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US makes major wartime bet on Ukraine’s largest private energy company with 85 million euro investment
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US makes major wartime bet on Ukraine’s largest private energy company with 85 million euro investment

by Dominic Culverwell

Ukraine’s biggest private energy firm, DTEK, has secured an 85 million euro ($97 million) loan from the U.S. International Development Finance Corporation for a critical battery storage project, marking the DFC’s largest wartime transaction, DTEK announced on Sept. 16. With Russia continuing to target Ukraine’s energy facilities, particularly power plants, ensuring a reliable energy supply has become a major concern in Ukraine. During the war, Ukraine has increasingly searched for investors to

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The situation in Russian-occupied Oleshky was dire. Now it's 'hell'

Residents in Russian-occupied Oleshky in Kherson Oblast face an escalating humanitarian crisis, as constant Russian drone attacks and artillery shelling have made it impossible to deliver essential food and medicine supplies or evacuate civilians by road. "These people need to be saved," Dmytro Lubinets, Ukraine's human rights ombudsman, said on Sept. 16, adding that residents are desperate to escape "from this hell." "People are driven to despair and are simply walking along mined roads (to e

The aerial view of Oleshky, a Russian-occupied town in Kherson Oblast, Ukraine in a photo published on Sept.16, 2026.

Ukraine war latest: Russian missile, drone attack on Kyiv injures at least 20

Key developments on Sept. 16: * At least 20 injured, including children, in Kyiv following Russian missile, drone attack * Ukrainian collaborator involved in Russia's sham 'referendums' killed in Ukrainian drone strike, Russian media claims * Ukraine strikes 2 S-400 launchers in Russia's Bryansk Oblast, General Staff claims * Russian drone attack on Tanzania-flagged vessel kills captain, injures 3 crew members, Ukraine says * Russian forces strike major Ukrainian steel plant for 4th time i

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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