Business news from Ukraine

“Ukrhydroenergo” and AECOM sign memorandum on joint restoration of hydropower generation

During the Ukraine Recovery Conference in Berlin, Ukrhydroenergo and the international corporation AECOM signed a memorandum of cooperation in the implementation of projects aimed at restoring and reconstructing hydropower facilities.

According to the website of the operator of Ukrainian hydroelectric power plants and pumped storage plants on Tuesday, AECOM will act as a technical consultant for the restoration of Ukraine’s hydropower infrastructure.

“AECOM has many years of professional experience in the development, design and reconstruction of hydropower facilities and dams around the world. The signing of the Memorandum and our cooperation will be another important step in the restoration of the damaged Ukrainian energy infrastructure in general, and hydropower generation in particular,” said Ihor Syrota, CEO of Ukrhydroenergo, as quoted in the company’s statement.

According to him, the signing of the memorandum will also help create incentives and guarantees at the state level to attract investment and innovative technologies in the energy sector.

“We are proud to cooperate with Ukrhydroenergo, and we are strengthening our role in supporting the restoration of Ukraine’s critical infrastructure,” AECOM CEO Troy Rudd said, as quoted by the press service of Ukrhydroenergo.

, , , ,