EU channels a further €30 million into Ukraine’s Energy Support Fund, raising its total contribution to €279 million
The top-up follows recent transfers from Luxembourg and Denmark, the latter adding more than €10 million to the same mechanism.
The European Union has allocated an additional €30 million to the Ukraine Energy Support Fund, bringing its overall contribution to €279 million, according to First Deputy Prime Minister and Energy Minister Denys Shmyhal, who announced the news on Telegram. This is the most recent donation among a series of contributions from Ukraine's allies. Luxembourg has also contributed to the same fund, while Denmark has provided over €10 million, as reported by European Pravda.
Shmyhal detailed the purpose of the fund in his Telegram post, explaining that it is utilized for restoring energy infrastructure damaged by Russian attacks, purchasing necessary equipment for Ukraine's energy companies, and ensuring a dependable energy supply, particularly for critical infrastructure. He added, "These funds, channeled through this financial instrument, play a crucial role in our efforts to rebuild the energy sector and guarantee resilience against ongoing threats."
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