Ukraine's largest private power producer DTEK said on Wednesday it plans to invest €450 million to expand its Tyligulska wind farm on the Black Sea coast, marking the largest private sector investment in Ukraine since the beginning of the Russian full-scale invasion.
The announcement was made after DTEK reached a financing agreement with lenders to buy 64 wind turbines from Vestas, with an aim to expand Tyligulska's capacity to 500 MW from 114 MW. Tyligulska currently has 19 installed turbines.
The European Bank for Reconstruction and Development (EBRD) has approved a €50 million emergency loan to help Kyiv maintain heating, electricity and other essential municipal services amid continued Russian attacks on the city's energy infrastructure. The financing, backed by a 25% first-loss guarantee from the European Union
Ukraine is considering a rail corridor through Moldova to the Romanian port of Constanța as an alternative to Black Sea shipping, as Russian strikes on Ukrainian ports increasingly disrupt grain exports, Reuters reported, citing unnamed sources. Kyiv has asked Moldovan authorities for a 50% discount on the standard freight rate,
