Germany contributes €60 million to Ukraine's Winter Energy Support Fund

Germany has contributed €60 million to Ukraine's Winter Energy Support Fund. Photo: Yuliia Svyrydenko

Germany has transferred €60 million to Ukraine's Energy Support Fund to help prepare for the heating season. The funds will be used to purchase generators, power equipment and mobile thermal power plants.

This was announced by Prime Minister Yuliia Svyrydenko on her Telegram channel.

As a reminder, German Energy Minister Katharina Reiche arrived in Kyiv today for a working visit. According to Yuliia Svyrydenko, during the meeting, the parties discussed Ukraine's preparations for the winter and strengthening its energy resilience. The two countries agreed to set up a joint working group on energy and expand industrial cooperation.

Germany has contributed €60 million to Ukraine's Winter Energy Support Fund. Photo: Yuliia Svyrydenko

In addition, a Ukrainian-German business forum is planned to be held in Berlin in December, which should become a platform for new partnerships between companies from both countries.

«They proposed that Germany conclude an intergovernmental agreement to support investors, following the model already implemented by Denmark, the Netherlands, France and Switzerland. I also thanked Germany for its active position on the use of Russian assets», said Yuliia Svyrydenko.

Earlier, NikVesti wrote that Norway would allocate an additional $150 million to support Ukraine's energy sector before the winter period.