Business news from Ukraine

Mykolaivoblenergo installed new transformer for 40 thousand consumers

As part of the restoration of power grids in the territories de-occupied in 2022, PJSC Mykolaivoblenergo installed a new power transformer in one of the region’s communities, which will provide reliable power supply for more than 40 thousand residents.

“The restoration of the power grids almost destroyed by the enemy in the territories of Mykolaiv region that were de-occupied last fall continues. Recently, Mykolayivoblenergo installed a 25 MVA power transformer in one of the region’s communities,” the company said in a press release on Thursday.

According to the company’s acting CEO Vadym Danylkiv, the previous transformer was damaged by massive shelling in the first days of Russia’s full-scale invasion of Ukraine.

According to him, the restoration of the region’s power grids is ongoing, with another power transformer expected to be delivered from a Western partner country in the near future.

The equipment, weighing 76 tons, was provided by the United States Agency for International Development (USAID) through the Energy Security Project (ESP).

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MYKOLAIVOBLENERGO TO BUILD POWER DISTRIBUTION SUBSTATION

Mykolaiv-based Svitlolux-Elektromontazh LLC by the end of 2019 is going to build a power distribution substation 35 kV to connect it to a solar power plant Solar South 1 with a capacity of 19.2 MW (Vitovsky district of Mykolaiv region) on the territory of JSC Mykolaivoblenergo.
According to ProZorro, the parties signed a respective agreement worth UAH 2.4 million on August 8.
According to the Single Register of Legal Entities and Individual Entrepreneurs, Solar South1 belongs to Solar Generation company, which owned by France Bonté.

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MYKOLAIVOBLENERGO MODERNIZES POWER GRIDS TO CONNECT 10 MW SOLAR POWER PLANT OF NICK SOLAR

JSC Mykolaivoblenergo has concluded an agreement with Mykolaiv-based Svitlolux-Elektromontazh LLC on modernization of the substation Maryivka 150/35/10 kV (Bashtansky district, Mykolaiv region) to connect it to a solar power plant of Nick Solar LLC with a capacity of 10 MW.
According to ProZorro, the agreement worth UAH 4.9 million (including VAT) was signed on June 20, 2019.
According to the Single Register of Legal Entities and Individual Entrepreneurs, Nick Solar belongs to Cyprus-based Nicken Holdings LTD, which was owned by founders of investment company ICU Makar Paseniuk and Kostiantyn Stetsenko until 2019.
According to the law firm Sayenko Kharenko, which was a legal counselor of the U.S. VR Capital Group during the purchase of a 50% stake in Nicken Holdings LTD from ICU, Nicken Holdings owns 11 Ukrainian engineering companies which are constructing 11 solar power plants in Mykolaiv region with a total capacity of 127 MW.
VR Capital jointly with ICU built a 64 MW solar power plant near Kamianets-Podilsky (Khmelnytsky region). They are also finishing a 35 MW solar power plant project in Kherson region.
VR Capital Group President Richard Deitz through Cyprus-based Wiltan Enterprises Limited owns also Sunvin 12 and Sunvin 14 LLCs which in 2019 put into operation solar power plants with the capacities of 15.6 MW and 13 MW in Kirovohrad region.

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