Target Energy Fund is a dedicated platform for developing distributed power generation infrastructure across Ukraine. We deploy modular solar, battery storage, and gas co-generation assets — restoring energy supply to communities and businesses while building a more resilient energy system for the future. Founded by experienced energy specialists. Operational today. Scaling to 200 MW.
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It is a long established fact that a reader will be distracted by the readable content page when looking at its layout. The point of using Lorem Ipsum is that.
It is a long established fact that a reader will be distracted by the readable content page when looking at its layout. The point of using Lorem Ipsum is that.
Target Energy Fund is a dedicated platform for developing distributed power generation infrastructure across Ukraine. We deploy modular solar, battery storage, and gas co-generation assets — restoring energy supply to communities and businesses while building a more resilient energy system for the future.
Founded by experienced energy specialists
Operational today
Scaling to 500 MW
[ Our Mission ]
[ Vision ]
Ukraine's power system has suffered extensive damage to its generation and transmission infrastructure. Large, centralized facilities — the legacy of a Soviet-era grid design — have proven highly vulnerable, and their scale makes restoration slow and costly.
Communities and businesses across the country face persistent shortfalls in electricity and heat supply. The grid requires significant additional balancing capacity to remain stable. And the risk of further disruption to large centralized assets remains a defining feature of the operating environment.
[ The need is clear ]
Distributed generation means building networks of smaller, modular generation units — deployed across multiple sites, close to the communities and businesses they serve — rather than relying on large, centralized plants.
Each unit is roughly the size of a standard shipping container. Units can be installed rapidly, relocated if needed, and managed independently. If one unit is disrupted, the rest of the network continues to operate.
This approach is already well-established in international energy markets. For Ukraine today, it offers a particularly compelling set of advantages: faster restoration of energy supply, reduced exposure to large-scale disruption, greater flexibility as needs evolve, and the ability to reach underserved communities quickly and efficiently.
Target Energy Fund deploys three complementary technologies, selected for their modularity, proven track record, and suitability for rapid deployment in Ukraine's current environment.
Photovoltaic systems deployed at distributed sites. Fast to install, low operating cost, and immediately productive once commissioned. Well-suited to Ukraine's solar resource profile.
Grid-scale battery storage deployed alongside generation assets. Provides balancing capacity, improves grid stability, and enables energy to be stored and dispatched when and where it is needed most.
Combined heat and power (CHP) units that produce both electricity and thermal energy simultaneously from a single fuel source. Highly efficient, and particularly valuable for communities and facilities with combined electricity and heating needs.
Target Energy Fund is not a concept — it is an active, operational initiative.
The founders have committed approximately $7 million of their own capital to launch the first projects. The first installation — 5 MW of solar generation and 20 MWh of battery storage — is currently under construction. The first 20 MW of projects are under active implementation across the portfolio.
Our long-term target is the deployment of 500 MW of distributed generation capacity across Ukraine within the next two to three years.
The team behind this initiative has direct, relevant experience: over the past four years, the founders have installed and serviced approximately 15 MW of co-generation capacity for clients in Ukraine, working with internationally recognized equipment manufacturers including Rolls-Royce and other global suppliers.
Target Energy Fund operates through a structured platform of venture investment funds and project-level Special Purpose Vehicles (SPVs), providing transparent asset separation and clear legal ownership at every level.
Monteco Venture Investment Fund (Ukraine) — is established and operational. Individual projects are implemented through dedicated SPVs, allowing each asset to be clearly ring-fenced.
including development banks, export credit agencies, and major infrastructure investors — dedicated investment vehicles can be structured within the Target Energy Fund platform to meet specific requirements and mandates.
Target Energy Fund is actively engaging with international partners across several categories. We welcome conversations with:
Export Credit Agencies — supporting equipment supply and financing from partner countries
Development Banks and Multilateral Institutions — financing distributed infrastructure at scale
Equipment Manufacturers and Suppliers — preferred supply relationships for modular generation equipment
Infrastructure and Project Finance Investors — project-level and platform-level investment
Municipalities and Local Authorities — local implementation partnerships and offtake arrangements
Our structure is designed to accommodate a range of partnership models — from project-level engagement to platform-wide strategic relationships. We are committed to working with partners to design arrangements that meet their operational, financial, and institutional requirements.
[ Get in Touch ]
If you are interested in learning more about Target Energy Fund, exploring a partnership, or requesting further documentation, please contact our team directly. We are available to provide additional information, arrange introductory meetings, and discuss how we can work together to support Ukraine's energy infrastructure recovery.
TARGET ENERGY FUND acting on behalf of VENTURE FUND "MOTEKO"
Kyiv, Ukraine
+1-305-440-6205