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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.
Our businesses generate electricity at wind, solar and thermal power plants, 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.
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POLITICO: Ukraine gets wind in its sails
02 February 2025, Ukraine
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DTEK’s plans to quadruple the size of its Tyligulska wind farm in Ukraine has featured in POLITICO’s Global Playbook newsletter. Announced at the annual meeting of the World Economic Forum at Davos, the project involves an investment of €450 million, backed by Denmark’s state-owned export and investment fund, and will see DTEK partner with global leader in sustainable energy solutions Vestas. When completed, it will be Eastern Europe’s largest wind farm, per DTEK.
DTEK CEO Maxim Timchenko said the project should only be the beginning for similar Western private sector-fuelled investments. “For us it was extremely important to continue our actions in Ukraine, to continue building and continue realizing this project, and bringing this as an example to other companies and investors to come to Ukraine,” he told POLITICO.
Read the POLITICO Global Playbook.
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.
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