DTEK Lands €85M EBRD Loan to Deploy Battery Storage Across Ukraine

Ukrainian energy company DTEK has secured an €85 million loan from the European Bank for Reconstruction and Development to build battery energy storage systems (BESS) that will help stabilise the country’s war-strained power grid.

The funds will finance storage capacity designed to absorb electricity during off-peak periods and release it when demand surges, boosting grid flexibility at a time when Ukraine’s energy infrastructure faces persistent threats. The project is expected to be a meaningful step toward stronger infrastructure resilience and greater energy autonomy.

EBRD’s decision hinged on DTEK’s track record as a reliable borrower. Yaryna Skorokhod, a DTEK representative for strategic communications and government relations, addressed the agreement at the Total PR Marathon 2026. She noted that international financial institutions look beyond raw financial indicators — they assess a borrower’s capacity to honour commitments, maintain uninterrupted operations, and sustain constructive interaction with government bodies, diplomatic missions, and other stakeholders. The company attributes its standing to concrete results: regular reporting and the rebuilding of damaged power stations.

The transaction carries weight beyond its headline figure. Attracting large-scale targeted financing from a major multilateral lender while a war continues signals that creditors are prepared to back Ukraine’s energy sector. Company officials say the deal opens the door for additional international investment in the country’s long-term energy independence.

Source: borgexpert.com