DTEK, Ukraine’s major private energy company, is set to build one of Europe’s large onshore wind farms — the 650 MW Poltavska wind farm — in its latest major investment in the country’s energy security. The total investment is expected to reach €1.2 billion.
Its subsidiary, DTEK Renewables, will install up to 100 wind turbines at Poltavska, located in Poltava, central Ukraine.
Once completed, the flagship project will make a major contribution to strengthening energy security by replacing generation capacity damaged or destroyed during russian attacks, while accelerating Ukraine’s transition to a cleaner, more decentralised power system.
DTEK recognised as Ukraine’s largest private wartime investor, according to NV
The scale of the Poltava investment reflect's DTEK’s broader role as the leading private investor in Ukraine. Last week, business publication NV named DTEK as Ukraine’s largest private investor since the start of the full‑scale war — accounting for 22% of all investments made by the 150 largest companies since 2022.
Despite more than 220 Russian attacks on the company’s thermal power plants and significant damage to power grid infrastructure, DTEK has invested UAH 101.7 billion (€2.4 billion*) in Ukraine’s economy since 2022. This represents around 22% of the total UAH 454.7 billion (€9.7 billion) invested by more than 150 private companies included in the ranking.
DTEK’s annual investment in 2025 almost doubled to UAH 45.4 billion (€964 million), compared with UAH 23 billion (€530 million) in 2024, reflecting the further expansion of the company’s activities during wartime.
“Even in the face of constant attacks, we are restoring capacity, scaling renewable generation, and modernising grids, because a resilient energy system is the foundation of Ukraine’s survival and future prosperity,” said DTEK CEO Maxim Timchenko. “With the full support of our shareholder, Rinat Akhmetov, we continue to invest during wartime, sending a clear signal: Ukraine remains attractive for investment today, and international partners have a real opportunity to help build a modern, European energy system.”
About DTEK
DTEK Group is a major private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005. The company generates electricity at wind, solar and thermal power plants; distributes and supplies power to end consumers; extracts natural gas and coal; trades energy resources on Ukrainian and foreign markets; and provides domestic and commercial energy services. Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to more than 36 million consumers in regions affected by hostilities. DTEK Group is 100% owned by SCM (System Capital Management). The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist. For more information, visit scm.global.
Disclaimer
Euro-UAH rates are based on the rate at the time of investment.
Media Contact
Pavlo Bilodid
bilodidpp@dtek.com
+380 97 511 2087
