OKKO is investing more than $120 million in the development of a new-format gas station network: what will change for drivers
4 July 07:29
OKKO Group has announced a large-scale program to modernize its gas stations. By 2029, the company plans to invest more than $120 million in opening new 3.0 -format gas stations and upgrading existing facilities. This was announced by OKKO Group CEO Vasyl Danylyak, according to "Komersant Ukrainian"
OKKO is modernizing about 20% of its network
According to the company’s CEO, the network has already modernized more than 200 gas stations since the fall of 2022.
The next phase includes:
- the opening of 20 new 3.0-format gas stations;
- the renovation of another 60 existing stations;
- the modernization of approximately 20% of the entire network.
The first next-generation gas station has already opened in Irpin. The second facility, following its renovation, is now operating in Hatne, and the next major project will be the construction of a flagship highway gas station in Zvyagel.
How much does it cost to build new gas stations?
According to the company’s estimates:
- the construction of the complex in Irpin cost approximately $3 million;
- new highway complexes will cost $4–5 million each;
- the renovation of existing gas stations costs about $2 million per facility.
What will the Gas Station 3.0 format look like?
The new format for gas stations involves not only selling fuel but also expanding services for customers.
The main focus is on:
- digitization and automation of service;
- modern food service;
- energy independence of facilities;
- developing infrastructure for electric vehicles;
- improving the customer experience.
The company aims to transform gas stations into multifunctional service centers for drivers and passengers.
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OKKO is expanding its use of solar energy
A separate area of development will be the network’s energy self-sufficiency.
By the end of 2026, solar power plants will be operating at more than 300 OKKO gas stations. Their total installed capacity will exceed 6 MW.
This approach is intended to increase the network’s energy independence and ensure the stable operation of facilities even in the event of power outages.
Together with the EBRD, the company will develop charging stations
In addition to modernizing its gas stations, OKKO is working to expand its charging infrastructure network for electric vehicles.
The company, in partnership with the European Bank for Reconstruction and Development, is preparing a $10 million financing program to develop a network of fast-charging stations.
The company notes that investments in digital services, alternative energy, and electric vehicle infrastructure are set to become one of the key areas of network development in the coming years.
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