It is operated by Ukrhydroenego, a subsidiary of the state-owned Energy Company of Ukraine.

Planning for the power plant's facilities was conducted by UkrHydroProject, a department of the Ukrainian State Research and Project Institute.

The plant's turbines and generators were produced by the Kharkiv branches of Turboatom and Elektrovazhmash, respectively.

[1] Renovation of the Kaniv Hydroelectric Power Plant started in 1997.

The second stage was financed by the Ukrainian government, supplemented by a US$106 million investment by the World Bank, completing in 2017.