Business news from Ukraine

CANADA’S TIU TO INVEST EUR94 MLN IN BUILDING FIVE SOLAR PLANTS IN UKRAINE

26 September , 2017  

KYIV. Sept 26 (Interfax-Ukraine) – TIU (Canada) plans to invest EUR94 million in the construction of five solar power plants in Ukraine, the company’s press service has reported.
The company plans in autumn this year to complete the construction of the first station worth EUR14 million with a capacity of 10.5 MW in the territory of Nikopol Ferroalloys Plant. In spring 2018 TIU will begin the construction of four more facilities – three in Mykolaiv region and one in Kherson region.
As reported, TIU is owned by the Canadian investment company Refraction Asset Management (RAM).