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Eastern Europe Monitoring Ukraine

US company interested in privatizing the Kherson Thermal Power Plant

Green Energy Sustainable Solutions, a US company, is interested in privatizing the Kherson Thermal Power Plant, the press service of the State Energy Efficiency Agency said after the company’s CEO Shawn Lee met with Agency head Sergey Savchuk and the company’s CEO Shawn Lee.

In Ukraine, Green Energy has an office on Kyiv’s Volodymyrska Street and invests biogas and solar power. The state agency said of Green Energy’s plans for the Kherson plant: “The new station will operate on biomass. Its capacity will be 50MW of electricity and 50MW of thermal energy. The estimated volume of investments is EUR 300 million.”

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