The Generation shares surge 15.11% premarket as Ukraine launches thermal plant replacement with European support.

The Generation surged 15.11% in premarket trading following news of Ukraine’s urgent efforts to restore heat and electricity by replacing damaged thermal power plants. Minister of Energy Denys Shmyhal outlined plans to deploy distributed energy solutions, including cogeneration units and modular boiler houses, while securing generators and transformers from European partners like Spain, Finland, and Austria. The government also emphasized collaboration with regional businesses to unlock additional power capacity. These developments signal renewed investment in energy infrastructure, directly benefiting companies involved in power generation or related equipment supply. The stock’s sharp rise aligns with the positive implications of the initiative, which aims to stabilize Ukraine’s energy grid amid ongoing challenges.