Vita Solar Receives Prestigious Recommendation from European Bank for Reconstruction and Development

Kyiv, Ukraine, September 10, 2021 — On September 9, TIU Canada’s Vita Solar power plant received a recommendation letter from the European Bank for Reconstruction and Development (EBRD). This commendation underscores Vita Solar’s status as a client in good standing and strongly recommends the company to other financial institutions and business partners.

„We are thrilled to receive this recommendation from the EBRD,” said Michael Yurkovich, CEO of TIU Canada. „This serves as a testament to the hard work and dedication of our team in maintaining the highest standards of operation and financial conduct. It also reinforces our position as a reliable and trustworthy partner in the global renewable energy sector.”

TIU Canada has been at the forefront of the solar energy industry, contributing significantly to the shift towards sustainable and green energy solutions. The company’s Vita Solar powerplant, recognized, provides clean energy to approximately 500,000, and the renewable energy it produces is equivalent to reducing 13,000 tonnes of CO2 per annum.

TIU Canada is a leading Canadian-based solar energy producer that has been working in Ukraine since 2016. TIU Canada has invested more than $65 million in Ukrainian solar energy and was the first investor in Ukraine under the Canadian-Ukrainian Free Trade Agreement (CUFTA).

Recommendation for Vita Solar