Investment Overview
SUTYSKY
ENERGY PARK
Integrated energy complex: solar generation, industrial battery storage, digital infrastructure.
The site is located near an operating substation with 9 MW of available capacity. Grid connection at 35 kV (voltage class 1). Technical conditions for connection are being obtained (timeline: 1–2 months).
By connecting at 35 kV, our project qualifies for voltage class 1 with a distribution tariff of just UAH 488/MWh. For comparison: most market participants connected at voltage class 2 pay UAH 2,747/MWh (NEURC Resolution No. 2011). A 5.6× difference — a direct advantage in operating costs.
11.5566 ha designated under land code 14.01 — for construction and operation of energy generation facilities. The plot is divided into 6 parcels (4.0 + 5 × 1.5 ha), each registered to a separate LLC — simplifying investor entry: each investor acquires a ready-made entity with its own land lease.
A single set of technical conditions covers the entire complex. Grid connection and shared infrastructure are built on one parcel and distributed to the others. Investors gain grid access without a separate connection procedure.
Vinnytsia Region — central-western Ukraine. Far from the front line. Access to logistics, contractors, and equipment.
Available substation capacity is rare in Ukraine — this eliminates the main barrier: physical grid access.
Total area
11.5566 ha
Land designation
КВЦПЗ 14.01
For energy generation facilities
LEGEND
6 plots → 6 LLCs
Each registered to a separate entity to facilitate investment
Single grid connection permit
Infrastructure from one plot, distributed to the rest
For SES & BESS
Ideal for energy assets
Flat terrain
Optimal layout for construction
Road access
To every plot
Code 14.01
Energy generation
Within settlement
Vinnytsia Region
6 blocks of 990 kW each. Annual generation approximately 7,100 MWh. Ukraine has an auction-based support scheme for industrial solar, but it is not functional in practice — the plant sells electricity on the Day-Ahead Market (DAM) at market price. Primary function: low-cost electricity for BESS charging and powering a future data center.
Lithium iron phosphate (LFP) batteries. The principle is straightforward: buy electricity from the grid at night for UAH 2,200/MWh, sell at the evening peak for UAH 11,500/MWh. After round-trip efficiency losses (RTE 88%), the net spread is UAH 7,600–9,000 per MWh. 518 such cycles per year.
Solar generation charges batteries during the day; BESS discharges at the evening peak. A dual advantage: the SES reduces charging cost, while the BESS converts solar generation into higher-value evening electricity.
Once SES and BESS are operational, the site supports data center development powered by on-site generation. Electricity is a data center's largest cost — on-site generation provides a pricing advantage.
Data center and vertical farming represent site optionality and are not included in the Phase 1 financial model.
✓ Grid connection fees
✓ Equipment insurance
✓ NEURC storage license
✓ Balancing group services and imbalance charges
✓ Registration on DAM, IDM, ASKUE
✓ Distribution and Ukrenergo transmission tariffs
✓ Commercial meters and inverters
✓ Gradual price spread compression (down to 60% of initial)
Balancing group: the project will operate within a strategic partner's balancing group. Imbalances among group participants offset each other — deviation penalties are significantly lower than for a standalone market participant.
| Parameter | Base case | DAM actuals |
|---|---|---|
| Charge price, UAH/MWh | 2 200 | 2 609 |
| Discharge price, UAH/MWh | 11 500 | 10 567 |
| Net spread (after losses), UAH/MWh | 9 000 | 7 602 |
| Charge-discharge cycles per year | 518 | 577 |
| Round-trip efficiency (RTE) | 88% | 88% |
| Annual capacity degradation | 2,0% | 2,0% |
| Discount rate | 18% | 18% |
| Spread compression from year 7 | 0,60 | 0,60 |
The model incorporates gradual spread compression: 100% → 90% → 78% → 70% → 65% → 62% → 60% (years 7 through 10). As new BESS capacity enters the market, margins decline. This is the primary risk, and it is fully reflected in cash flow projections.
The model has been stress-tested across five scenarios — from conservative to optimistic, including one based on actual hourly DAM prices. A sensitivity table for returns vs. spread and cycle count is available.
1. Build & Operate
Teta: builds the project, manages trading and O&M.
Investor: provides capital, receives cash flow. Quarterly reporting.
Teta fee: 17% of trading revenue.
Entry: individual, from $500K. SES available separately at lower cost: infrastructure is already built, and on-site generation reduces charging cost.
FULL TETA INVOLVEMENT
2. Turnkey
Teta: delivers the project from grid connection permit to commissioning. Hands over upon completion.
Investor: receives a fully operational asset. Manages independently or hires an operator.
Teta fee: construction cost + developer margin.
Result: investor owns the asset and 100% of revenue.
HANDOVER AFTER CONSTRUCTION
3. Site preparation
Teta: secures grid connection permit, develops the project, builds the grid tie-in.
Investor: receives a ready-to-build site with grid access. Independently procures equipment, installs, and commissions.
Teta fee: site preparation and connection costs.
Result: investor acquires a "plug-and-play site".
MINIMAL TETA INVOLVEMENT
Advocate, practicing law since 2014. Specialization: land law and construction, real estate, energy. Legal advisor to UAAO, expert at EIPU.
Advisor to FC Activitis (non-banking financial services). Managing teams of 100+ people. Agribusiness consulting. Operations, corporate structuring, fundraising.
Project developer. Development of energy and industrial parks. Investment structuring, construction management, DAM trading, technical operations.
teta.in.ua
| Asset | Status |
|---|---|
| Land plot 11.5 ha | Leased |
| Substation | 9 MW available |
| Grid connection permit | In progress |
| Voltage class | 35 kV (class 1) |
| Financial model | 5 scenarios |
| Legal structure | Complete |
| Equipment | Quotes received |
Website teta.in.ua
Email info@teta.in.ua
Phone +38 (093) 550-88-87