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    Home»Commodities»Germany provides €60 million to support Ukraine’s energy sector
    Commodities

    Germany provides €60 million to support Ukraine’s energy sector

    October 24, 20251 Min Read


    Germany has contributed €60 million to the Ukraine Energy Support Fund.

    Source: Ukrainian Prime Minister Yuliia Svyrydenko

    Details: Svyrydenko said the funds would help speed up the delivery of generators, energy equipment and mobile thermal power plants.

    Quote: “I have thanked German Energy Minister Katherina Reiche for this decision.”

    More details: During their meeting, the two officials discussed Ukraine’s preparations for winter and efforts to strengthen the country’s energy resilience. They agreed to establish a joint energy working group and expand industrial cooperation.

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    Quote: “We have proposed that Germany sign an intergovernmental agreement to support investors, following the model already implemented by Denmark, the Netherlands, France and Switzerland. I have also expressed gratitude to Germany for its active stance on the use of Russian assets.”

    • Background:In September 2025, Lithuania’s state-owned distribution system operator Energijos Skirstymo Operatorius AB announced it would provide Ukraine with more than 200 power transformers of various capacities.

    • Spain has also sent 70 generators to Ukraine as part of its announced energy assistance package.

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