CENTRENERGO JSC

Name

CENTRENERGO JSC

Legal name

Публічне акціонерне товариство «Центренерго»

Website

https://centrenergo.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Thermal Power Generation

NAICS

Fossil Fuel Electric Power Generation (221112), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Thermal Power Plant EPC (Gas/Coal/Oil) (EUAEAAAA)

akta.pro secondary industry

Thermal Power Plant Modernization & Life Extension (Boiler/Turbine/Generator) (EUAEALAA)

Keywords

• Thermal power generation
• Electricity generation services
• District heat supply
• Coal-fired power plants
• Energy generation services

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electricity generation and wholesale sales: Centrenergo generates electricity at its three thermal power plants and sells it through the Ukrainian Energy Exchange (УЕБ), day-ahead market (РДН), and bilateral contracts. The company is a key element of Ukraine's energy system, contributing approximately 1% of the country's electricity needs and playing a significant role in supporting and regulating Ukraine's energy balance.
2. Heat supply: Heat generation and supply for district heating in the satellite cities near the company's thermal power plants (Zmiiv, Trypilska area, Vuhlehirsk). Licensed activity in heat production, transportation, and supply.
3. Maintenance and repair services: State enterprise 'Remenergo' provides repair, technical maintenance, and support of energy equipment for the company's power plants and potentially external clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

CENTRENERGO JSC generates electricity at three pulverized-coal thermal power plants — Zmiivska TES, Trypilska TES, and Vuhlehirska TES — and sells it wholesale into Ukraine's national grid through the Ukrainian Energy Exchange, the day-ahead market, and bilateral contracts. The company also produces, transports, and supplies thermal energy via licensed district heating networks to municipal and residential consumers in the satellite cities near its plants, supported by its wholly-owned maintenance subsidiary DP Remenergo.

Product overview

CENTRENERGO JSC is a state-owned thermal power generation company operating three thermal power stations (Zmiivska TES, Trypilska TES, and Vuhlehirska TES) and a maintenance subsidiary (Remenergo). The company produces electricity for Ukraine's national grid and provides heat energy to surrounding communities. The portfolio comprises core power generation assets producing electricity and heat, supported by equipment repair and maintenance services. The company operates under multiple licenses for electricity production, thermal energy production, transportation, and supply.

Differentiator

Problem solved

Functional benefit

Products and services

• Zmiivska Thermal Power Plant (Зміївська ТЕС) Thermal power station located in Kharkiv Oblast, Ukraine. One of three main generating facilities operated by Centrenergo, supplying electricity to the national grid and providing district heating to nearby communities.
• Trypilska Thermal Power Plant (Трипільська ТЕС) Thermal power station located in Kyiv Oblast, Ukraine. One of three main generating facilities, significantly damaged by Russian missile strikes in April 2024 and subject to ongoing restoration and reconstruction efforts.
• Vuhlehirska Thermal Power Plant (Вуглегірська ТЕС) Thermal power station located in Donetsk Oblast, Ukraine. One of three main generating facilities operated by Centrenergo, serving the energy needs of eastern Ukraine.
• DP Remenergo (ДП «Ременерго») — Maintenance and Repair Services State enterprise subsidiary providing repair, technical maintenance, and support services for power generation equipment across all Centrenergo thermal power stations, based in Cherkasy Oblast.
• Heat Energy Supply (Теплопостачання) Production, transportation via main and local heat networks, and supply of thermal energy. Centrenergo holds licenses for heat energy generation, transportation, and supply to district heating consumers in satellite cities near its three thermal power plants (Zmiiv, Trypillia area, and Vuhlehirsk).

Quantifiable outcome

• Reduced gas consumption to 2% of fuel structure from 12% in 2009, through implementation of a comprehensive gas savings program
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• AT Ukrenergomashyny (Ukrainian Energy Machines)coreStrategic or Co-development Partner · 25 May 2026Centrenergo and AT Ukrenergomashyny are expanding their strategic cooperation. This partnership involves cooperation with the largest state manufacturer of turbines and generators. The collaboration aims at technological modernization and increasing the productivity of Centrenergo's thermal power plants.
• DTEKcoreStrategic or Co-development Partner · 10 July 2021Centrenergo and DTEK agreed on coal supply terms, including an operational contract for the supply of 300,000 tonnes of coal. This partnership helped improve the situation in Ukraine's coal sector and restore operations. DTEK is a major private energy company.
• State Coal Mining Enterprises (ДП Вугілля України)coreStrategic or Co-development PartnerCentrenergo is the sole consumer of coal mined at Ukraine's state-owned mines. The company operates as the exclusive offtake for state-mined coal, providing critical demand for the state coal mining sector. Centrenergo has made significant payments to state mines and fully settled debts with them.
• Ministry of Energy of UkrainecoreStrategic or Co-development PartnerThe Ministry of Energy of Ukraine oversees and coordinates Centrenergo's operations, particularly during wartime. Minister Denys Shmyhal visited Centrenergo facilities in June 2026 and the Ministry coordinates fuel supply for heating seasons.
• USAID / Deloitte & Touche USminorImplementation/ SI/ Consulting PartnerA delegation from USAID and Deloitte & Touche US visited Trypilska TES in 2016 as part of advisory support provided to the State Property Fund of Ukraine for the potential privatization of Centrenergo and six oblenergos.

Scale indicators8 records

Recent moves10 records

Expansion highlights4 records

Broad incumbents

• Ukrhydroenergo: Ukrhydroenergo is Ukraine's state-owned hydropower generator, part of the same state-controlled generation mix as Centrenergo. Comparable as a state-owned Ukrainian power generator serving the national grid, but using hydro rather than coal-fired thermal technology.
• PGE (Polska Grupa Energetyczna): PGE is a Polish state-influenced utility with substantial thermal generation capacity. Comparable to Centrenergo as a Central European state-linked utility with significant coal-fired generation and EU climate-alignment exposure.
• Energoatom: Energoatom is the Ukrainian state-owned nuclear power generation company, the other state-owned generation pillar of Ukraine's energy system. Comparable to Centrenergo as a state-owned generator supplying the national grid, but operating nuclear rather than thermal assets.
• CEZ Group: CEZ is a Czech state-influenced utility with significant thermal generation (lignite, coal) and a diversified generation portfolio. Comparable to Centrenergo as a Central European state-linked thermal power generator with EU regulatory exposure.
• RWE: RWE is a large German utility with conventional thermal generation assets and a significant lignite portfolio. Comparable to Centrenergo as a European utility managing legacy coal-fired generation through energy transition and EU regulation.
• EPH (Energetický a průmyslový holding): EPH is a major Central European thermal power and energy infrastructure holding with coal-fired generation assets across the region. Comparable to Centrenergo as a mid-sized thermal power operator navigating EU environmental and market regulations.
• Uniper: Uniper is a German-based European energy company with significant thermal and gas-fired generation. Comparable to Centrenergo as a European thermal power operator exposed to EU climate regulation and dispatchable generation economics.

Others

• AT Ukrenergomashyny (Ukrainian Energy Machines): Ukrenergomashyny is the largest Ukrainian state manufacturer of turbines and generators and Centrenergo's strategic modernization partner. Comparable as a state-owned Ukrainian energy-machinery player and key supplier for Centrenergo's thermal plant modernization.
• NPC Ukrenergo: NPC Ukrenergo is the Ukrainian transmission system operator, the primary off-taker of Centrenergo's electricity and the entity coordinating dispatch of Centrenergo's 690 MW reserve capacity. Not a competitor but a critical buyer and grid partner.

Direct peers

• DTEK: DTEK is the largest private energy company in Ukraine and the dominant private owner of thermal power plants, directly competing with Centrenergo in wholesale electricity generation and coal-fired generation in Ukraine. DTEK is also Centrenergo's supplier under a 300,000-tonne coal contract.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights8 records

Customer concentration

• Facebookfacebook.com/PATCentrenergo?locale=uk_UA
• LinkedInlinkedin.com/company/pjsc-centrenergo

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 CENTRENERGO JSC