Policy

Ireland allocates another 25 million euros to Ukraine to support energy

Ireland allocates another 25 million euros to Ukraine to support energy

Ілюстративне фото

Ireland transferred another 25 million euros to the Ukraine Energy Support Fund, bringing the country’s total financial assistance through this mechanism to 52 million euros.

This was reported by the Ministry of Energy of Ukraine.

According to First Deputy Prime Minister and Minister of Energy Denys Shmyhal, the Energy Support Fund is one of the mechanisms for attracting international assistance to restore Ukraine’s energy infrastructure.

It is used to purchase equipment necessary to repair damaged energy facilities, restore the power system, and increase generating capacity.

The ministry also recalled the contributions of other international partners that arrived at the fund in October. In particular, Germany provided 249.7 million euros, Malta – 50 thousand euros, and the Hungarian company REKK – 3 thousand euros.

The funds raised will be used to meet the needs of the Ukrainian energy sector, which is suffering damage as a result of Russian attacks.

Earlier it was reported that Denmark announced a new military aid package to Ukraine worth 4.8 billion Danish kroner (about 643 million euros). The funds will be used to purchase military equipment, including air defense systems, strike drones, and ammunition for F-16 fighter jets.

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