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Investors and partners

countries

55,000

employees

years of operation

€12 bn

invested capital

1.2 GW

installed
renewables capacity

16 TWh

electricity
generated in 2023

Overview of DTEK

DTEK Group is the largest private investor in the energy sector of Ukraine, with over €12 billion in invested capital since 2005 and employing 55,000 people.

Our businesses generate electricity at wind, solar and thermal power plants; store, distribute and supply electricity to end consumers; extract natural gas and mine coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.

Since the company’s founding 20 years ago, DTEK has grown into a national energy leader. Today we are transforming into a pan-European clean energy business. We are headquartered in Kyiv, Amsterdam and London.

Our business

From seven businesses in Ukraine and Europe, DTEK operates across the entire energy value chain:

Power generation: We generate electricity through a diverse portfolio of wind, solar, and thermal power assets in Ukraine and the EU. Our renewables energy capacity exceeds 1.2 GW and we have an ambitious pipeline across Ukraine and international markets.

Energy storage: DTEK is investing and developing battery energy storage systems (BESS) in the European Union and in Ukraine as one of the Group’s top investment areas.

Energy distribution and supply: We distribute and supply electricity to millions of consumers, ensuring the best possible service, whatever the circumstances.

Natural gas production: DTEK is Ukraine’s largest private producer of natural gas. As such, we play a critical role in Ukraine’s energy security needs.

Energy trading: We trade across the power, natural gas and LNG markets, providing competitive energy solutions and ensuring market stability across 23 countries.

Innovative energy services: DTEK is leading the way in introducing energy-saving technologies, EV charging networks and smart grids to enhance energy efficiency for businesses and consumers.

An attractive market for investment

Ukraine’s energy sector offers promising long-term returns as the country advances towards a more sustainable and resilient energy system and positions itself to capitalise on significant power export opportunities to the European Union in the coming years.

DTEK is actively working with international partners to enhance investment and strengthen collaboration across its markets to accelerate growth and innovation.

Track record of success

DTEK's sustained success is underpinned by a robust track record of investment, delivery and partnership. Our achievements include:

Sustained investments: Over the past 20 years, DTEK has been Ukraine’s largest private energy investor – investing over €12 billion to date. Today we are backing new projects in areas including wind, battery storage, grids, liquified natural gas (LNG) and cleantech.

International growth: DTEK’s footprint extends beyond Ukraine, with growing renewable operations in Italy, Poland, Romania and Croatia, as well bringing in LNG from the US.

Strong financial position: We have demonstrated financial resilience, consistently meeting our obligations even amid challenging geopolitical and economic headwinds. DTEK was recognised as Ukraine's largest taxpayer in 2024, contributing UAH 41 billion (€878 million) to the national budget, according to a report by Ukrainian media outlet, NV. For more info

Building partnerships: We have built a strong record of successful partnerships on projects with leading manufacturers such as Vestas , GE Vernova and Fluence as well as international investors, industry bodies and local communities – delivering value for all stakeholders involved.

Pioneering technology: We take pride in leading the implementation of advanced technologies such as advanced turbines, grid-forming battery storage, smart grids, and EV charging. Our cleantech team continues to explore opportunities in behind-the-meter and other clean energy sectors.

Governance and transparency

DTEK adheres to the highest standards of corporate governance. Our operations are guided by a commitment to transparency, integrity, and accountability, ensuring that we meet international standards of corporate responsibility and risk management.

We maintain independent Supervisory Boards at Group level and in each of our businesses, and are a member of the World Economic Forum’s Partnership Against Corruption Initiative (PACI).

Commitment to sustainability

DTEK measures its sustainability progress using two key metrics: keeping the lights on in Ukraine and investing in the development of a new energy system. To achieve these goals, our teams are working around the clock to repair thermal power stations and grids damaged or destroyed by russian attacks, and at the same time, investing more in building renewable energy infrastructure and battery storage.

Find out more

In early 2025, DTEK announced the largest private investment in Ukrainian energy since independence: the expansion of its Tyligulska Wind Power Plant to 500 MW. The €450 million project with Vestas is backed by Denmark’s export credit agency – EIFO – and a consortium of international banks. Other DTEK projects include a €140 million initiative with Fluence to strengthen Ukraine’s grid with the deployment of 200 MW in high-tech battery storage.

DTEK’s upcoming Energy Transition Plan will outline a range of initiatives to lower the emissions footprint of our activities.

Find out more

At DTEK, we're not just navigating the energy transition – we're leading it. Our unwavering commitment to innovation, sustainability and growth, even in the face of unprecedented challenges, has positioned us as a key player in shaping Europe's energy future. We've demonstrated remarkable resilience, continuing to invest in Ukraine while expanding our footprint across Europe. Our focus on renewable energy, cutting-edge technologies, and sustainability principles isn't just about adapting to change – it's about driving it.

To our current and potential partners and investors: joining DTEK means being part of a vision that goes beyond business success. It's about contributing to energy security, sustainability, and technological advancement in Ukraine and beyond."

Maxim Timchenko, CEO

DTEK Group

Dutch-registered company established in 2005, with headquarters in Kyiv, Amsterdam and London and operations across Europe

DTEK Renewables International B.V.

Library

DTEK and Fluence start commissioning phase of Ukraine’s largest battery storage portfolio

The deployment of 200 MW of connected power across six locations is now entering the final phase of delivery, which includes commissioning, testing and first discharge of the batteries.

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DTEK and Octopus Energy Group launch RISE initiative to boost energy resilience

DTEK, Ukraine’s largest private energy company, and Octopus Energy Group, the global clean energy tech business, have announced RISE.

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DTEK receives €11 million grant from the French government to build Ukraine’s first digital substation

The project will be delivered using technology from GE Vernova and cost €15 million, funded by the €11 million French government grant and a €4 million investment from DTEK.

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DTEK to invest €450 million to expand Tyligulska windfarm in largest investment since war in Ukraine began

Tyligulska will be Eastern Europe's largest windfarm built in a decade

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DTEK selects Fluence to deliver 200 MW advanced energy storage systems in Ukraine

The project will be the biggest operational energy storage portfolio in Eastern Europe at the time of commissioning.

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Ukraine’s DTEK receives its first shipment of LNG cargo from US

DTEK, Ukraine’s largest private energy company, has today taken delivery of its first cargo of liquefied natural gas (LNG) from the United States, after the LNG shipment docked in Greece.

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DTEK to invest €140 million in energy storage systems to strengthen Ukraine’s energy security

€140 million will be invested in the project, making the company the largest investor in energy storage in Ukraine.

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DTEK's DRI completes acquisition of 133MW Trzebinia battery storage project in Poland

DRI, the EU renewables arm of DTEK, reached an important milestone on Wednesday in its 133 MW battery storage project in Trzebinia, Poland, by acquiring 100% of the shares from Columbus Energy.

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DTEK launches new Advisory Council to guide on transition, governance and a green recovery

DTEK Group has launched a new Advisory Council made up of globally-recognised public and private sector leaders to provide strategic counsel to the CEO and senior management

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