Sweden provides €94m for Ukraine's energy sector

Sweden's government has announced an energy support package for Ukraine for SEK 1 billion (almost €94 million), with the funds to be directed towards the most urgent needs in electricity generation and the recovery of damaged infrastructure.

Source: European Pravda, citing the Swedish government website

Details: The government said that the assistance will be used to meet Ukraine's most pressing needs in power generation and the repair of destroyed critical infrastructure.

The funds will also be used to strengthen energy supplies in the medium and long term.

Of the total package, SEK 600 million (€56.4 million) will go to the Ukraine Energy Support Fund; a further SEK 400 million (€37.6 million) will be allocated to the UN Development Programme.

This support will help Ukraine procure a range of energy equipment, including power units, heat blowers and spare parts for repairing damaged facilities.

Background:

• Kyiv Mayor Vitali Klitschko reported that a shipment of 177 generators arrived in the capital from the European Union on 5 February.
• France has set to allocate a further €70 million to support projects in Ukraine under the Fund for Critical Infrastructure and Priority Economic Sectors of Ukraine.
• Ireland also announced an energy assistance package for Ukraine last week.

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