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VEON’s Kyivstar Expands Renewable Energy Portfolio with Acquisition of Six Solar Power Plants

$VEONPress releaseMay 26, 2026, 11:30 AM ETRead the release

VEON’s subsidiary Kyivstar completed the acquisition of six solar power plants in Ukraine’s Lviv region for $80.8 million, adding 105 MW of installed capacity. The acquired assets generated UAH 682 million in revenue and UAH 596 million in EBITDA in FY 2025, expanding Kyivstar’s total solar portfolio to 118 MW.

Key figures

Deal Value Usd
80800000
Fy2025 ebitda uah
596000000
Fy2025 revenue uah
682000000
Annual generation gwh
113
Consumption hedge pct
30
Installed capacity mw
105
Total portfolio capacity mw
118

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