Connection

popular articles

New Zealand: Trinasolar and Lodestone inaugurate an agrivoltaic farm
Innergex Sells Minority Interests in its Texan Portfolio
The Heat Fund Maintained: A Victory for the Ecological Transition
Inauguration in Saint-Avold: A 44 MWh Energy Storage Facility Comes Online
Tanzania: Zanzibar Prepares an 18 MW Solar Plant for Energy Autonomy

EBRD finances Ukraine’s energy sector

The EBRD approved a financing package that will provide $372 million to assist the Ukrainian power transmission company, Ukrenergo.

Please share:

The EBRD approved a financing package that will provide $372 million to assist the Ukrainian power transmission company, Ukrenergo.

European funding

THE EBRD (European Bank for Reconstruction and Development) indicates that the aid will be used for emergency repairs. Thus, it will serve to maintain the stability of the country’s energy system as winter approaches. In addition, the bank condemns the strikes against civilian infrastructure.

The EBRD will provide a €300 million sovereign guaranteed loan with two components. Up to €150 million is intended for the purchase of equipment to carry out repairs on the Ukrainian electricity transmission system. An additional €150 million consists of support for the capital structure.

Emergency assistance

In addition, the Netherlands will supplement the EBRD’s emergency assistance up to €72 million. This additional assistance will be used to support the immediate restoration needs of Ukrenergo’s transmission infrastructure. Odile Renaud-Basso, EBRD’s president, says:

“Urgent repairs to the Ukrainian power grid are an immediate priority for EBRD. The people and businesses of Ukraine need continued access to electricity through the winter. With this important funding, we will help Ukrenergo make rapid emergency repairs to damaged equipment, high voltage substations and transmission lines. It will ensure the continued provision of vital electricity transmission services during the heating season for Ukrainian households, businesses and communities.”

EBRD has been involved in promoting economic transition in Ukraine for about 30 years. The bank’s assistance complements that of other international financial institutions. Funding is also directed to trade to maintain the flow of essential goods, food security and vital infrastructure.

A plan for the future

Until now, the EBRD provided more than 1 billion euros to Ukraine as part of emergency liquidity financing. The bank is committed to paying up to €3 billion over the period 2022-2023. The aim is to help Ukrainian businesses and the economy to continue to function.

Ukraine is one of the main beneficiaries of the EBRD. Its assistance is aimed at ensuring the country’s resilience in the context of conflict. Finally, these measures will be combined with a reconstruction plan when circumstances permit.

 

Register free of charge for uninterrupted access.

Publicite

Latest news

France: Nearly 50 Anomalies Reported Since the Launch of the Flamanville’s EPR Reactor
Canada and Poland Strengthen Nuclear Cooperation
France: The CEO of Ademe defends its effectiveness in the face of criticism over its cost
Fraud and Counterfeiting: The French Nuclear Industry Under Increased Surveillance
EDF Renewables to Pay 750,000 Euros After Unauthorized Land Clearing in Guadeloupe

Recently published in

American Pressure and Market Balance: OPEC+ Faces Trump’s Demands

The Trump administration is increasing pressure on OPEC to boost oil production. Between economic strategies and geopolitical stakes, global market balance remains fragile as OPEC+ takes a cautious approach ahead of key decisions.
Record Chinese Energy Installations: 24 GW in Belt and Road Countries
In 2024, Chinese companies installed 24 gigawatts of new energy capacity in Belt and Road countries. Nearly half of the projects focused on renewable energy, underscoring their key role in global energy diplomacy.
en_1140290947540-2
Record Chinese Energy Installations: 24 GW in Belt and Road Countries
In 2024, Chinese companies installed 24 gigawatts of new energy capacity in Belt and Road countries. Nearly half of the projects focused on renewable energy, underscoring their key role in global energy diplomacy.
en_1140290947540-2
Conflict in Ukraine: Trump, Putin, and Energy Diplomacy Under Pressure
Energy issues and political strategies are shaping relations between Trump, Putin, and Zelensky as negotiations over Ukraine could redefine the global geopolitical balance.
en_1140290951540
Conflict in Ukraine: Trump, Putin, and Energy Diplomacy Under Pressure
Energy issues and political strategies are shaping relations between Trump, Putin, and Zelensky as negotiations over Ukraine could redefine the global geopolitical balance.
en_1140290951540
Hungary Threatens to Block EU Sanctions Against Russia to Restore Gas Transit
Hungarian Prime Minister Viktor Orban conditions the continuation of European sanctions against Russia on the restoration of Russian gas transit through Ukraine, citing the economic impact on Hungary.
en_1140290954540
Hungary Threatens to Block EU Sanctions Against Russia to Restore Gas Transit
Hungarian Prime Minister Viktor Orban conditions the continuation of European sanctions against Russia on the restoration of Russian gas transit through Ukraine, citing the economic impact on Hungary.
en_1140290954540

Iran’s Nuclear Program: Acceleration and Geopolitical Challenges

As Iran accelerates its enriched uranium production, the International Atomic Energy Agency (IAEA) emphasizes the urgency of dialogue between Washington and Tehran to prevent further diplomatic escalation.
Nigeria strengthens its energy alliances with the BRICS
Africa’s leading oil producer, Nigeria, relies on new partnerships to finance its infrastructure, diversify its markets, and integrate nuclear, solar, and gas projects into its growth strategy.
en_11401330540
Nigeria strengthens its energy alliances with the BRICS
Africa’s leading oil producer, Nigeria, relies on new partnerships to finance its infrastructure, diversify its markets, and integrate nuclear, solar, and gas projects into its growth strategy.
en_11401330540
Energy crisis in Transdniestria: Moldova approached for gas supply
Amid an energy crisis, separatist Transdniestria has requested Moldova to supply gas. This request raises legal and geopolitical issues as the region has been cut off from Russian deliveries since January.
en_11401343540
Energy crisis in Transdniestria: Moldova approached for gas supply
Amid an energy crisis, separatist Transdniestria has requested Moldova to supply gas. This request raises legal and geopolitical issues as the region has been cut off from Russian deliveries since January.
en_11401343540
Qatar pledges technical support to rebuild Syrian infrastructure
Qatar announces technical assistance to restore essential infrastructure in Syria, severely affected by years of conflict. This aid includes an energy contribution as well as support for the electricity sector, which is undergoing restructuring.
en_11401310540
Qatar pledges technical support to rebuild Syrian infrastructure
Qatar announces technical assistance to restore essential infrastructure in Syria, severely affected by years of conflict. This aid includes an energy contribution as well as support for the electricity sector, which is undergoing restructuring.
en_11401310540

Ukraine: Massive Russian Attack on Energy Infrastructure

Nearly 120 missiles and drones targeted key infrastructures in Ukraine, causing widespread power outages. This attack occurred as Volodymyr Zelensky met with European leaders in Poland.
The OECD Fails to Agree on Ending Support for Fossil Fuels
Despite months of negotiations, OECD countries failed to reach an agreement to restrict public support for fossil fuel industries, highlighting key divergences between nations.
en_11401263540
The OECD Fails to Agree on Ending Support for Fossil Fuels
Despite months of negotiations, OECD countries failed to reach an agreement to restrict public support for fossil fuel industries, highlighting key divergences between nations.
en_11401263540
Energy Crisis in Transdniestria: Vadim Krasnosselski Travels to Moscow for Negotiations
The pro-Russian separatist leader of Transdniestria, Vadim Krasnosselski, traveled to Moscow to address the energy crisis impacting his region after Russian gas deliveries were cut, jeopardizing the local economy and power grid.
en_11401272540
Energy Crisis in Transdniestria: Vadim Krasnosselski Travels to Moscow for Negotiations
The pro-Russian separatist leader of Transdniestria, Vadim Krasnosselski, traveled to Moscow to address the energy crisis impacting his region after Russian gas deliveries were cut, jeopardizing the local economy and power grid.
en_11401272540
The Czech Republic Ends Its Dependence on Russian Oil
Thanks to the extension of the TAL pipeline, the Czech Republic diversifies its energy supply, reducing its dependence on Russian oil while enhancing its strategic security.
en_11401271540
The Czech Republic Ends Its Dependence on Russian Oil
Thanks to the extension of the TAL pipeline, the Czech Republic diversifies its energy supply, reducing its dependence on Russian oil while enhancing its strategic security.
en_11401271540

Ukrainian Drone Strikes: Fires at Russian Strategic Sites

Ukrainian drone strikes targeted industrial and energy facilities in Russia, causing significant fires in Tatarstan and Saratov regions, according to local authorities.
Canada Faces a 25% Tax on Its Oil Exports to the United States
The United States is considering a 25% tax on Canadian oil imports, threatening a strategic energy partnership. This measure could disrupt Alberta’s economy and global oil markets.
en_11401250540
Canada Faces a 25% Tax on Its Oil Exports to the United States
The United States is considering a 25% tax on Canadian oil imports, threatening a strategic energy partnership. This measure could disrupt Alberta’s economy and global oil markets.
en_11401250540
Ukraine and Slovakia consider 25% Russian gas transit
Slovak Prime Minister Robert Fico and Ukrainian President Volodymyr Zelensky plan discussions on the partial resumption of Russian gas transit, representing 25% of the volumes needed for Slovakia.
en_11401245540
Ukraine and Slovakia consider 25% Russian gas transit
Slovak Prime Minister Robert Fico and Ukrainian President Volodymyr Zelensky plan discussions on the partial resumption of Russian gas transit, representing 25% of the volumes needed for Slovakia.
en_11401245540
Trump and Maduro: The Energy Struggle Redefining US-Venezuela Relations
As Nicolás Maduro begins a contested third term and Donald Trump prepares to return to the White House, tensions between Washington and Caracas reach a critical point. Between tightened sanctions, strategic alliances, and oil stakes, 2025 is shaping up to be a pivotal year for these two nations.
en_11401222540
Trump and Maduro: The Energy Struggle Redefining US-Venezuela Relations
As Nicolás Maduro begins a contested third term and Donald Trump prepares to return to the White House, tensions between Washington and Caracas reach a critical point. Between tightened sanctions, strategic alliances, and oil stakes, 2025 is shaping up to be a pivotal year for these two nations.
en_11401222540

Russia accuses Ukraine of targeting TurkStream with nine drones

Russia reports that nine Ukrainian drones targeted a TurkStream pipeline station, without disrupting deliveries to Europe. This incident highlights the geopolitical stakes of energy infrastructure.
Iran enriches 60% uranium under international oversight
Discussions in Geneva between Iran and the E3 group aim to regulate uranium enrichment now reaching 60%, while adhering to international regulatory frameworks.
en_11401237540
Iran enriches 60% uranium under international oversight
Discussions in Geneva between Iran and the E3 group aim to regulate uranium enrichment now reaching 60%, while adhering to international regulatory frameworks.
en_11401237540
Transdniestria Faces Energy Crisis: Appeals to Moscow to Prevent Humanitarian Catastrophe
The separatist authorities of Transdniestria, grappling with the halt of Russian gas deliveries, are calling on Moscow for help to prevent a humanitarian crisis exacerbated by power outages and an economy on the brink of collapse.
en_11401207540
Transdniestria Faces Energy Crisis: Appeals to Moscow to Prevent Humanitarian Catastrophe
The separatist authorities of Transdniestria, grappling with the halt of Russian gas deliveries, are calling on Moscow for help to prevent a humanitarian crisis exacerbated by power outages and an economy on the brink of collapse.
en_11401207540
Serbia demands Gazprom to cede 56% of NIS shares
Faced with US sanctions targeting Russian oil, Serbia is negotiating with Moscow to ensure the full withdrawal of Russian shares in its main gas supplier, NIS, 56% owned by Gazprom and Gazprom Neft.
en_11401209540
Serbia demands Gazprom to cede 56% of NIS shares
Faced with US sanctions targeting Russian oil, Serbia is negotiating with Moscow to ensure the full withdrawal of Russian shares in its main gas supplier, NIS, 56% owned by Gazprom and Gazprom Neft.
en_11401209540

The United States sanctions Gazprom Neft and 200 Russian ships worth $23 billion

Washington and London impose historic sanctions on the Russian energy sector, targeting Gazprom Neft and a fleet of 200 ships. Moscow accuses the U.S. of global destabilization, while Biden defends the strategic impact.
Lithuania secures a strategic link with Poland for its European network
Lithuania strengthens the protection of the LitPol Link, its critical connection with Poland, ahead of its planned disconnection from the Russian power grid in February.
en_11401200540
Lithuania secures a strategic link with Poland for its European network
Lithuania strengthens the protection of the LitPol Link, its critical connection with Poland, ahead of its planned disconnection from the Russian power grid in February.
en_11401200540
The Development of Strategic Electric Interconnections
Electric interconnections have reshaped global energy systems, enabling cross-border cooperation and economic stability. Rooted in Oxford Energy Institute research, this piece highlights key agreements, technological milestones, and the diplomatic strategies driving these transformative infrastructures.
en_11401129540
The Development of Strategic Electric Interconnections
Electric interconnections have reshaped global energy systems, enabling cross-border cooperation and economic stability. Rooted in Oxford Energy Institute research, this piece highlights key agreements, technological milestones, and the diplomatic strategies driving these transformative infrastructures.
en_11401129540
The United Kingdom faces criticism from Donald Trump after record-high oil taxation in the North Sea
Donald Trump, the president-elect of the United States, attacks the United Kingdom's energy policies, blaming high taxes in the North Sea for pushing companies like APA Corporation to exit the region by 2029.
en_11401133540
The United Kingdom faces criticism from Donald Trump after record-high oil taxation in the North Sea
Donald Trump, the president-elect of the United States, attacks the United Kingdom's energy policies, blaming high taxes in the North Sea for pushing companies like APA Corporation to exit the region by 2029.
en_11401133540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS