About us

S Power: Energy of the future

S Power is a strategic investment project to build a powerful wind farm in the center of Ukraine. We are building a modern 151.2 MW power plant to provide the Cherkasy region with its own energy and fix the region's energy shortage.

By using high-efficiency technologies and equipment from top global manufacturers, this project will become one of the largest sources of renewable energy in the country. S Power is about more than just gigawatts; it is a real boost for the economy through large infrastructure investments and new jobs.

We plan to reach full capacity by 2028. At the same time, S Power is just the beginning: our technical solutions already allow for the future production and transport of "green" hydrogen.

 

total <br />capacity
151 MW
total
capacity
annual production
450 GWh
annual production
households covered
200 k +
households covered
annual CO₂ reduction
1100 k tons
annual CO₂ reduction
Project Phases

The project is planned in three phases

Site preparation works will start in 2026, and full commissioning is expected in the second half of 2028. We designed the project to allow for step-by-step commissioning and connecting each of the 34 turbines individually. This makes the project adaptable and allows us to start generating power without waiting for all construction phases to finish.

Phase I

49,5 MW

Construction permit – 2026

Site preparation – 2026

Ordering equipment – 2026

Wind farm construction – 2027

Equipment installation – 2027

Commissioning – 2027

Phase II

54,0 MW

Construction permit – 2027

Site preparation – 2027

Ordering equipment – 2027

Wind farm construction – 2028

Equipment installation – 2028

Commissioning – 2028

Phase III

49,5 MW

Construction permit – 2027

Site preparation – 2027

Ordering equipment – 2027

Wind farm construction – 2028

Equipment installation – 2028

Commissioning – 2028

Concept
Designing
Preparation
Construction
Operation
Location

Strategic Center of Ukraine

The Cherkasy region was chosen as the perfect site because it combines natural resources and strong infrastructure

Cherkasy

High wind potential:

Equipment efficiency level of 31-42% depending on the turbine locations.

Fixing the energy shortage:

Large industrial companies in the region are available for potential off-take of the generated electricity.

Ready infrastructure:

The agreement includes connection to the 330/110/10 kV "Polyana" substation

Logistical accessibility:

Direct transport links to Black Sea ports, as well as border crossings with Moldova, Romania, and Poland.

Developer & Investor

EFI Group – Industrial Investment Company

EFI Group is an industrial investment company founded in 2007. It has years of experience developing systemic investment projects across various sectors of the economy. The company has built 6 greenfield plants over the past 8 years. Through its projects, the company improves business standards, production principles for goods and services, and enhances Ukraine's investment attractiveness globally.

EFI Group Investment Sectors: healthcare & medtech, paper industry, food industry, agricultural supply, energy, and glass industry. 

EFI Group Projects Include: BEEHIVE, Zhytomyr Cardboard Factory, FEEDNOVA, SEM Ecopack, NovaSklo, Doc.ua, and the joint medical networks "Medichna Zirka" and "Miy Likar".

 

 

Our team

EFI Group Team

EFI Group provides end-to-end support for investment projects: from the initial idea and design to construction and commissioning.

Olga Batova
17+ years of experience managing state-owned and international industrial assets, specializing in launching large-scale production facilities from scratch.

Olga Batova

Chief Executive Officer
Samvel Ramazyan
20+ years of experience in investment management and strategic planning, ensuring financial efficiency and sustainable growth for large-scale infrastructure projects.

Samvel Ramazyan

Chief Business Development Officer
Natalia Khalilova
25+ years of experience in law and strategic management, providing full legal support and resilience for large-scale investment projects at all stages of implementation.

Natalia Khalilova

Regulatory & Land Development Advisor

S Power Team

The S Power team has deep hands-on experience in wind energy, with a portfolio of 400+ MW of commissioned capacity.

Yuriy Zhabskiy

Yuriy Zhabskiy

Strategic Project Manager
Mykola Trefylov

Mykola Trefylov

Project Manager, Permits
Olexandr Molybog

Olexandr Molybog

Electrical nets
Viktor Byliy

Viktor Byliy

Equipment
News

Project Status & Key Updates

Annual fauna monitoring cycle completed.
  • 20 September 2025

Annual fauna monitoring cycle completed.

As part of the Environmental Impact Assessment (EIA) procedure, year-long monitoring cycles for birds and bats were successfully conducted.

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Grid connection technical specifications (TU) obtained for the Polyana substation for 151.2 MW
  • 7 August 2025

Grid connection technical specifications (TU) obtained for the Polyana substation for 151.2 MW

The agreement provides for a phased project roll-out and includes limits on the total installed capacity.

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Annual wind measurement campaign launched
  • 1 November 2024

Annual wind measurement campaign launched

To evaluate wind potential and calculate the projected efficiency of wind turbines, measurement equipment was installed.

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Land lease agreements finalized for Phase 1 of the project.
  • 23 September 2024

Land lease agreements finalized for Phase 1 of the project.

Following the development and approval of the project's urban planning documentation, as well as the successful land rezoning process...

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Concept approved for a 151.2 MW wind farm in the Cherkasy region.
  • 30 May 2023

Concept approved for a 151.2 MW wind farm in the Cherkasy region.

Highly qualified wind power construction and management experts were involved in developing the concept.

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