The US Government and the European Commission are donating €106.6 million ($112 million) in equipment and building materials to DTEK, providing vital support to an energy system shattered by ongoing russian missile and drone attacks – the latest on 17th November.
DTEK CEO Maxim Timchenko on his X account:
"Today we have announced €107 million in support from the European Commission and United States Government. We are deeply grateful for their unwavering support, and the leadership of the Ministry of Energy in delivering this vital aid. No country in modern times has faced such an onslaught against its energy system, but with the help of our partners, we continue to stand strong against russia’s energy terror. This support is an acknowledgment of DTEK systemically important role in keeping Ukraine powered and our rapid efforts to restore thousands of megawatts of electricity."
The international media captures the story of DTEK’s #FightForLight, reporting from a severely damaged power plant in 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.