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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

Ukraine war latest: Russian general eliminated in occupied part of Donetsk Oblast, military says

Key developments on Sept. 16: * 'In his nighttime lair' — Russian general eliminated in occupied Donetsk Oblast, military says * Partisans claim sabotage at Russian plant producing missile components * 40% of Ukrainians ready to relocate if conditions deteriorate 'significantly' this winter, poll reveals * Russia plans new prison complex in occupied Kherson Oblast among wider prison expansion * Ukraine approves more than 80 companies for private air defense * Ukraine hits Russian bomber i

About Ukraine

The Kyiv Independent delivers reliable news, context, and on-the-ground reporting from Ukraine. The largest country located entirely in Europe, Ukrainian territory covers 603,628 square kilometers (233,062 square miles), and is bordered by seven countries, namely Russia, Belarus, Poland, Slovakia, Hungary, Romania, and Moldova. Ukraine traces its history back to the medieval state of Kyivan Rus.

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