be accretive from day one.
Key Highlights
- Acquired six solar power plants in Ukraine's Lviv region.
- Total installed capacity of the acquired plants is 105 megawatts.
- Purchase price was USD 80.8 million (UAH 3.6 billion).
- Total green energy generation increased to 118 MW, covering ~30% of annual consumption.
- Acquired assets generated UAH 682 million revenue and UAH 596 million EBITDA in 2025.
- The acquisition is expected to be accretive from day one.
Price Impact
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