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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 Russia

The Kyiv Independent’s coverage of news on Russia. Spanning eleven time zones across Eastern Europe and Asia, Russia has an estimated population of 146 million people. Russia’s capital city is Moscow, which is home to almost one in 10 Russians. Russia’s official currency is the Russian Ruble.

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