As part of the Ukraine Recovery Conference 2026 (URC2026) in Gdańsk, a dedicated Energy Platform was held for the first time, serving as the leading international forum for coordinating support for Ukraine’s energy sector, preparing for the upcoming heating season, and mobilising long-term investment for the recovery and modernisation of Ukraine’s energy infrastructure.

Over two days, the Platform hosted more than 15 thematic panels, discussions, and specialised events with the participation of over 100 representatives of governments, international financial institutions, energy companies, donor organisations, and experts from Europe, North America, and Asia.

One of the key political events was the fourth meeting of the G7+ Energy Coordination Group for Ukraine (the “Energy Ramstein”), during which international partners reaffirmed their support for Ukraine’s energy sector and coordinated joint efforts to prepare for the upcoming winter.

As a result of the Energy Platform, international partners announced more than EUR 550 million in financial assistance to support Ukraine’s energy sector in preparation for the 2026/2027 heating season.

According to First Deputy Prime Minister of Ukraine — Minister of Energy Denys Shmyhal, EUR 375 million in support was announced during the Energy Ramstein meeting, including USD 175 million from the United States, EUR 137 million from Sweden, EUR 77 million from Norway, EUR 2.125 million from Estonia, EUR 550,000 from Iceland, and EUR 4 million from Lithuania. In addition, the Netherlands will provide EUR 178 million to support Ukraine’s winter preparedness and the development of distributed generation.

Denys Shmyhal also noted that 28 international agreements, memoranda, loan agreements, and grant arrangements worth nearly EUR 2 billion were signed during URC2026.

He thanked all international partners for their continued support. “Thanks to this assistance, we are restoring energy infrastructure, strengthening its resilience, protecting critical facilities, and preparing for the next autumn and winter period. Light will prevail,” Denys Shmyhal said.

During the Energy Platform, First Deputy Prime Minister of Ukraine — Minister of Energy Denys Shmyhal participated in key high-level discussions on the future of Ukraine’s and Europe’s energy sectors and held numerous bilateral meetings with representatives of partner governments, international financial institutions, and international organisations, including Poland, the United Kingdom, the Netherlands, Lithuania, Latvia, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the World Bank, the United Nations Development Programme (UNDP), the U.S. International Development Finance Corporation (DFC), and other international partners.

The agreements cover projects related to power generation, electricity grid modernisation, gas infrastructure recovery, nuclear and hydropower development, renewable energy, energy storage systems, and the deployment of advanced energy technologies.

Among the most significant outcomes were the UK Government’s sovereign guarantee supporting financing for nuclear fuel supplies, EBRD financing for the reconstruction of Ukrenergo substations, a grant from the Government of Germany for the procurement of repair equipment, and major investment projects in wind power, distributed generation, and renewable energy development.

Particular attention was also given to the Ukraine Energy Support Fund, which remains one of the key international mechanisms for supporting the recovery of Ukraine’s energy sector. To date, the Fund has mobilised nearly EUR 1.94 billion in contributions from 39 donors representing 26 countries and three international organisations, enabling the procurement of critical equipment for Ukrainian energy companies.

During bilateral meetings, the parties agreed to continue working together to mobilise international support for the 2026/2027 heating season, implement investment projects for the recovery and modernisation of Ukraine’s energy sector, expand distributed generation, strengthen the physical protection of energy infrastructure, deepen cooperation in the gas, nuclear and hydropower sectors, advance renewable energy projects, and further integrate Ukraine’s energy market into the European Union’s energy system.

The URC2026 Energy Platform became the largest international forum dedicated to coordinating support for Ukraine’s energy sector since the beginning of Russia’s full-scale invasion. It defined key priorities for international cooperation in preparing for the next heating season, restoring energy infrastructure, and ensuring the long-term modernisation of Ukraine’s energy sector.

We extend our sincere gratitude to the governments of partner countries, the European Commission, international financial institutions, the Energy Community Secretariat, and all partners supporting Ukraine not only in restoring damaged infrastructure but also in building a new, more resilient, decentralised energy system fully integrated into the European market.

We also express our appreciation to our close neighbour, Poland, for its hospitality and for hosting one of the most important events for Ukraine — the Ukraine Recovery Conference and the fourth meeting of the G7+ Energy Coordination Group.

Key Outcomes of the URC2026 Energy Platform in Gdańsk

• A Letter of Intent with the Export-Import Bank of the United States for up to USD 300 million, opening financing opportunities for U.S. equipment, works, and services for the Naftogaz Group.
• The UK Government confirmed sovereign guarantees for a GBP 210 million loan to support secure supplies of enriched uranium from Urenco to Ukrainian nuclear power plants over the next two years.
• A EUR 191.2 million common terms agreement between IFC, EBRD, BSTDB, British International Investment Ukraine, and Swedfund to finance the construction of a 189 MW wind farm by Galnaftogaz subsidiaries.
• A common terms agreement with Notus Energy providing a EUR 65 million loan for the construction of a 120 MW wind farm.
• DTEK and GE Vernova agreed to develop a new 650 MW combined-cycle gas turbine (CCGT) power plant, with total investments amounting to EUR 900 million.
• The EBRD signed Letters of Intent with Germany for a EUR 45 million contribution and Norway for a EUR 10 million contribution to the RAMP-UP Programme, designed jointly with the World Bank to support up to 1 GW of new renewable energy capacity and potentially mobilise EUR 1.5 billion in investments.
• A EUR 90 million sovereign-guaranteed loan for Ukrenergo to finance substation reconstruction and strengthen corporate governance.
• An EUR 11 million grant from the Government of Germany, channelled through KfW, enabling Ukrenergo to procure critical equipment for repairing energy infrastructure.
• A EUR 44.6 million grant agreement with the Governments of Norway and the Netherlands to support Ukrnafta.
• A number of strategic memoranda were also signed, laying the groundwork for future cooperation across multiple energy sectors:
• A new memorandum with Swedfund International to support the continued modernisation of Ukraine’s energy infrastructure.
• Naftogaz signed memoranda with Siemens Energy, GEK TERNA Group, DP Pumps, and ORLEN.