CEO of DTEK, Ukraine's largest private energy investor. Leading energy transition, resilience, and advocating for European energy integration.
Україна
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I am delighted to announce that the US Government, through the U.S. International Development Finance Corporation (@DFCgov ), has approved a landmark loan to finance DTEK's battery storage project in Ukraine – making it the agency’s largest loan to the country’s energy sector.
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Read DTEK’s press release here - dtek.com/en/media-center/new…
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Read the DFC’s press release here - dfc.gov/media/press-releases…
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DTEK is sincerely grateful to the US Government, DFC, its CEO Ben Black , Head of Investments Connor Coleman and the entire team at DFC. We look forward to deepening the partnership together for the benefit of both our countries.
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More importantly, this decision sends a wider signal: that the United States has confidence in Ukraine’s energy future, and that international investors can do business in Ukraine when strong projects are matched with credible partners.
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The DFC Board’s decision has an immediate practical benefit: freeing up capital that DTEK can now invest in other projects that will strengthen Ukraine’s long-term energy security.
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Over the past few days in Kyiv, I have briefed journalists and engaged with the diplomatic community on the readiness of Ukraine’s energy system to face a fifth winter since russia’s full-scale invasion.
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My appreciation also to Deputy Prime Minister for European and Euro-Atlantic Integration @VVChentsov ; Ukrainian Minister of Economy Oleksandr Kravchenko; Head of the State Property Fund of Ukraine @DmytroNatalukha
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and my appreciation also to Chair of the Rada's Committee on EU integration Ivanna Klympush-Tsintsadze @IKlympush
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My thanks to Ukrainian and international media; EU Ambassador to Ukraine Katarina Mathernova @kmathernova , U.S. Chargé d’Affaires, a.i. Paul R. Houston and British Ambassador to Ukraine Sir Neil Crompton.
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2. Air defence is now the critical factor in determining the level of suffering imposed on Ukraine’s people and economy.
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Thank you, Laura Loomer for taking the time to see firsthand @dtek_en critical work to keep the lights on in Ukraine.
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The substation you visited was rebuilt with American help. Now our investments in US-battery technology from @fluenceenergy ; our purchase of substations and turbines from @GEVernova and ships filled with US-liquified natural gas are powering that system.
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