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French Total took control of 6 Ukrainian solar power plants

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The French company, the shareholder of which is the fourth largest oil and gas company in the world in terms of production, gained control over the total capacity of Ukrainian solar power plants of 103.5 MW.

French Total took control of 6 Ukrainian solar power plants

The French company Total Eren SA received permission to acquire a controlling stake in the authorized capital of the operating companies of six solar power plants in western Ukraine - Energy Space, Ternovitsa Solar Plus, Sunlight Generation, Ternovitsa Solar, Energopostach -Plus "and" Lightful ". The corresponding decision was made by the Antimonopoly Committee of Ukraine on July 1.

Lviv company "Energy Space" operates solar power plants of 5.94 MW and 5.797 MW; Ternovitsa Solar - 13 MW and 15.5 MW; Ternovitsa Solar Plus - 12.8 MW and 15.3 MW; Sunlight Generation - 5.94 MW and 5.797 MW; Energopostach-Plus - 5.94 MW and 5.797 MW and Lightful - 5.94 MW and 5.797 MW.

Total Eren is a specialized subsidiary of the EREN Groupe, an independent electricity producer that develops, finances, invests, builds and operates renewable energy plants (solar, wind, hydropower) around the world.

Since December 2017, TotalEnergies, a French oil and gas company, the fourth largest producer in the world after Royal Dutch Shell, British Petroleum and ExxonMobil, has been a shareholder in Total Eren. In Ukraine, the company is currently building wind power capacity of 247.5 MW.

According to analysts, the share of foreign investors in the installed capacity of power plants operating on renewable energy sources in Ukraine will amount to more than 30% by the summer of 2020, and the size of foreign investments in the sector will reach 2.5 billion euros.

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