Ukraine signs memorandum with US for $825M energy system aid

Ukrainian Foreign Minister Andrii Sybiha and US Secretary of State Antony Blinken signed a memorandum of understanding on December 3 to support Ukraine's energy sector, Report informs via Ukrainska Pravda.

The intergovernmental memorandum of understanding, titled On Cooperation to Ensure the Resilience of Ukraine’s Energy System, provides for US assistance of up to $825 million.

Ukraine’s Ministry of Foreign Affairs reported that the document establishes a legal framework for strengthening the resilience of Ukraine’s energy system.

The agreement includes measures to restore critical infrastructure, implement distributed energy generation, reform the energy sector and facilitate a post-war transition to a low-carbon economy.

The US announced the $825 million energy aid package for Ukraine back in June.

In early October, the US, through the United States Agency for International Development (USAID), delivered materials to Ukraine to protect energy infrastructure facilities.