Kinstellar Advises Kyivstar on the Acquisition of Six Solar Power Plants in Ukraine

Ukraine’s largest telecom operator, Kyivstar, has expanded its renewable energy portfolio with the acquisition of six solar power plants in the Lviv region, totalling 105 megawatts of capacity, in a transaction valued at UAH 3.6 billion. Kinstellar’s Kyiv team provided turnkey representation — spanning due diligence, regulatory support, financial restructuring across multiple secured facilities, and six merger control approvals from the Antimonopoly Committee of Ukraine. Combined with a previous acquisition also advised by Kinstellar, Kyivstar’s total solar capacity now reaches 118 megawatts, enough to cover roughly 30% of the company’s electricity needs.