KYIV - Mergers and acquisitions

KYIV, Ukraine and NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- Kyivstar Group Ltd. (NASDAQ:KYIV, KYIVW)), the parent company of JSC Kyivstar ("Kyivstar"), Ukraine's leading digital operator and part of VEON Group (NASDAQ:VEON), today announced it is expanding its energy assets with the acquisition of six solar power plants in the Lviv region. The group of six acquired assets has a total installed capacity of 105 megawatts (MW). The total consideration paid is UAH 3.6 billion (USD 80.8 million). The solar assets being acquired generated approximately 113 GWh of electricity, while delivering approximately UAH 682 million of revenue and UAH 596 million of EBITDA in 20251. This acquisition mar

 Dubai, Kyiv and New York, May 26, 2026 – VEON Ltd. (NASDAQ:VEON), a global digital operator, today announced that Kyivstar Group Ltd. (NASDAQ:KYIV, KYIVW)) ("Kyivstar") has completed the acquisition of six solar power plants in the Lviv region of Ukraine, with a combined installed capacity of 105 megawatts (MW), for a total consideration of USD 80.8 million (UAH 3.6 billion). The solar assets being acquired generated approximately 113 GWh of electricity, while delivering approximately UAH 682 million of revenue and UAH 596 million of EBITDA in FY 2025, based on unaudited management accounts. This acquisition expands Kyivstar's renewable energy generation portfolio nearly ninefold and refle