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

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

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 Reconstruction

Ukraine's reconstruction effort addresses damage estimated at at least $588 billion, according to a World Bank assessment. Russia's full-scale invasion has destroyed or damaged millions of residential buildings, thousands of schools and hospitals, and critical infrastructure across multiple oblasts. International donors and financial institutions coordinate recovery programs through mechanisms including the Multi-Agency Donor Coordination Platform.

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