Ireland transferred an additional €25 million to the Energy Support Fund for Ukraine. The funds will be used to purchase equipment for repairing damaged energy infrastructure and restoring electricity supply after Russian attacks.
This was reported by the Ministry of Energy of Ukraine on November 11 reported the Ministry of Energy of Ukraine.
With this new contribution, Ireland's total contribution to the Energy Support Fund for Ukraine has increased to €52 million.
According to First Deputy Prime Minister and Minister of Energy Denys Shmyhal, the fund is used to purchase equipment for the repair and restoration of damaged energy facilities, as well as to increase generation capacity.
This support allows energy companies to carry out restoration work after Russian shelling and to restore electricity supply to residential buildings, hospitals, schools and enterprises.
The Energy Support Fund for Ukraine operates under the management of the Energy Community Secretariat. Its funds are used to purchase equipment needed by Ukrainian energy enterprises.
Ireland is not the only international partner to have recently increased funding for Ukrainian energy. In October, the fund received grant contributions from Germany of €249.7 million, Malta of €50,000, and the Hungarian company REKK of €3,000.
According to the Energy Community, during October the fund concluded 90 contracts for the supply of energy equipment with a total value of almost €200 million. This is the largest monthly volume of contracts since its operation began.
