About the project
The US International Development Finance Corporation (DFC) has approved a landmark loan for DTEK's 200 MW/400 MWh battery energy storage project in central Ukraine – the largest DFC debt transaction in Ukraine's energy sector since russia's full-scale invasion in 2022.
Built in just six months rather than the typical 18-24 months, this €125 million project showcases Ukraine's capacity to execute innovative energy infrastructure amid war, providing the critical foundation for grid resilience through successful international collaboration.
The 400 MWh storage capacity can power the equivalent of 600,000 Ukrainian homes for two hours – equivalent to half of Kyiv's households – whilst providing millisecond response times for frequency stabilisation that conventional power plants cannot match.
The DFC’s decision represents a vote of confidence in our energy sector and demonstrates that Ukraine is a compelling destination for international investors.
As the largest private investor in Ukraine, this approval allows DTEK to deploy further capital into a pipeline of projects that will strengthen our collective energy security in the years ahead. Moreover, it shows that with the right projects and partners, long-term capital can be mobilized at scale to support Ukraine’s recovery. DTEK is grateful to DFC and the US Government for their confidence in DTEK and their continued support for Ukraine’s energy resilience.Maxim Timchenko, DTEK CEO
These are exactly the kinds of investments President Trump empowered DFC to make.
These projects will support billions in American exports, secure critical infrastructure and resources in Ukraine, Jordan, Central Asia, and across Africa, and strengthen U.S. companies competing in some of the most important markets in the world.Ben Black, DFC CEO
Why the US Just Backed Ukraine's Energy Future
Discover why the United States government is backing DTEK's energy infrastructure in Ukraine, and what it signals for the country's future. Watch the story behind a landmark investment, built at record speed with a US technology partner.
