Kyivstar, Ukraine’s largest mobile operator, has completed the acquisition of six solar power plants in the Lviv region for Hr.3.6 billion ($80.8 million), the company wrote on May 26, closing a deal that Ukraine’s Antimonopoly Committee (AMCU) approved in March 2026.
With the new energy asset, Kyivstar can secure a third of its uninterrupted power supply amid Russia’s systematic strikes on Ukraine’s energy grid.
The acquired assets – Enerhopostach-Plus, Lightful, Sunlight Generation, Ternovytsya Solar, Energy Space, and Ternovytsya Solar Plus – carry a combined installed capacity of 105 MW. Together with Kyivstar’s first solar plant, the 13 MW Sanvin 11 facility acquired in December 2025, the company’s total green generation portfolio now stands at 118 MW, equivalent to roughly 30% of its current annual electricity consumption.
“Renewable energy is one of the key areas of Kyivstar’s investment portfolio, as it opens opportunities to use green electricity to cover part of the company’s energy needs,” the press release quotes Oleksandr Komarov, president of Kyivstar. “The development of our own generation is an important part of our long-term vision aimed at building safe and technologically efficient infrastructure.”
The solar acquisition is part of a far broader push by Kyivstar to reinvent itself as a diversified digital and infrastructure company. On that path, Kyivstar has assembled a portfolio that now spans healthcare through full ownership of the Tabletki.ua pharmacy marketplace and the Helsi medical platform; transportation, via a 97% stake in taxi and delivery service Uklon, as well as digital television through Kyivstar TV and its specialized IT arm, Kyivstar.Tech.
Kyivstar Group Ltd lists on the Nasdaq Stock Market under tickers KYIV and KYIVW, having debuted in August 2025 as the first Ukrainian company on a US exchange. As of March 2026, the operator served approximately 22 million mobile and more than 1.2 million fixed-line subscribers.