Eib Provides Eur 2 Billion For Ukraine’S Critical Infrastructure

Under a guarantee agreement with the European Commission, the European Investment Bank (EIB) will invest, through the Ukraine Facility, at least EUR 2 billion in urgent recovery and reconstruction efforts in Ukraine.

Aligned with the Ukrainian government’s needs and priorities, this funding is part of the European Union’s EUR 50 billion Ukraine Facility for the period 2024-2027.

The funds will support public sector operations across key sectors. Investments will focus on strengthening Ukraine’s energy networks, including energy grids, expanding hydropower and renewable energy production, and improving energy efficiency. They will also go toward modernising railways, improving urban public transport, and upgrading transport connectivity, including EU-Ukraine Solidarity Lanes and border crossing points along key export routes.

In addition, the financing will help restore municipal infrastructure, such as water and heating systems, public lighting, as well schools, hospitals and higher education institutions.

“The European Union and its institutions, particularly the EIB, remain steadfast partners in Ukraine’s recovery. We are accelerating investment projects that address our most pressing strategic needs, ensuring rapid reconstruction and modernisation. Each project brings Ukraine closer to the EU, strengthening our resilience and integration into the European family,” Yuliia Svyrydenko, Ukraine’s First Deputy Prime Minister and Minister of Economy, said.

To further support the implementation of EIB investments under the Ukraine Facility, the EIB and the government of Ukraine have also signed an agreement to deploy a team of advisory experts on the ground in Kyiv.

This team will provide hands-on expertise to accelerate the preparation and execution of critical projects and strategic documents, starting with energy, transport and housing and expanding to other sectors, including Ukraine’s public investment management reform. This initiative is being delivered by EIB advisory through a EUR 20 million JASPERS advisory package for Ukraine, jointly financed by the European Commission and the EIB’s EU for Ukraine advisory programme in 2024, ensuring targeted and effective support for the country’s recovery.

The Guarantee Agreement signed on March 6, 2025, is covered by the Ukraine Investment Framework (UIF), as part of Ukraine Facility. The UIF is designed to attract public and private investments for the recovery and reconstruction of Ukraine. It is endowed with financial instruments totalling EUR 9.3 billion, with EUR 7.8 billion in loan guarantees and EUR 1.5 billion in blended finance.

The aim of the UIF is to mobilise EUR 40 billion of investments for the recovery, reconstruction, and modernisation of Ukraine.