Kazakh Utility Systems (KUS) is a vertically integrated energy company operating across three key segments:

•Power and heat generation

•Electricity transmission and distribution

•Heat and electricity sales

KUS has an installed electrical capacity of 1,075 MW and a total thermal capacity of 2,771 Gcal/h.

The company operates a power transmission network spanning over 36,000 km.

KUS is the largest private energy company in Kazakhstan, with operations in the Karaganda, Mangistau, Turkestan, and East Kazakhstan regions.

Approximately 35% of Kazakhstan’s population lives within KUS’s service area.

The company holds a Fitch rating of BB- (Stable) and maintains transparent business valuation practices through international audits (Deloitte), as well as continuous implementation of global management standards such as Kaizen.

KUS has consistently demonstrated strong financial performance, delivering $160M EBITDA in 2024.