Energy Support Fund receives EUR 3.2 mln in March, secures more donor commitments worth EUR 34.2 mln

In March, Ukraine’s Energy Support Fund received grant contributions from Iceland and Slovenia totaling EUR 3.2 million, the Ministry of Energy of Ukraine reported on Monday.

"In addition, documents were signed in March for additional grants and new donor commitments were declared," the ministry said.

In particular, expected contributions include EUR 12.5 million from Canada, EUR 10 million from the European Commission, EUR 5.4 million from Denmark, EUR 4.8 million from Germany, and EUR 1.5 million from Croatia.

"New contributions have also been announced: EUR 57.9 million from the United Kingdom, EUR 10 million from Italy, and EUR 0.155 million from the Province of Alberta (Canada)," the ministry added.

According to the ministry, contracts for the supply of critically needed equipment worth about EUR 41.7 million were signed through the Fund’s mechanism in March.

"This includes equipment for the modernization of substations, generation facilities, and gas infrastructure, in particular pipeline valves, high-voltage electrical equipment, cable products, batteries, as well as materials for restoration work and personal protective equipment," the ministry explained.

At the same time, under previously signed contracts, equipment deliveries worth about EUR 11.5 million were carried out in March. Among the items delivered were diagnostic systems and transformer materials to ensure the stable operation of generation facilities and monitoring of energy equipment.

In total, the Energy Support Fund of Ukraine has already received nearly EUR 1.854 billion in grant funding from 37 donors representing 26 partner countries and three international organizations.