Energy deals worth over €1bn to be signed in Gdańsk, Ukraine's energy minister says

Public and private companies in Ukraine's energy sector will sign agreements to attract more than €1 billion in financing as part of the URC-2026 Ukraine Recovery Conference in Gdańsk.

Source: Energy Minister Denys Shmyhal on social media and during the national joint 24/7 newscast, as reported by Ukrinform, a Ukrainian news agency

Details: Shmyhal said an agreement worth GBP 210 million (approx. US$277.1 million) was signed during the conference for the supply of fuel for Ukrainian nuclear power plants by the British company Urenco.

He added that agreements are being signed today, on 25 June, including a US$300 million deal for Naftogaz Group, Ukraine's largest national oil and gas company, from the US Exim Bank and a €90 million (approx. US$102.3 million) deal for Ukrenergo, Ukraine's state-owned electricity transmission operator, from the European Bank for Reconstruction and Development.

Shmyhal clarified that Ukrainian public and private companies are expected to sign another 28 agreements worth more than €1 billion (approx. US$1.1 billion) during the day.

He also added that Ukraine has already signed an agreement with Dutch partners to allocate €178 million (approx. US$202.4 million) for winter preparations. The aid package will include the purchase of gas turbines and transformers.

Quote: "A separate area of cooperation is the development of distributed generation, attracting Dutch technology and the private sector to implement relevant projects. We have already provided our partners with a list of priority needs and are counting on the supply of cogeneration units and other equipment to strengthen the resilience of the energy system."

Background: Ukraine's Prime Minister Yuliia Svyrydenko announced earlier that 160 agreements worth more than €10 billion (approx. US$11.3 billion) will be concluded as part of the Ukraine Recovery Conference 2026.

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