Western allies have pledged at least €375 million in new funding to help rebuild Ukraine’s heavily damaged energy infrastructure, Ukrainian Energy Minister Denys Shmyhal announced.
The commitment was made during a special energy-focused meeting held in Gdańsk, Poland, organized in a Ramstein-style coordination format, where international partners reaffirmed their long-term support for Ukraine’s critical energy sector.
According to Shmyhal, the United States will contribute $175 million, Sweden €137 million, and Norway €77 million. Additional support includes €4 million from Lithuania, €2.12 million from Estonia, and €550,000 from Iceland, with further contributions from Nordic and Baltic partners.
Despite these pledges, the minister warned of a significant funding gap, stating that Ukraine’s unmet energy needs now exceed €650 million. Of this, around €295 million is urgently required for direct repairs and reconstruction of damaged facilities.
Ukraine’s energy system has been under severe strain since early 2025, with authorities maintaining emergency conditions across the sector. Officials have previously warned of possible electricity shortages lasting up to eight hours per day during peak summer demand due to heatwaves and infrastructure damage.
The announcement comes ahead of the Ukraine Recovery Conference 2026 in Gdańsk on June 25–26, jointly organized by Kyiv and Warsaw, with high-level participation expected from President Volodymyr Zelensky and international business leaders.
Polish Prime Minister Donald Tusk said the conference is expected to produce around 200 commercial agreements aimed at accelerating Ukraine’s economic recovery and attracting foreign investment for reconstruction efforts.
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