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Italy Disburses First Tranche of €25 Million for Ukraine’s Energy System Restoration

Italy Disburses First Tranche of €25 Million for Ukraine’s Energy System Restoration

The Italian government has disbursed the first tranche of €25 million for Ukraine’s energy system restoration as part of a joint initiative with the European Bank for Reconstruction and Development (EBRD), worth a total of €200 million. The Italian Embassy in Ukraine reported this, Interfax-Ukraine reports.
It is noted that the funds are allocated to the state-owned company Ukrhydroenergo and are aimed at implementing urgent measures to restore access to energy supply, strengthen power grids, and provide vital services in the most affected regions. This contribution is part of a broader Italian assistance package of €125 million aimed at Ukraine’s energy security and reconstruction in cooperation with Ukrainian institutions and international partners.

 

Source: https://uaprom.info/news/italiia-pererakhuvala-pershyj-transh-u-rozmiri-e25-mln-na-vidnovlennia-enerhosystemy-ukrainy/