VEON Ltd. announced that its subsidiary, Kyivstar Group Ltd., has successfully acquired six solar power plants in the Lviv region of Ukraine for $80.8 million (UAH 3.6 billion). This acquisition adds 105 megawatts (MW) to Kyivstar's renewable energy portfolio, which now totals 118 MW following its earlier purchase of a 13 MW solar facility in December 2025. The newly acquired plants produced about 113 GWh of electricity and contributed UAH 596 million in EBITDA for FY 2025. By selling 100% of the generated electricity to Ukraine's unified energy system, Kyivstar aims to leverage green energy tariffs, thus enhancing operational efficiency and providing a hedge against rising electricity costs. Kaan Terzioglu, CEO of VEON, emphasized the strategic importance of this investment in Ukraine's infrastructure and energy sector, while Oleksandr Komarov, President of Kyivstar, highlighted the company's commitment to sustainable energy solutions. This acquisition reflects Kyivstar's long-term vision for building a safe and efficient infrastructure in Ukraine.