International Finance Corporation
The International Finance Corporation (IFC) is a member of the World Bank Group, established in 1956. It is the largest global development institution focused on the private sector, providing loans, equity investments, and advisory services to companies in developing countries. Headquartered in Washington, D.C., IFC works alongside the World Bank and other development partners to fund projects in finance, energy, infrastructure, and agriculture.
-
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.