Ireland has allocated further 25 million euros for reconstruction of Ukraine’s energy sector
The Ukrainian Energy Support Fund has received a new contribution from Ireland amounting to 25 million euros. The total amount of financial assistance provided by the country through this mechanism has risen to 52 million euros.
This was reported by the Ukrainian Ministry of Energy, according to Censor.NET.
According to the First Deputy Prime Minister and Minister for Energy, Denys Shmyhal, the Ukrainian Energy Support Fund is a tool for attracting international aid to rebuild the energy infrastructure.
In particular, the fund’s resources are being used to purchase equipment for repairing damaged facilities, restoring the power system to full operation and increasing generation capacity.
The Ministry of Energy also pointed out that, in October, the fund received grant contributions from other international partners.
Germany transferred 249.7 million euros, Malta 50,000 euros, and the Hungarian company REKK 3,000 euros.
Funds from international partners are being used to meet the needs of the Ukrainian energy sector, which has suffered damage as a result of Russian attacks.
