Ukrenergo will receive loan funds from a German state bank.
The German state bank Kreditanstalt für Wiederaufbau will provide NPC Ukrenergo with more than 24 million euros for the restoration of energy infrastructure. This was reported by the German Embassy on the X network (Twitter).
“Germany continues to support the restoration and improvement of the resilience of energy infrastructure in regions of Ukraine affected by Russian attacks,” the diplomatic agency said.
The embassy noted that Ukrenergo and KfW signed a loan agreement for 24 million euros and a grant agreement for 0.5 million euros to finance the project.
German aid for Ukraine
Earlier, wrote that Germany sent a new package of military assistance to Ukraine, which included three Gepards, ammunition, tractors, communication systems, etc.
As of early December 2023, more than 4 billion euros of Russian assets were blocked in Germany. This is frozen money, the economic resources of individuals, blocked money of the Russian Central Bank.
