Ukrhydroenergo and EIB discuss next steps to support Ukraine's energy stability
In Warsaw, the general director of Ukrhydroenergo, Ihor Syrota, held a meeting with representatives of the European Investment Bank (EIB) to discuss the resilience of Ukraine's hydropower plants under wartime challenges and prospects for cooperation on strategic projects. Participants included head of the public sector lending department for Eastern European countries, Rafal Rybacki, senior loan officers Pawel Malinowski and Kinga Soltes, as well as senior engineers Oliver Froend and Oleksandr Antoniuk.
Representing Ukrhydroenergo were supervisory board member Vitalii Kushnirov and director of the department of innovative projects, Mariia Bishko.
The primary topic of the meeting was the progress in implementing the project “Rehabilitation of Equipment to Enhance Operational Stability and Reliability of Hydropower Plants”. This initiative aims to strengthen Ukraine's energy infrastructure, which has faced ongoing threats for nearly three years due to military actions by russia.
EIB representatives once again expressed their support for Ukrhydroenergo, emphasizing that they are actively reviewing submitted documents to approve and launch the joint project.
Particular attention was given to resuming cooperation on financing the construction of the Kaniv PSP. This large-scale project is crucial for ensuring Ukraine’s energy independence and enabling its energy system to meet the growing demand for electricity.
Commenting on the meeting, Ihor Syrota stated:
"The European Investment Bank is a reliable partner proven through many years of cooperation, and today we have received yet another strong signal of support. By discussing future projects, we take an important step toward restoring our infrastructure, which is critically important for the stability of Ukraine's energy system."
This meeting reaffirmed the commitment of Ukrhydroenergo and the EIB to continue working together to ensure the resilience and modernization of Ukraine's energy sector, which remains a top priority even under martial law. 
