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Ignitis Group provides EUR 4 million to restore Ukraine's electricity generation capacity

AB 'Ignitis grupė' (hereinafter - the Group) informs that it has allocated EUR 4 million in financial humanitarian aid to Ukraine. These funds will be used to acquire equipment that will create additional 120 MW of electricity generation capacity in the war-torn country. It is estimated that this capacity will ensure electricity supply to approximately 420 thousand Ukrainian households and contribute to the restoration of vital functions.

The funds will be directed to the Ukraine Energy Support Fund, coordinated by the Energy Community Secretariat, an international organisation dedicated to rebuilding Ukraine's energy infrastructure.

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