Iceland’s contributions to Ukraine Energy Support Fund surpass EUR 8.4 Million, strengthening energy recovery efforts 

Iceland’s new ISK 400 million (EUR 2.7 million) contribution will finance emergency repairs, critical equipment replacement and protective measures for Ukraine’s energy infrastructure.

As part of a growing community of repeat donors, Iceland has made a new contribution of ISK 400 million (approximately EUR 2.7 million) to the Ukraine Energy Support Fund, administered by the Energy Community Secretariat. With this latest contribution signed, the country’s total contribution to the Fund now exceeds EUR 8.4 million. Since November 2025, the Fund’s 37 donors have signed contributions totalling over EUR 582 million — a signal of sustained international confidence in the Fund’s ability to procure and deliver what is needed to restore and stabilise Ukraine’s energy system as it enters its fifth year of full-scale war.  

“This contribution from Iceland sends a clear message: Ukraine’s energy resilience remains a shared and urgent European priority,” said Artur Lorkowski, Director of the Energy Community Secretariat. "Despite a particularly turbulent winter, continued backing from a committed donor base has allowed the Fund to keep pace with urgent repair needs and evolving priorities on the ground." 

The Fund processes procurement requests in line with priorities set by Ukraine’s Ministry of Energy. To date, more than 1,000 contracts have been signed since the start of the full-scale invasion, representing EUR 850 million in contracted support. Of this amount, EUR 618 million worth of equipment, services, and passive protection measures has already been delivered, supporting 66 Ukrainian energy companies across the country. This includes distributed generation solutions, boilers, transformers, pipes, cables, high-voltage equipment, and construction materials required for rapid repairs and infrastructure reinforcement. A single mobile substation financed through the Fund can be deployed within hours of an attack and restore electricity supply to more than 50,000 households. 

Iceland's grant provides flexible financing, enabling immediate deployment of measures to address urgent repair needs. Such flexibility is crucial as Ukraine enters the final month of the heating season, when maintaining stable electricity and heat supply is essential to protect civilians, sustain critical services and safeguard the energy system. At the same time, the Fund is proactively preparing for the next winter period. Accelerating the delivery of repair equipment now will be essential to reinforcing infrastructure and securing system stability ahead of the next winter.