Ukrainian energy group DTEK will continue investing in the country's power sector despite the full-scale war, repeated Russian attacks, and severe infrastructure destruction.
Chief executive Maxim Timchenko announced the policy at the Kyiv International Economic Forum in the Ukrainian capital, explaining that the decision represents a principled position held by company owner Rinat Akhmetov.
Timchenko said the company is pleased to see powerful investment entering the sector at present. He described the funding as a direct signal to DTEK employees, the citizens of Ukraine, and the wider world that this remains their country, stressing that DTEK intends to remain an investment leader despite wartime uncertainty, operational challenges, and destroyed generation capacity.
DTEK is the largest private energy producer in Ukraine, managing traditional power stations, electricity distribution networks, and clean energy assets. Its owner, Akhmetov, is a prominent industrialist and the wealthiest person in Ukraine, heading the System Capital Management investment group. The Kyiv International Economic Forum is one of Ukraine's primary annual business conferences, gathering domestic executives, international financiers, and policymakers.
International funding and renewable generation
Cooperation with international financial institutions and private investors plays a vital role in attracting foreign capital into Ukraine, Timchenko said. He stated that the trust of international partners enables Ukrainian businesses to execute large-scale projects even under wartime conditions. He highlighted a co-investment decision by the US International Development Finance Corporation, an American government agency known as the DFC, as an essential signal for Ukrainian commerce. That decision proves Ukrainian firms remain financially solvent and can rely on external partner support, he added.
The DTEK chief also noted that the company is pressing ahead with fresh energy initiatives. These include developing wind generation and adopting modern electricity production technologies designed to replace coal-fired generation in the coming years.
Timchenko underlined that the development of energy infrastructure is a fundamental prerequisite for Ukraine's broader economic growth. Delivering massive investment schemes requires active private sector involvement alongside sustainable, long-term partnerships with international financial institutions, he said. The chief executive had earlier appealed directly to international financiers to put their capital into Ukraine's energy sector.
