Energy assets are valued at the intersection of three forces: engineering (condition and remaining life of equipment), markets (fuel prices, retail competition, tariffs) and regulation (licences, grid connection, renewable support schemes). The Kanzas company provides independent valuation of energy, oil and gas and fuel assets in Ukraine — for owners, lenders, investors and foreign principals. Reports follow the International Valuation Standards (IVS); the team includes RICS- and TEGoVA (REV)-certified valuers.
Pipeline and midstream asset valuation
Pipelines, drilling rigs and derricks, tank farms and oilfield equipment are long-lived, highly specific assets: their valuation rests on the cost approach with a rigorous depreciation analysis benchmarked against imported equivalents, cross-checked with the income the infrastructure actually generates. Our practice includes the valuation of pipelines and oil and gas equipment, drilling rigs and derricks, and rail tank cars used in fuel logistics.
Fuel retail: stations and networks
We have valued petrol and CNG filling stations for lending and sale — both individual sites and networks for merger and acquisition transactions. Station value is driven by traffic, throughput and site margin rather than construction cost, so the income approach leads.
Power generation and renewable energy
The practice covers power transmission lines, a combined heat and power plant valued for the buyout of a state shareholding, and the IFRS revaluation of fixed assets for regional power distribution companies. In renewables, we have valued solar power plant equipment and the underlying land lease rights — including engagements for non-residents of Ukraine investing in Ukrainian generation. A solar project is valued as an investment case: equipment, land rights, grid connection and cash flows.
War damage to energy infrastructure
Damage to energy assets is assessed under Ukraine's national methodology for determining war damage and losses: documented damage, direct losses and, where required, lost profits. The company's war-related reports have passed review by the State Property Fund of Ukraine.
Frequently asked questions
Can you value a solar plant for a foreign investor? Yes — we have done so for non-residents of Ukraine. The report covers equipment, land lease rights, grid connection and project cash flows, in a format a foreign principal and its bank can work with.
Do you assess the technical condition of equipment or networks? No. Condition informs our depreciation analysis, but technical diagnostics and audits belong to specialist engineering firms. We determine value.
How is a filling station network valued for M&A? Site by site through traffic and margin economics, then as a network — brand, logistics and contractual infrastructure included.
How long does an engagement take? A single station — days; a network, pipeline system or generation complex — several weeks, depending on the asset list and documentation.
In energy, valuation errors are measured in millions, and the same report is read by the bank, the investor and the state. Write to us by email or messenger, describe your task, and we will respond with a clear scope, timeline and fee proposal.
