Concorde Capital acted as financial advisor to the sellers in the sale of solar power plants to Kyivstar

Kyiv, June 1, 2026 – Concorde Capital acted as financial advisor to the sellers, the Greenville and NEST groups, in a transaction with Kyivstar for the sale of six solar power plants in the Lviv region.

The acquired solar power plants have a combined installed capacity of 105 MW. The transaction value amounted to UAH 3.6 billion, or USD 80.8 million.

The acquisition marks another step in the development of Kyivstar’s own power generation capacity. The company began building its energy portfolio in December 2025, when it acquired its first solar power plant, Sunwin 11, with a capacity of 13 MW. With the new assets, Kyivstar’s total green generation capacity has increased to 118 MW, enabling the company to generate electricity equivalent to approximately 30% of its current annual consumption.

Concorde Capital’s cooperation with Greenville and NEST began before the full-scale war. At that time, the war prevented the parties from completing a transaction with a strategic investor.

The Concorde Capital team identified demand in the domestic market for high-quality energy projects and supported the process through to successful completion.

“We congratulate Greenville and NEST on completing this transaction. We were pleased to support them throughout this process. This transaction confirms that high-quality energy assets remain attractive to strategic investors even amid the full-scale war. We wish Kyivstar every success in developing its energy business,” said Igor Sotnyk, Director of Investment Banking at Concorde Capital.