The company OKKO is investing 500 million euros in the construction of solar and wind power plants

The company OKKO, founded by Lviv businessman Vitaliy Antonov, plans to invest up to 500 million euros in renewable energy projects in western and central regions of Ukraine over the next two to three years, according to a report by ZAXID.NET citing the company’s statement.

“We are not only engaged in the sale of petroleum products through our filling station network, but also in the sale of fertilizers, agricultural products, natural gas, electricity, and more. We are expanding the scope of our activities, and becoming interested in electricity generation is a logical decision for us. We see the potential for energy development in Ukraine, world trends in renewable energy, and have made a strategic decision to implement and develop such projects,” OKKO said.

The company did not specify the locations where the projects will be implemented, but noted that the Lviv region, located in the west of the country, is a potential location.