Maxim Timchenko
Maxim Timchenko is a Ukrainian energy executive who serves as the CEO of DTEK, the largest private energy company in Ukraine. DTEK is part of the SCM group owned by Rinat Akhmetov. He took on the role after holding positions in Ukraine's energy sector.
-
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.