From June 2024 through February 1, 2026, Ukrainian banks financed business projects to develop 1.373 GW of generation capacity, according to the National Bank of Ukraine (NBU). The increase in January amounted to 2.3%, or 31 MW, the regulator said on its website Tuesday.

As of February 1, 2025, projects related to energy storage and heat generation totaling 556 MW had also been financed. In January, this figure increased by 2.4%, or 13 MW.

Overall, under the memorandum on financing the restoration of energy infrastructure, banks provided funding for projects in 21 regions of Ukraine totaling UAH 36.6 billion. This included nearly 3,000 loans to businesses totaling UAH 34 billion and more than 14,000 loans to households totaling UAH 2.6 billion.

Taking into account previously announced data, business financing increased by 3.3%, or UAH 1.1 billion, in January, while financing to households grew by 8.3%, or UAH 0.2 billion.

According to the regulator, the gross loan portfolio for energy projects, taking repayments into account, increased by UAH 0.8 billion, or 3.4%, to UAH 24.2 billion for legal entities in January, while in the retail segment it rose by UAH 0.2 billion, or 10.5%, to UAH 2.1 billion.

As previously reported citing NBU data, in December banks financed new generation development projects totaling 48 MW, and energy storage and heat generation projects totaling 3 MW.