URIF Approves Additional Investments and Partnerships in Energy and Critical Minerals
WASHINGTON, D.C. and KYIV – The U.S.–Ukraine Reconstruction Investment Fund (URIF) today approved a number of new investments to advance the shared economic and strategic interests of the United States and Ukraine. These investments will help secure critical supply chains, strengthen Ukraine’s energy resilience, and develop its critical mineral sector.
“URIF’s first investment in March demonstrated that it was open for business. Today’s board approval of additional investments in Ukraine’s critical minerals and energy sectors signals investor support for Ukraine’s recovery and future prosperity,” said U.S. Treasury Secretary Scott Bessent. “These investments represent the continued realization of the vision behind the novel agreement that Prime Minister Svyrydenko and I signed in April 2025 to establish URIF and give America a direct stake in Ukraine’s long-term peace and prosperity,”
“Today's Board meeting marks an important step forward for the U.S.-Ukraine Reconstruction Investment Fund. These investments strengthen Ukraine's energy resilience, develop critical mineral resources, and support innovative Ukrainian companies. Together these projects are building the foundation for Ukraine's economic recovery and deepening the partnership between our countries,” said DFC CEO Ben Black.
“This round of investments shows the growing scope of the U.S.-Ukraine partnership, from energy and critical minerals to telecommunications and emerging technologies. For URIF, it is an important step in building a track record of investments that gives investors confidence in Ukraine. We want to see more Ukrainian companies develop through this partnership and create new opportunities for the Ukrainian economy,” said Oleksii Sobolev, Deputy Head of the Office of the President of Ukraine.
The joint U.S.-Ukrainian URIF board of directors approved the following today:
Today’s announcement comes one year after the United States and Ukraine established URIF’s initial capital base and launched the Fund’s operations, moving URIF from an institutional framework to capital deployment. The Fund made its first investment in emerging-technology company Sine Engineering in March of this year. In June, the U.S. International Development Finance Corporation signed a cooperation agreement with the Multilateral Investment Guarantee Agency (MIGA) to develop a political risk insurance framework that will catalyze and support private sector investment and capital mobilization in Ukraine in connection with URIF’s investments.
URIF is a joint U.S.–Ukrainian investment fund and a key pillar of the economic partnership between the Trump administration and the Government of Ukraine. The Fund harnesses American and Ukrainian talent, resources, and expertise to mobilize U.S. and aligned private capital and create strategic investment opportunities in Ukraine for the United States, its allies, multilateral development banks, and private investors. URIF focuses on investments that support Ukraine’s reconstruction, supply chain resilience, and the shared economic security and prosperity of Ukraine and the United States.
For more information and to submit a project proposal, please visit URIF’s website: https://urifinvest.com.