Tuesday, 02 January 2024 12:17 GMT

Ukrenergo Repays Over UAH 2B In Debt To Guaranteed Buyer


(MENAFN- UkrinForm) Vitalii Zaichenko, Chairman of Ukrenergo Management Board, said in a comment to Ukrinform.

“Ukrenergo's debt to the Guaranteed Buyer has decreased. Since the start of the year, we've repaid over UAH 2 billion,” he said.

However, he noted that resolving the broader debt issue on the balancing electricity market remains a long-term challenge due to the large volume of accumulated liabilities.

Read also: New power outages due to Russian shelling - Ukrenergo

According to Ukrenergo's website, as of October 10, the company's total debt on the balancing market stood at UAH 17.6 billion, while market participants owed Ukrenergo UAH 39.7 billion.

As previously reported, between January 1 and September 30, 2025, the Guaranteed Buyer paid UAH 47.25 billion to renewable energy producers.

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