U.S. International Development Finance Corporation
The U.S. International Development Finance Corporation (DFC) is a U.S. government development finance institution created in 2019 to provide financing for private-sector projects in developing countries. It consolidated the functions of several predecessor agencies, most notably the Overseas Private Investment Corporation (OPIC), and is authorised to offer loans, equity investments, political-risk insurance, and guarantees. DFC is headquartered in Washington, D.C., and operates under the policy guidance of the Secretary of State, with an independent board and chief executive officer.
-
U.S. development finance agency approves €85 million loan to DTEK for battery storage in Ukraine
The U.S. International Development Finance Corporation (DFC) has approved a €85 million loan (about $97.5 million) for DTEK, Ukraine's largest private energy company, to expand battery energy storage capacity. The deal is part of a broader $8 billion DFC investment package covering Ukraine, Jordan and several African countries, and is described as one of the largest corporate debt deals in Ukraine and the largest in its energy sector since Russia's full-scale invasion began in 2022.