Kyivstar invests in renewable energy by acquiring 100% of LLC 'SANVIN 11', a solar power plant in Ukraine, aiming to enhance energy independence and reduce operational risks.
Target Information
Kyivstar, a leading electronic communications operator in Ukraine, is part of Kyivstar Group Ltd, the first Ukrainian company to be listed on Nasdaq in the USA. As of September 30, 2025, the company served approximately 22.5 million mobile subscribers and over 1.2 million fixed-line customers. Kyivstar operates a diverse range of services, including mobile and fixed technologies, such as 4G, Big Data, cloud solutions, cybersecurity services, and digital television.
The company has recently announced its acquisition of 100% of the corporate rights of LLC 'SANVIN 11,' which owns an operational solar power plant with a capacity of 12.947 MW in Ukraine. This solar plant is expected to generate energy equivalent to approximately 4% of Kyivstar's annual electricity consumption.
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Industry Overview in Ukraine
Ukraine's energy sector is undergoing a significant transition, particularly in renewable energy sources as the nation seeks to reduce its reliance on fossil fuels and enhance energy independe
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Київстар
invested in
ТОВ «САНВІН 11»
in 2025
in a Other Corporate deal
Disclosed details
Transaction Size: $9M