With Sweden's contribution to the Ukraine Energy Support Fund, total lifetime contributions reach €2 billion 

With Sweden's contribution to the Ukraine Energy Support Fund, total lifetime contributions reach €2 billion

Sweden has contributed an additional SEK 1.370.000.000 SEK (approximately EUR 123 million) to the Ukraine Energy Support Fund, bringing Sweden's overall contribution to over €386 million. Channelled through the Swedish International Development Cooperation Agency, this latest donation also marks a significant milestone for the Fund as a whole:  

"The support of our partners is an important component of the process of modernising and transforming Ukraine’s energy sector. We highly appreciate Sweden’s new contribution to the Ukraine Energy Support Fund, which has increased the total volume of contributions since its establishment to more than €2 billion," said Ukraine’s First Deputy Prime Minister and Minister of Energy, Denys Shmyhal. 

"Today marks an important milestone. With contributions worth over EUR 2 billion to the Fund, countries around the world are clearly proving that Ukraine is not alone. And what drives the fund is simple: solidarity," said EU Commissioner for Energy and Housing Dan Jørgensen. "While Russia keeps targeting relentlessly civilian energy infrastructure, we respond with unwavering support. We will keep protecting, rebuilding and standing behind Ukraine's energy system and its future in Europe for as long as it takes." 

Sweden's new contribution is particularly timely, arriving as the Fund is in the midst of winterisation efforts — supported by a newly optimized procurement process and the establishment of a strategic equipment reserve.  

"For more than four years, donor funds have been helping to procure equipment for the repair of energy facilities damaged as a result of russian attacks. But the enemy does not stop. As the scale of the destruction caused by russia grows, so do the needs of Ukrainian energy companies," added Shmyhal.  "Before Sweden’s contribution was received, the funding gap amounted to €663 million. Thanks to the support of our Swedish partners, this gap has been reduced somewhat, but it still remains significant. We hope that donors will continue to support Ukraine’s energy sector through the Ukraine Energy Support Fund mechanism. These contributions are an important tool for strengthening Ukraine’s energy resilience and preparing for the next heating season" 

"At the 2026 Ukraine Recover Conference in Gdańsk, we joined the Ministry of Energy of Ukraine and the European Commission in calling for funding needed to fortify Ukraine's energy system before the cold sets in again," Energy Community Secretariat Director Artur Lorkowski underlined. "Sweden stepped forward to answer that call.  This is what meaningful partnership looks like. " 

"We see how Ukraine rebuilds for the short-term and reform for the long. But Ukraine cannot do this alone.  For several years, Sweden, through Sida, has supported Ukraine in their work to ensure their country’s energy supply," Lisa Fredriksson, Head of Sida Europe Department, noted. "With electricity, heating and clean water, hospitals can treat the ill and injured; schools can educate the citizens of tomorrow; companies can secure employment and stimulate economic growth; the government can provide public services to the people. All this and more, depends on functioning energy infrastructure."

In agreement with the European Commission and the Ministry of Energy of Ukraine, the Ukraine Energy Support Fund (UESF) was established to counteract the impact of the Russian attacks targeting critical energy infrastructure. The Fund enables governments, international financial institutions and international organisations, as well as corporate donors, to provide financial support to the Ukrainian energy sector’s efforts to repair that damage and keep functioning. Contributions to the Fund are used to finance the most urgent needs of Ukrainian energy companies such as equipment, spare parts and other technical items, as well as fuels and services needed to repair infrastructure and maintain energy and heat supply in Ukraine.