The European Investment Bank (EIB) has provided $89.51 million, supported by EU guarantees, to Ukrenergo, Ukraine’s national electricity transmission system operator, to support the physical protection of Ukraine’s critical energy infrastructure.
The funding, offered under the EIB’s Ukraine Solidarity Urgent Response Package developed in cooperation with the European Commission, is one of the measures of the Ukraine Energy Rescue Plan adopted by the Bank in October 2024 to address the damage to Ukraine’s energy infrastructure caused by Russia’s ongoing war.
The funds will support the construction of protective anti-drone structures for electricity transmission equipment, strengthening its resilience against military attacks and ensuring the safety and functionality of Ukraine’s energy transmission infrastructure during wartime. The investment will help Ukrenergo strengthen the stability and reliability of energy transmission across Ukrainian regions.
The initiative is important for Ukrainian society, as Russia continues its targeted attacks on energy infrastructure to deprive civilians and businesses of essential power. By protecting the energy system, the funding will ensure a stable energy supply to sustain daily life and economic activity across the country.
