Company TIU (Canada) plans to invest EUR94 million in the construction of five solar power plants in Ukraine, reported its press service.

In the autumn of this year the company expects to complete construction of the first plant – with a capacity of 10.5 MW and a cost of EUR 14 mln on the territory of “Nikopol factory of ferroalloys” (NZF). In the spring of 2018 TIU will begin construction of four facilities – three in the Nikolaev area and one in Kherson.

As reported, the TIU is owned by a canadian investment company Refraction Asset Management (RAM ).

Read the news also on the website Energoinform