April highlights: a quick roundup of DTEK’s key news.
- DTEK named Ukraine’s largest private wartime investor
Business publication NV named DTEK Ukraine’s largest private investor since the start of the full-scale war. The company accounts for 22% of all investments made by Ukraine’s 150 largest companies since 2022.
Since 2022, DTEK has invested €2.4 billion in Ukraine’s economy, despite more than 220 russian attacks on its thermal power plants and significant damage to grid infrastructure.
- Poltavska windfarm gains international media attention
DTEK’s planned €1.2 billion, 650 MW Poltavska wind farm has been featured by Recharge and POWER Magazine. Set to become one of Europe’s largest onshore wind projects, it reflects Ukraine’s continued ability to build, invest and attract international attention during wartime.
As DTEK CEO Maxim Timchenko said, Poltavska sends a clear signal that Ukraine remains open for investment and long-term partnership.
- Geoffrey Pyatt appointed Chairman of DTEK Advisory Council
DTEK has appointed Geoffrey Pyatt, former US Ambassador to Ukraine, as Chairman of its Advisory Council.
In this role, he will help guide the Council’s work, with a focus on strengthening US-Ukraine business relations, energy security ties and DTEK’s positioning ahead of Ukraine’s future EU membership.
The appointment was announced at a recent Advisory Council meeting in London, where members discussed the geopolitical, economic and energy challenges facing Ukraine and Europe.
- DTEK and Baker Hughes to cooperate on gas production
DTEK Oil&Gas has signed a Memorandum of Understanding with Baker Hughes to support higher gas production in Ukraine and strengthen the country’s energy security.
The partnership combines Baker Hughes’ technology and global experience with DTEK’s capabilities in Ukraine’s oil and gas sector.