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News  ›  GlobeNewswire Inc.

Investing in Ukraine’s Energy Resilience: Kyivstar to Acquire Solar Power Company

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Oleksandr Komarov
Investing in Ukraine’s Energy Resilience: Kyivstar to Acquire Solar Power Company

Kyivstar acquired a 12.947 MW solar power plant for UAH 347.57 million, marking its strategic entry into renewable energy and aiming to diversify energy sources and reduce operational risks.

Insights
MSpL   neutral

Standard financial transaction of acquiring minority stake without indicating positive or negative strategic implications


KYIV   positive

The company is proactively investing in alternative energy, enhancing operational stability, and reducing energy supply risks through strategic acquisition