USAID
USAID (United States Agency for International Development) is the U.S. government agency responsible for civilian foreign aid and development assistance. Established in 1961, it operates under the authority of the Secretary of State. The agency channels funding into global health, education, democratic governance, economic growth, and humanitarian relief, working through grants, partnerships, and technical assistance in developing countries.
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U.S. DFC approves €85 million loan to DTEK for battery storage expansion in Ukraine
The U.S. International Development Finance Corporation (DFC) has approved an €85 million (approximately $97.5 million) loan to Ukrainian energy company DTEK to expand battery energy storage systems in Ukraine. The loan is part of a broader DFC investment package of more than $8 billion covering projects in Ukraine, Jordan, and several African countries, and is the largest DFC financing in Ukraine's energy sector since the start of Russia's full-scale invasion in 2022.