Germany gives another EUR100M for restoration of Ukraine’s power system

Germany has provided another EUR100 million to the Ukraine Energy Support Fund for the purchase of equipment set to restore energy infrastructure damaged by Russian strikes.

This was announced by the German Embassy in Ukraine on Facebook, Ukrinform reports.

"Today there was another massive Russian attack on the civilian energy infrastructure of Ukraine. International partners and Germany stand side by side with Ukraine in these dark hours. The German Ministry of Economy responds to the call by providing an additional EUR100 million for the Ukraine Energy Support Fund of the Energy Community," the statement reads.

Thus, by the end of the year, the Fund will receive EUR130 million from Germany for the urgent needs of Ukrainian energy companies.

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As Ukrinform reported, earlier in December, the German federal government announced a contribution of EUR 30 million for the purchase of emergency repair equipment for the restoration of Ukraine's energy infrastructure damaged by Russian shelling. The corresponding funds are directed to the Ukraine Energy Support Fund, created by the Secretariat of the Energy Community.

The Fund was established in April by the Energy Community with the support of the European Commissioner for Energy, Kadri Simson. As of December 13, some EUR61.5 million was attracted to the Fund from five countries and international organizations.

Consolidated funds from donors are directed to the restoration of the energy infrastructure that was damaged or destroyed as a result of hostilities on the territory of Ukraine, provoked by Russian military aggression. The Ministry of Energy of Ukraine coordinates the requests of Ukrainian companies to carry out relevant restoration works.