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Canadian TIU finishes construction of solar power plant in Nikopol

Canadian TIU finishes construction of solar power plant in Nikopol

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233 Private equity and M&A

Canadian TIU finishes construction of solar power plant in Nikopol

  • The investment amounted to EUR 10.5mln

TIU Canada Ltd. finished EUR 10.5 mln construction of solar power plant in Nikopol, Ukraine. The projected capacity of the plant stands at 10.5mln MWt. The National Regulatory Commission for Energy and Utilities of Ukraine has already fixed green tariff for the solar power plant.

Earlier in spring 2017, Canadian TIU voiced its plans to build four solar power plants in Ukraine: three in Mykolaiv and one in Kherson region of Southern Ukraine.

TIU is a pioneering renewable energy company and the first investment by Canada under the Free Trade Agreement with Ukraine. The owner of TIU Canada Ltd is Refraction Asset Management (RAM), Calgary, Canada.    

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