Fitch Ratings has downgraded DTEK Energy B.V.’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to ‘Restricted Default’ (RD) from ‘C’ following the execution of the tender offer and the company’s disclosure of the result of its consent solicitation related to changes in the notes’ documentation, the agency said on its website. “We view the … Read more
DTEK Energy will buy back eurobonds maturing in 2027 with a coupon rate of 7/7.5% for a total of $50 million at a price of up to 27% of the face value, the company said in a stock exchange message on Monday. According to it, the redemption of eurobonds at such a discount will reduce … Read more
DTEK Finance plc (a subsidiary of DTEK Energy) will buy back eurobonds worth $32.507 million at a price of 24% of par or less based on the results of the auction. According to DTEK Finance’s report on the Irish Stock Exchange, settlement of the offer will take place on November 10, 2022. After redemption of … Read more
DTEK Energy enterprises continue to support the uninterrupted operation of the Ukrainian energy system in the conditions of the war with Russia, the company said in a press release on Saturday. “All the company’s mines are operating normally. The miners continue to extract coal to support the Ukrainian energy system,” DTEK said. Currently, 15 power … Read more
The district court of Amsterdam on September 18, 2020 under a claim of Sberbank of Russia against DTEK Energy B.V. ordered to pay around $45.1 million and to take interim measures in respect of certain assets of DTEK Energy B.V. in the Netherlands. DTEK Energy said that these actions have no impact on the company’s … Read more
The international rating agency S&P Global Ratings has placed the “B-” rating of DTEK Renewables with a negative outlook on CreditWatch for a possible downgrade due to a deterioration in the company’s liquidity against the background of a low level of settlements under feed-in tariffs. “We are therefore placing our ‘B-‘ rating on DTEK Renewables … Read more
DTEK energy holding jointly with Danish Vestas, the global leader in manufacturing of wind turbines, has completed building Orlivska wind farm with a capacity of 100 MW (Azov seacoast in Zaporizhia region). “We have completed one of our strategic goals – we have reached 1 GW of green generation capacity by investing more than EUR … Read more
Moody’s Investors Service has today upgraded the corporate family rating of DTEK Energy B.V. to Caa2 from Ca. The outlook on the rating is stable, according to a report on Moody’s website. Concurrently, Moody’s has upgraded DTEK Energy’s probability of default to Caa2-PD from Ca-PD. “The rating action follows the change in outlook to positive … Read more
DTEK Energy has bought 88,000 tonnes of G group coal from Columbia. According to the company’s press release, the unloading of the W-Ace bulk carrier has already begun at the TIS terminal (Odesa region), after which coal will go to DTEK Energy’s thermal power plants (TPPs). “Today in the Ukrainian energy sector there is a … Read more
Solar Farm 1 LLC, part of DTEK Renewables B.V., has officially launched Ukraine’s largest Nikopol solar power station with an installed capacity of 200 MW. “Today we are opening up the largest solar power station in our country, one of the largest in Europe. Today we are talking about the largest energy investments in the … Read more