The Ukraine Energy Support Fund signed record contracts worth nearly 200 million euros in one month

The Ukraine Energy Support Fund signed record contracts worth nearly 200 million euros in one month

In October the Ukraine Energy Support Fund signed 90 contracts for the supply of equipment with a total value of nearly 200 million euros. This is a record figure for a single month since the Fund began operating.

This was reported by Minister of Energy Denys Shmyhal after a conversation with the Director of the Secretariat of the Energy Community, Artur Lorkovsky.

According to the minister, in 2026 the Fund significantly increased its pace of work and is helping energy companies more quickly restore infrastructure after Russian attacks.

Overall, since the beginning of the year 660 contracts have been signed for 515 million euros. The total value of the Fund’s contracts for the entire period of its operation has exceeded 1,32 billion euros.

These funds are being used to purchase power transformers, substation equipment, machinery, and other critically important elements for restoring electricity, heat, and gas supply in communities.

During the conversation the parties also agreed on further actions to determine priority needs and order equipment to strengthen the resilience of Ukraine’s energy system.

Shmyhal thanked the Secretariat of the Energy Community, Artur Lorkovsky, and the Fund’s international donors for their support of Ukraine’s energy sector.