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

30 January 2024,

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

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.”

About DTEK

DTEK Group is the largest private investor in the energy sector of Ukraine. The Group employs 55,000 people.

DTEK Group's companies are engaged in coal and natural gas mining, electricity production at wind, solar and thermal power plants, trade energy resources in the Ukrainian and international markets, distribute and supply electricity to consumers, provide energy-efficient services to customers, and develop a network of high-speed charging stations. In accordance with the Strategy 2030, DTEK strives to transform into a more energy-efficient, environmentally friendly and technological business, guided by ESG principles. DTEK is a member of the World Economic Forum’s Partnering Against Corruption Initiative (PACI). Our goal is to achieve carbon neutrality.

Since the beginning of the full-scale invasion, DTEK Group has restored power supply to more than nine million consumers in the regions affected by the hostilities. DTEK Group is 100% owned by SCM Limited. The ultimate beneficiary is Rinat Akhmetov.