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Gek Terna – Ukrhydroenergo: Landmark Agreement for Pumped Storage and Hydroelectric Projects Worth €1.5 Billion in Ukraine

Summary by Protothema
The agreement for a 1,263 MW plant and a new 220 MW pumping station was signed in Kiev, with the prospect of international financial support from EBRD and EIB

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The agreement for a 1,263 MW plant and a new 220 MW pumping station was signed in Kiev, with the prospect of international financial support from EBRD and EIB

Terna's collaboration with the Ukrainian Ukrhydroenergo for the joint development and implementation of large hydroelectric and pumped storage projects in Ukraine, with a total budget of approximately 1.5 billion euros,... Terna – Ukrhydroenergo cooperation on track for 1.5 billion euro projects - SHIPPING

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Protothema broke the news in on Tuesday, February 24, 2026.
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