The Ukraine Energy Support Fund in September

24 October 2023

In September, the Fund continued with the procurement of equipment for the repair and restoration of Ukraine’s energy infrastructure, which has been damaged in the wake of Russian attacks. Equipment worth over EUR 30 million was bought. This included disconnectors, switches, transformers, special purpose vehicles, fuel and other essential equipment, pivotal for strengthening Ukraine's energy sector. The main benefiting sector of this support was again the electricity system, which received 64% of the assistance, while a significant share of the support (30%) benefitted the renewable energy sector. 

The Ukraine Energy Support Fund was established to provide financial support for repairing Ukrainian energy infrastructure damaged by Russian attacks and to maintain the functioning of the energy sector. It is managed by the Energy Community Secretariat and receives significant contributions from governments, international organizations, and corporate donors. To date, the fund has raised a total of EUR 270 million in pledges and has already procured equipment worth EUR 70 million, contributing to the ongoing reconstruction efforts.

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