US-led energy platform

Building the dispatchable energy Ukraine needs to rebuild, and to power what comes next.

PowerUkraine develops and consolidates power generation across Ukraine. Active today, through the war, positioned for the recovery to come.

01The Opportunity

A structural energy gap, and the policy to close it.

Ukraine's dispatchable generating capacity has fallen from 26.2 GW before the war to roughly 10.8 GW today. National planning identifies a reconstruction need of 17.7 GW by 2032, including 1.4 GW of new gas-fired combined heat and power required by 2030.

The revenue framework is now in place. A 2026 government resolution established a euro-indexed peak-hour capacity premium, giving dispatchable assets a multi-year contracted revenue floor. At the same time, the European Union's phaseout of Russian gas is repricing Ukraine's 31 billion cubic meters of underground storage into a strategic European reserve, and domestic gas production is set to recover toward pre-war levels.

A further demand layer is forming above all of this. AI and sovereign-cloud growth, new fiber routes, and Black Sea subsea capacity are creating data-center demand adjacent to the same sites where new generation is being built.

26.2 → 10.8 GW
Dispatchable capacity, pre-war to today
17.7 GW
Reconstruction need by 2032
1.4 GW
New gas-fired CHP required by 2030
31 bcm
Gas storage, now a European strategic reserve
02The Platform Model

A platform, not a single project.

PowerUkraine is a development platform. PowerKyiv, its US-domiciled development company, originates and structures projects, brings them to financial close, and builds them through specialized partners rather than a large internal organization.

The strategy is consolidation. Ukraine's distributed generation market is fragmented, with no entrenched incumbent. PowerUkraine assembles and standardizes assets across that market, removes duplicated cost, and builds the scale that institutional capital requires.

Value is created in stages. Projects are developed to the point of value inflection and stakes are sold down: to private equity sponsors now, and to infrastructure and pension capital as Ukraine moves toward peacetime. The build-lease-transfer structure used on the flagship asset is the template.

Phase 1 · 2026–2028
Anchor
Seed generation and pipeline anchoring.
Phase 2 · 2028–2031
Scale
Scale across the pipeline and harden the asset base.
Phase 3 · 2031 onward
Digital core
Generation supporting large-scale computing demand.
03What We Build

Dispatchable first, built for an integrated grid.

Dispatchable gas-to-power

Combined heat and power and distributed gas-engine generation. The capacity Ukraine can dispatch on demand, and the foundation of a stable grid.

Battery storage

Grid-scale storage for stability, and for the renewable integration the European market will require.

Renewables enablement

Generation and storage positioned to support Ukraine's integration with the European grid.

Self-supplied digital infrastructure

As the platform scales, its generation base creates the option to supply large-scale data-center demand. Optionality, not the core of the case today.

04Flagship Projects

Active today, through the war.

PowerUkraine is already in development on anchor assets, with signed counterparty agreements and reserved equipment. Together with the wider pipeline, the platform controls or has optioned approximately 3.8 GW across a west-to-east arc of Ukraine.

580 MW

CHP-7, Kyiv

Type
Combined heat and power
Counterparties
Kyivteploenergo, Kyiv City Council
Structure
Build-lease-transfer
Status
Land and lease arrangement signed; in development

The platform's anchor and the template for its model: a long-term municipal lease, a sovereign-relevant off-taker, and a structure designed for international project finance.

500 MW

Naftogaz portfolio: Zhovti Vody & Kremenchuk

Zhovti Vody
220 MW, three donated Siemens SGT-800 turbines
Kremenchuk
280 MW
Framework
Memorandum of understanding with Naftogaz
Status
In development under the Naftogaz framework

The Naftogaz partnership extends across multiple cities and is the keystone of the wider portfolio.

See all projects and pipeline
05Partners & Counterparties

Built with credible counterparties.

PowerUkraine develops through established partners rather than a large internal team, from sovereign counterparties to tier-one equipment makers and international project finance.

Naftogaz
Keystone partnership, multi-city portfolio
Kyivteploenergo
Municipal counterparty and lessee
Ukrenergo
National grid operator
Siemens Energy
Gas turbines
Caterpillar / MWM & Bergen
Gas-engine generation
ECC
Lead engineering, procurement & construction
DFC
Political risk insurance
Argentem Creek Partners
Development-stage investor
06Why Now

Timing and scarcity.

The case rests on convergence. A market with explicit policy support and a contracted revenue floor. A fragmented competitor landscape with no entrenched incumbent. A constrained equipment supply chain in which PowerUkraine already holds reserved turbine and engine allocations. A keystone partnership with sovereign-backed Naftogaz. And a data-center demand layer that is only beginning to be priced in.

Being active during the war, with signed agreements and reserved equipment, is the position that becomes difficult to replicate once the recovery is visible to everyone.

07Leadership

US and Ukrainian leadership.

PowerUkraine is led by US and Ukrainian founders with experience across energy, infrastructure development, and data centers, building toward institutional governance and public-company readiness.

Placeholder content

Lorem Ipsum

Co-Founder & Chief Executive

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Lorem Ipsum

Co-Founder & Development

Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem Ipsum

Co-Founder & Capital Markets

Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

Lorem Ipsum

Co-Founder & Ukraine Operations

Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Detailed investor materials are available on request.