Core Insights - Kyivstar has made a strategic investment in the alternative energy sector by acquiring 100% of SUNVIN 11 LLC, which owns a solar power plant with a capacity of 12.947 MW for UAH 347.57 million (approximately USD 8.24 million) [1][2] Group 1: Investment Details - The acquisition of the solar power plant marks a new strategic direction for Kyivstar, focusing on developing its own energy-generating capacities [3] - The electricity produced will be supplied to Ukraine's unified energy system, allowing Kyivstar to hedge against fluctuations in electricity prices [4] - The solar plant is expected to generate electricity equivalent to about 4% of Kyivstar's annual consumption [4] Group 2: Strategic Implications - This investment is aimed at enhancing operational and financial stability while contributing to the development of renewable energy in Ukraine [2] - Kyivstar plans to explore additional acquisition opportunities in the alternative energy sector to diversify energy sources and mitigate operational risks [3] - The transaction reinforces Kyivstar's position as a major private investor in the Ukrainian economy and a technological leader committed to innovation for a sustainable future [5]