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News  ›  GlobeNewswire Inc.

VEON’s Kyivstar Invests in Renewable Energy in Ukraine with Acquisition in Solar Power Company

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Veon Ltd.
VEON’s Kyivstar Invests in Renewable Energy in Ukraine with Acquisition in Solar Power Company

Kyivstar, Ukraine's leading digital operator, has acquired a 12.9 MW solar generation facility to improve energy resilience, reduce energy cost volatility, and support its operational stability.

Insights
MSpO   neutral

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


KYIV   positive

The company is strategically investing in renewable energy infrastructure, diversifying its energy sources, and contributing to Ukraine's energy resilience while potentially reducing operational costs