DTEK, Dragon Capital launch investment hub aimed at raising $100 billion for Ukraine’s energy sector
DTEK energy company and Dragon Capital investment firm have created an investment hub to help attract funding for Ukraine’s energy sector, where reconstruction and new capacity may require more than $100 billion, DTEK reported on Telegram on Oct. 2.
DTEK, a Ukrainian energy company, and Dragon Capital, a prominent investment firm, have joined forces to establish an investment hub. The goal is to raise an estimated $100 billion to bolster Ukraine's energy sector, which requires significant reconstruction and capacity expansion. DTEK CEO Maksym Timchenko highlighted the hub's role in facilitating collaborative efforts between public and private stakeholders to develop practical solutions for attracting investment.
The primary objective, according to DTEK, is to modernize and enhance the resilience of Ukraine's energy system, thereby bolstering the nation's energy security. Dragon Capital, one of Ukraine's leading investment groups with over two decades of experience, will provide expertise in various financial services. The investment hub's launch comes after Dragon Capital adjusted its economic growth forecast for Ukraine to 1% in 2026, citing the defense industry as a potential growth driver, while the rest of the economy is expected to experience negative growth.
Written by urgent.news from New Voice of Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
