DTEK Renewables represents a fully integrated corporate platform with development, construction, M&A, financing, operations and asset management

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Established in 2008, DTEK Renewables is a wholly owned subsidiary of DTEK B.V, which performs the company’s development strategy and the construction and operation of renewable energy generation projects. It is operated as a managerial, financially and legally independent business entity from other DTEK Group companies.

DTEK Renewables is one of the largest Ukrainian producers of green energy with the longest operating track record of utility scale wind and solar power plant operation. Having invested more than EUR 1 bn in wind and solar projects, the company’s installed capacity and workforce amounts to 950 MW and 216 employees, respectively.

In November 2019, DTEK Renewables has successfully issued green bonds totaling EUR 325mln (8.50%, 5-year maturity) to finance clean power projects. It is the first Ukrainian company to issue specialized securities to fund renewable energy development.

This placement was a landmark debut for the company, the region and the sector. It allowed DTEK Renewables to become a pioneer in the Ukrainian renewable market, set up its first EUR benchmark, further diversify its debt portfolio and secure financing for its existing pipeline of high-quality renewable projects from the global capital markets.

disclosure call

Friday, May 29, 2020   

15:00 GMT   

16:00 CEST   

17:00 EEST (Ukrainian time)

EUR 1.2 bn
Investments in the
Ukrainian Renewables
1 GW
Wind and solar
capacities installed
1.4 TWh
Green electricity
generated in 2019
1.5 mln tones
CO2 emissions
reduced in 2019
Key Perfomance results
CapacitiesMW
GenerationkWh
Investments by
project
€ 340 mln

Botievska WPP, 200 MW 

€ 10 mln

Tryfanivska SPP, 10 MW

€ 216 mln

Nikopolska SPP, 200 MW

€ 321 mln

Prymorska WPP, 200 MW

€ 193 mln

Pokrovska SPP, 240 MW

€ 131 mln

Orlivska WPP, 100 MW 

Why invest
in DTEK Renewables
1
Leading market
position

Having invested EUR 1.2 bn in wind and solar projects, DTEK Renewables portfolio includes 950 MW of constructed projects in green power facilities already in operation.

A significant share of all national solar and wind capacity installed by the end of 2019 is owned by DTEK Renewables, that placed it among the leaders of the RES sector in Ukraine.

2
Integrated platform with
proven operating &
development track record

Full-cycle in-house operating and development teams capable of bringing projects from concept to commissioning and further operation.

Full-cycle in-house operating and development teams capable of bringing projects from concept to commissioning and further operation.

Successful track record of 950 MW greenfield development in Ukraine.

3
Strong corporate
governance and
management team

The Group benefits from a strong corporate governance framework, including the Supervisory Board, the Management Board and the Audit Committee.

The company is led by  the senior management team with extensive international experience and proven track record of constructing, developing and operating renewable energy assets.

4
High-quality project
portfolio

Stringent quality and project management assures reliable operation and performance of equipment over the projected life cycle.

All projects are of utility-scale and located in the areas with top-quartile wind resource or solar irradiation.

Operating equipment supplied and installed by market leaders: Vestas, GE, Risen, Trina Solar, Seraphim Solar, Siemens, ABB, K-Star.

Market-standard full-wrap O&M contracts, availability guarantees (for wind) and performance guarantees (for solar).

5
Strategic energy priorities
of the country:

The Ukrainian government aims to have at least 25 TWh (12.8% of total electricity generated in Ukraine) generated by wind and solar energy sources by 2035 from 5.5 TWh (3.6%) in 2019.

29 May 2020

investor
presentation

The operation of DTEK Renewables′
wind and solar facilities will contribute
to increasing Ukraine’s energy independence, as well as improving the environmental balance of the country.

2019

Production &
financial reports

DTEK Renewables is one of the leading producers of electricity generated from wind and solar sources in Ukraine. In 2019, 1.4 bn kWh of electricity was supplied to the Ukrainian National Power Network.

IFRS Consolidated Financial Statement Independent Auditor’s Report
CREDIT RATINGS

Euro-denominated Green Bond and
DTEK Renewables as a long-term issuer

Date

S&P Global Ratings

Fitch Ratings
08.11.2019

"B-"
(Outlook stable)

"B"
(Outlook stable)
17.04.2020

Affirmed

contacts

Danil Babkov

IR Manager
DTEK

Tel: +380952805998

E-mail: ir@dtek.com

BabkovDS@dtek.com

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