Finland backs €28.5 million power plant project as Ukraine braces for Russia’s next winter energy assault
Finnish technology will help Ukraine add power generation capacity as repeated Russian strikes continue to threaten the country’s electricity and heating systems.
Finland has pledged €28.5 million to assist Ukraine in expanding its power generation capacity ahead of the upcoming winter season, amid fears of Russian attacks on the nation's energy infrastructure. Finnish company Wärtsilä has been chosen to supply the necessary equipment for the new power plants, which will be manufactured in Vaasa, Finland.
The project, supported by the Finland–Ukraine Investment Facility, aims to bolster Ukraine's energy sector and create jobs in the country, as well as provide Finnish technology and manufacturing expertise. Ukraine's state energy company Ukrnafta will purchase the power plants, with the remaining €18 million cost covered by Ukraine itself.
Finland's Ministry of Foreign Affairs emphasized the importance of reliable energy production, especially during winter months when Russian strikes on energy infrastructure have caused significant disruptions.
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