Empowering Ukraine's Energy Future
Who we are
Bighorn Basin Energy Development Company LLC is a newly established U.S. private equity fund with a focus on investing in energy projects within Ukraine. The fund’s mission is to help Ukraine unlock its energy potential while generating a lasting, positive investment impact in the region.
Why We Invest
Due to the disruption in Ukraine’s energy sector caused by Russia’s war, there is an urgent need for additional electricity supply and a more decentralized power generation system. Prior to the invasion, Ukraine had approximately 55 gigawatts (GW) of power generation capacity, but it is estimated that over half of this has been destroyed or is under occupation. As a result, the remaining capacity is insufficient to meet the country’s electricity demands.
Our Strategy
Based in Wyoming (USA), Bighorn Basin Energy leverages American technology and expertise to implement a unique investment strategy aimed at delivering returns that exceed market expectations while strengthening Ukraine’s energy resilience.
Our projects
892 MW in CHP and Solar: Scaling Ukraine's Energy with 100+ New Units
Installation over 100 combined heat and power (CHP) cogeneration units and solar power plants (SPP) with a total capacity of 892 MW across various regions in Ukraine. The generated electricity will be sold at market prices through the Ukrainian Energy Exchange. Currently, 3.5 MW of solar and 4 MW of CHP capacity are operational, with plans to add 67 MW of CHP by the end of 2024 and 49 MW of solar by mid-2025.
Distributing these plants across multiple regions helps reduce the risk of localized disruptions and improves grid distribution logistics.
Joint Venture to Power 100 Plants in Ukraine with U.S. Backing
The launch of a Joint Venture dedicated to supplying power equipment for 100 power generation plants in Ukraine. This initiative aims to attract investment, including support from U.S. government financial institutions, with a goal to significantly expand manufacturing capacity over the next three years.
Our Board Members
Our company takes pride in its Board Members, boasting over 20 years of combined expertise in the energy sector and private equity investments across Ukraine. The Company’s Board Members brings over 20 years of expertise in financing, constructing, and operating a wide range of power generation projects.
Nick is the founder of Bighorn Basin Energy Development Company and the principal of SP Group of Companies. He also founded the Ukraine Future Business Council (UFBC), where he actively advocates in Washington, D.C., for ongoing support of the Ukrainian people during the war, the promotion of the rule of law in Ukraine, and the infusion of American capital and expertise to aid in the country’s rebuilding efforts.
Since 2004, Nick has been deeply engaged in the investment banking and private equity sectors in both Ukraine and Georgia.
An American politician, diplomat, and businessman who served as the 70th Secretary of State of the United States, Director of the Central Intelligence Agency, and was elected to four terms in Congress representing the Fourth District of Kansas. Mike graduated first in his class from the United States Military Academy at West Point in 1986. He served as a cavalry officer in the U.S. Army, leading troops patrolling the Iron Curtain.
Mike left the military in 1991 and then graduated from Harvard Law School, having served as an editor of the Harvard Law Review. Up next was almost a decade leading two manufacturing businesses in South Central Kansas – first in the aerospace industry and then making energy drilling and production equipment.
Oleh Bakhmatyuk is an Ukrainian entrepreneur and the founder of Ukrlandfarming, one of Ukraine’s largest agricultural holdings, and Avangardco, a leading European egg producer. Beyond agribusiness, Bakhmatyuk has diversified interests across finance, transportation, food production, and real estate. Dedicated to social impact, he established a charitable foundation in his name to support various community initiatives. Earlier in his career, Bakhmatyuk held executive roles as Director of Prykarpatska Finance Company, President of Stanislavska Trading Company, and Deputy Chairman of the Board at NJSC Naftogaz Ukraine.
Ihor Petrashko is an Ukrainian economist and business leader with a strong background in finance and industrial management. Prior to his role as Ukraine’s Minister of Economic Development, Trade, and Agriculture from 2020 to 2021, Petrashko held prominent positions in the private sector, including executive roles at Ukrlandfarming, one of Ukraine’s largest agricultural companies, as well as investment banking and with the international consulting firm Ernst & Young.
With a focus on economic policy, trade, and business development, Petrashko has been instrumental in advancing reforms aimed at strengthening Ukraine’s economy. His expertise combines strategic economic insight with hands-on experience in navigating complex markets and fostering sustainable growth.
