AcquisitionsMay 26, 2026, 11:32 AM
Kyivstar Acquires Six Solar Power Plants for $80.8M
AI Summary
Kyivstar Group Ltd. announced the acquisition of six solar power plants in Ukraine's Lviv region for UAH 3.6 billion ($80.8 million). These assets have a total installed capacity of 105 MW and generated 113 GWh of electricity in 2025, contributing UAH 682 million in revenue and UAH 596 million in EBITDA. This acquisition increases Kyivstar's green energy generation to 118 MW, allowing it to produce approximately 30% of its annual electricity consumption and enhance operational efficiency by hedging electricity costs.
Key Highlights
- Kyivstar acquired six solar power plants in the Lviv region.
- Total installed capacity of the acquired assets is 105 megawatts (MW).
- Total consideration paid was UAH 3.6 billion ($80.8 million).
- The acquired solar assets generated 113 GWh of electricity in 2025.
- These assets delivered UAH 682 million in revenue and UAH 596 million in EBITDA in 2025.
- Kyivstar's green energy generation increased to 118 MW after the acquisition.
- This enables Kyivstar to produce electricity equivalent to approximately 30% of its annual consumption.
Price Impact
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