The World Bank provides USD 70 million to bolster Ukraine's energy resilience: Prime Minister
Communications Department of the Secretariat of the CMU,
posted
25 April 2025
21:10
Prime Minister Denys Shmyhal and World Bank Managing Director Anna Bjerde signed an agreement on financial support for Ukraine's energy system. The event took place in Washington DC on April 25.
Under the document, the World Bank will grant our country USD 70 million. The funding will be used to maintain the stability of the energy system.
"The funds will be used to purchase energy storage systems by Ukrhydroenergo. This will allow us to create a reserve of electricity and enhance our energy resilience," said Denys Shmyhal.
He expressed his gratitude to the World Bank and partners for their assistance in restoring Ukraine's energy infrastructure damaged by russian shelling.
