US DFC Approves 85 Million Euro Loan for DTEK
The US International Development Finance Corporation approved an 85 million euro loan to Ukraine energy company DTEK. The funding will expand battery storage projects and strengthen critical infrastructure amidst ongoing conflict.
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The United States International Development Finance Corporation approved an €85 million ($97.5 million) loan to Ukraine's largest private energy company, DTEK, to expand battery storage on Wednesday evening. It marks the DFC's largest financing for the country's energy sector since the start of the war with Russia in 2022. The capital will fund grid resilience projects following years of persistent missile and artillery attacks.
