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Britain’s Sunday Telegraph reports exploratory talks between DTEK and UK’S Octopus Energy

30 January 2024, Ukraine
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Britain’s Sunday Telegraph reports exploratory talks between DTEK and UK’S Octopus Energy
Britain’s Sunday Telegraph reports exploratory talks between DTEK and UK’S Octopus Energy
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Britain’s Telegraph newspaper reported on Sunday that Octopus Energy – the UK’s largest energy provider – had held exploratory talks with DTEK about how the two businesses can work together, after the companies’ two CEOs met at the World Economic Forum in Davos earlier this month.
 
It quoted Octopus CEO Greg Jackson as saying that much could be learnt from the agility and  speed at which Ukraine and DTEK had both upgraded and build new electricity infrastructure “We can learn a lot from them, for example about how they’ve been able to so quickly and so impressively do work – often under fire – that in the UK often takes five to 15 years.” it quoted Jackson as saying.

‘Mr Timchenko said: “We want to learn from this company [Octopus] and we want to bring this innovation to Ukraine.”

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

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

Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.

Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to millions of consumers across regions affected by hostilities.

DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.