Business
US makes major wartime bet on Ukraine’s largest private energy company with $85 million investment
Ukraine’s biggest private energy firm, DTEK, has secured an $85 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 bolster its grid b
