What Eco Optima does

Eco-Optima Group is a privately held Ukrainian renewable energy developer and operator headquartered in Lviv, Western Ukraine, founded in 2005 by Zinoviy Kozytskyi. The group develops, finances, constructs, and operates utility-scale wind farms, photovoltaic solar power plants, small hydroelectric facilities, and is positioning itself in emerging green hydrogen and small modular reactor (SMR) technologies. According to company materials, Eco-Optima is the largest renewable energy group in Western Ukraine and was the first private Ukrainian company to receive European Bank for Reconstruction and Development (EBRD) financing for wind power.

The group's operating portfolio includes the 54.6 MW Skolivska Wind Farm (10 turbines, commissioned December 2023, generating approximately 5% of Lviv region total electricity consumption) and over 40 MW of distributed solar capacity across Lviv region, with an additional 39.9 MW Sokal Wind Farm and approximately 1 MW Sokal small hydropower plant under construction in 2025. Engineering capabilities include adjustable-tilt photovoltaic mounting structures (deployed at the Korchyn-1 solar plant, completed August 2023) and the ability to install wind turbines at 100+ meter hub heights in mountainous terrain using specialized 600-ton lifting cranes. Project execution is carried out through wholly-owned subsidiaries, including Oriv Windpark LLC, Energopark Yavoriv LLC, Energoinvest LLC, Firma Liga LTD LLC, and Sambir Solar Station LLC, with technology sourced from Nordex Group (wind turbines) and Mavel (hydro turbines), and construction from Solar Stalkonstruktsiya.

The business model is B2B wholesale electricity generation, with output sold to the Ukrainian power grid under feed-in tariff and market-price mechanisms; the grid is therefore the single offtaker for the company's generation. Project financing is sourced from international financial institutions (EBRD, NEFCO), Ukrainian state banks (Ukreximbank, Oschadbank), and strategic co-investors such as Czech company MND, with cumulative identified project funding exceeding EUR 100 million across the wind, solar, and hydro pipeline. The company continues active operations under wartime conditions in Ukraine, and is positioning in international hydrogen (H2EU+Store, with RAG Austria AG, Bayerngas, bayernets, and Open Grid Europe) and SMR (Fermi Energia, Estonia) initiatives as forward-looking growth vectors, complemented by a cooperation agreement with Polish Grupa Unimot signed in October 2025.

Name

Eco Optima

Legal name

ТОВ «Еко-Оптіма» (Eco Optima LLC)

Website

https://ecooptima.com.ua

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Eco-Optima Group is a private Ukrainian renewable energy developer headquartered in Lviv that builds and operates utility-scale wind, solar, and small hydroelectric plants, selling electricity to the Ukrainian power grid under feed-in tariff mechanisms.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Hydroelectric Power Generation (221111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Onshore Wind Power Generation (Utility-Scale) (EUACAFAA)

akta.pro secondary industries

Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Resilience & Backup Power Solutions (Critical Facilities, Islanding) (EUAMAJAK)

Keywords

• Wind power generation
• Solar power generation
• Small hydropower plants
• Renewable energy development
• Green electricity sales

Headquarters

HQ city

Lviv

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D

Revenue model

1. Electricity Generation and Sales: Eco-Optima generates electricity from wind, solar, and hydroelectric power plants and sells it to the Ukrainian power grid. Revenue comes from electricity sales under feed-in tariffs and market pricing mechanisms.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Eco Optima develops, builds, and operates renewable energy generation facilities — including wind farms, solar photovoltaic power plants, and small hydroelectric plants — in Western Ukraine. The company generates electricity from these assets and sells it to the Ukrainian power grid under feed-in tariffs and market mechanisms. It also develops strategic initiatives in green hydrogen (H2EU+Store) and small modular nuclear reactors.

Product overview

Eco Optima is a renewable energy development company operating as part of ZAKHIDNADRASERVIS.GROUP. The company operates a portfolio of power generation assets and develops new projects in solar energy, wind energy, small hydro, green hydrogen, and small modular nuclear reactors. Core products include operational wind farms (Skolivska WES at 54.6 MW), solar power plants in Lviv region, and the Sokal HPP under construction. Strategic initiatives include the H2EU+Store green hydrogen corridor project and SMR deployment partnership with Fermi Energia.

Differentiator

Problem solved

Functional benefit

Products and services

• Skolivska Wind Farm (Сколівська ВЕС) Operational wind farm with 10 wind turbines totaling 54.6 MW capacity in the Truskavets territorial community, Lviv Region. Generates approximately 5% of total Lviv region electricity consumption and was built with approximately EUR 70 million total investment (co-investor MND, lender Ukreximbank). Sells electricity to the Ukrainian power grid.
• Sokal Wind Farm (Сокальська ВЕС) Wind farm under construction in Sokal region with planned capacity of 39.9-40 MW, expected to generate approximately 122 million kWh of electricity per year. Partnership with Nordex Group for 7 turbine supply and installation; financing from JSC Oschadbank.
• Sokal Hydroelectric Power Plant (Сокальська ГЕС) Small hydropower plant under construction on the Western Bug River with installed capacity of 999-1078 kW, expected to generate an average of 6.5 million kWh per year. Uses a Kaplan vertical turbine manufactured by Czech company Mavel.
• Korchyn-1 Solar Power Plant (СЕС Корчин-1) Solar power plant completed in August 2023 in Lviv region featuring photovoltaic modules mounted on metal structures with adjustable tilt angle to maximize seasonal energy generation.
• Portfolio of Solar Power Plants in Lviv region (Yavorivska SES, Rava-Ruska-1 SES, and others) Portfolio of solar power plants in Lviv region totaling approximately 5 MW capacity, including Yavorivska SES and Rava-Ruska-1 SES. Built via TOV Energoinvest, part of the group, which constructed 7 solar stations over two years.
• H2EU+Store Green Hydrogen Project International project for green hydrogen production using solar and wind energy generated by Eco-Optima in Ukraine, with hydrogen to be stored in Austria and Germany. Partnership includes RAG Austria AG, Bayerngas GmbH, bayernets GmbH, and Open Grid Europe GmbH.
• Small Modular Reactor (SMR) Deployment Initiative Initiative to deploy small modular nuclear reactors in Western Ukraine, developed in partnership with Estonian company Fermi Energia, with potential applications including district heating and technical mutual assistance.

Quantifiable outcome

• 5% of Lviv region's total electricity consumption generated by Skolivska Wind Farm (54.6 MW)
• +3 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered minor, strategic and core.

• Grupa Unimot (Poland)minorGTM or Marketing Partner · 20 October 2025Cooperation agreement signed at Kyiv International Economic Forum to explore international financing opportunities, investment projects in Ukraine, export prospects to Polish market, and business partnerships for Ukraine's reconstruction.
• RAG Austria AGstrategicStrategic or Co-development Partner · 31 March 2025Memorandum of Understanding signed at Ukrainian-Austrian Economic Forum for green hydrogen production as part of H2EU+Store project. Eco-Optima responsible for renewable electricity generation for hydrogen production.
• Mavel (Czech Republic)coreTechnology or Integration · 5 March 2025Czech manufacturer of Kaplan vertical turbine (1078 kW nominal power) for Sokal Hydroelectric Power Plant on the Western Bug River.
• Nordex Group (Germany)coreTechnology or Integration · 1 January 2025German partner for manufacturing, supply, installation and maintenance of 7 wind turbines for Sokal Wind Farm construction (40 MW planned capacity).
• Fermi Energia (Estonia)strategicTechnology or Integration · 29 November 2022Memorandum signed for studying possibilities of placing small modular reactors (SMR) in Ukraine. Eco-Optima joined Teploelektroproekt (TEP) in 2022 to support nuclear energy development initiatives.
• H2EU+Store International PartnershipstrategicStrategic or Co-development Partner · 5 May 2021Eco-Optima participates in the H2EU+Store project alongside Bayerngas GmbH, bayernets GmbH, Open Grid Europe GmbH, and RAG Austria AG for green hydrogen production in Ukraine and storage in Central Europe.
• Енергопарк Яворів (Energopark Yavoriv)coreTechnology or Integration · 20 September 2018Subsidiary company within Eco-Optima Group developing the Yavoriv Solar Power Plant project. First phase of 36 MW capacity financed with EUR 24.7 million EBRD credit.
• Solar Stalkonstruktsiya LLC (Солар Стальконструкція)coreTechnology or Integration · 1 January 2015Since 2015, Eco-Optima is one of the main customers of Solar Stalkonstruktsiya for solar power plant construction. Over 40 MW of projects implemented together; Eco-Optima is a leader in solar sector regionally and nationally.

Scale indicators9 records

Recent moves13 records

Expansion highlights7 records

Emerging players

• Fermi Energia: Estonian nuclear energy company developing SMR deployment plans in the Baltic region; MOU partner with Eco-Optima for Ukraine SMR exploration. Comparable as an emerging SMR developer with shared interest in deploying modular nuclear capacity in Eastern Europe.

Broad incumbents

• Enel Green Power: Global IPP with diversified renewable portfolio across Europe, the Americas, and Africa. Provides comparable scale, project finance access, and technology diversification (including emerging hydrogen initiatives) relevant to Eco-Optima's strategic options.
• Iberdrola Renovables: Global renewables leader with multi-GW onshore wind portfolio. Provides scale benchmark for utility-scale wind asset operations, project finance structuring, and feed-in tariff to corporate PPA transition dynamics relevant to Eco-Optima's long-term positioning.
• RWE Renewables: European utility-scale renewable developer with significant wind and solar operations. Comparable as a diversified incumbent with offshore wind expertise relevant to Eco-Optima's SMR and hydrogen diversification strategy, and as a benchmark for institutional renewable asset valuations.
• CEZ Group: Czech state-controlled integrated utility with significant renewable generation across Central Europe. Strategic counterparty of Eco-Optima via Czech co-investor MND and adjacent market geography; broader incumbent portfolio including nuclear, hydro, and gas provides a comparison for utility-scale renewables operations.

Others

• RAG Austria AG: Austrian energy company and H2EU+Store consortium partner; signs of strategic cooperation on green hydrogen production with Eco-Optima. Comparable as a European offtake and storage partner for Ukrainian renewable hydrogen and as an adjacent infrastructure provider.
• Nordex Group: German wind turbine OEM and a core technology supplier to Eco-Optima (7 turbines for Sokal Wind Farm). Included as a key equipment partner and supply-chain comparable rather than a direct competitor; relevant for understanding turbine pricing trends and delivery risk in Eco-Optima's pipeline.

Direct peers

• UDP Renewables: Ukrainian renewable energy developer (part of UFuture / Vasyl Khmelnytsky) operating multiple solar and wind projects. Direct peer with similar geographic focus on Ukraine, comparable scale, and similar reliance on Ukrainian feed-in tariffs and international project finance.
• Scatec ASA: Norwegian-listed renewable energy developer with active operations in Ukraine (multiple solar plants) and across emerging markets. Highly comparable as an emerging-market-focused wind/solar IPP pursuing similar offtake structures and EBRD/IFC financing relationships.
• DTEK Renewables: Largest private renewable energy operator in Ukraine, part of DTEK Group (Rinat Akhmetov). Operates wind and solar assets in Ukraine including Botievo and Primorsk wind farms; directly comparable as a Ukrainian utility-scale renewable developer competing for the same feed-in tariff offtake and EBRD financing pool.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ECOOPTlMA

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eco Optima