EDFI Ukraine launch: a €225 million guarantee programme backed by the EU to power Ukraine’s private-sector recovery
Signing ceremony held at the EDFI MC Corporate Day, “A Decade of Impact, A Future in Focus,” TheMerode, Brussels
BRUSSELS, Belgium – 29 September 2026 – At the EDFI Management Company’s (EDFI MC) Corporate Day, the European Commission, European Development Finance Institutions (EDFIs) and the Government of Ukraine marked the official launch and signing of EDFI Ukraine, a new €225 million guarantee programme backed by the European Union designed to mobilise investment for Ukraine’s economic recovery, reconstruction and long-term modernization, expected to mobilise €1.3 billion of investment, accompanied by €14.5 million of technical assistance dedicated to project preparation.
Managed by EDFI MC and backed by the EU’s Ukraine Investment Framework (UIF) – the investment arm of the €50 billion EU Ukraine Facility – ‘EDFI Ukraine’ brings together the European Commission, Ukraine and EDFIs to share risks and enable greater deployment of capital in Ukraine.
Marta Kos, European Commissioner for Enlargement, European Commission stated:“Ukrainian businesses need to keep operating, keep hiring and keep rebuilding, even as Russia’s terror continues. We are helping make this possible. By sharing investment risks, we are bringing in private capital to support Ukrainian businesses today and help build a modern economy more closely integrated with the EU.”
Russia’s war of aggression has placed unprecedented pressure on Ukraine’s economy and private sector, while the country’s recovery will require substantial investment alongside public support. By helping address the risks that can constrain financing in the country, EDFI Ukraine aims to sustain economic activity and create greater scope for EDFIs to support viable businesses through the challenges of the war and into the next phase of Ukraine’s development.
Yegor Perelygin, Deputy Minister of Economy and Environment of Ukraine added: “Ukraine does not only need reconstruction – it needs investment that de-risks our economy and connects our companies to European and global value chains. EDFI Ukraine gives our private sector something essential: access to affordable, risk-shared financing at a moment when it matters most. Every euro of guarantee has the power to unlock several more in private co-investment, and that is precisely how we rebuild a resilient, competitive and future-ready Ukrainian economy.”
The programme will support debt and equity investments of participating EDFIs and their public and private co-investors, including investments in Ukrainian corporates and funds. A particular focus will be on Ukraine’s renewable energy transition and priority value chains, supporting businesses that can contribute to the country’s long-term growth and economic transformation.
Joris Totté, Chief Executive Officer of BIO, said: “EDFI Ukraine gives European development finance institutions the means to translate our collective commitment into investment on the ground. No single institution can meet the scale of Ukraine’s needs alone. By sharing risk, pooling expertise and investing alongside one another, we can finance more businesses, mobilise more private capital and remain engaged for the long term. This is the strength of the EDFI community: acting together where our capital, mandate and experience can make the greatest difference.”
Dietske Simons, Chief Partnerships Officer, EDFI Management Company concluded “EDFI Ukraine is partnership in action – the European Commission, Ukraine and Europe’s development finance institutions aligned in their commitment to Ukraine’s recovery and growth. As the programme’s manager, EDFI MC’s role is to make that collaboration deliver: converting a €225 million guarantee into tangible financing for Ukrainian businesses. On the day we mark a decade of impact, launching EDFI Ukraine is a powerful statement about the future we are building – and about who we choose to stand beside.”
The programme builds on EDFI MC’s established track record in managing EU-backed instruments and channelling EFSD+ guarantees to EDFIs, extending this partnership model to support investment in Ukraine.
About the EDFI MC Corporate Day 2026
Held at The Merode in Brussels on 28 September 2026, this year’s Corporate Day — “A Decade of Impact, A Future in Focus” — marks ten years of EDFI MC partnering with European DFIs and development partners to channel private capital where it is needed most. The EDFI Ukraine signing takes place within a programme session dedicated to the “EDFI Ukraine Guarantee: A Partnership for Recovery and Resilience.”
About EDFI Management Company
EDFI Management Company (EDFI MC) is a multilaterally owned impact asset manager that delivers innovative development finance solutions, enabling European development finance institutions, development banks and private investors to increase the scale and impact of their investments. As a key implementing partner of the European Union, EDFI MC contributes to the Global Gateway strategy by mobilising private capital in developing and emerging markets, managing EFSD+ guarantee programmes and EU-funded facilities such as ElectriFI and AgriFI. EDFI MC focuses on business models, technologies and geographies where additional risk-sharing and structuring are needed to unlock investment. More information: www.edfimc.eu
About EDFI Ukraine
EDFI Ukraine is a joint guarantee programme developed by European Development Finance Institutions and EDFI Management Company under the EU’s Ukraine Investment Framework of the Ukraine Facility. Backed by a €225 million guarantee, the Programme supports equity and debt investments in renewable energy transition and priority value chains—including agriculture, industry, logistics, digital services, healthcare, and reconstruction—across Ukraine. Its goal is to mobilise significant additional financing, helping drive Ukraine’s economic recovery, reconstruction, and long-term modernisation. For more information see: EDFI Ukraine – EDFI MC
About the Ukraine Investment Framework
The Ukraine Investment Framework (UIF) is part of the EU’s €50 billion Ukraine Facility (UF). It aims at mobilising public and private investments contributing to Ukraine’s recovery and reconstruction, while advancing on its EU integration. European and international financial institutions implement programmes under the UIF by using EU guarantees, and technical assistance to mobilise investment. The Framework is guided by a UIF Steering Board led by the European Commission and EU Member States, with Ukraine and the European Parliament involved as observers.
Please find more information on the website https://uif.eu.
