The company DTEK Renewables Finance B.V., which is part of the DTEK Group, conducted successful negotiations with investors and they agreed to extend payments on green Eurobonds for 3 years - from November 2024 to November 2027.
Despite the extremely difficult situation in the energy sector and currency restrictions, the company has taken all possible actions to service the debt under Eurobonds to support the investment climate in Ukraine and preserve the confidence of investors during all this time.
"We are grateful to our partners. This is another proof of the high confidence of international investors in the DTEK Group, which always fulfills its obligations. DTEK, with the support of its partners, continues the implementation of projects aimed at strengthening Ukraine's energy security," said CEO DTEK Maxim Timchenko.
Bondholders also supported the construction project of the II stage of DTEK Tyligulska wind power plant for 384 MW, taking into account its critical importance for maintaining the energy industry of Ukraine in conditions of electricity shortage and the need for large volumes of new distributed power generation capacities.
In 2019, DTEK Group was the first among Ukrainian companies to issue green Eurobonds in the amount of EUR 325 million with a fixed maturity of 5 years.
