DFC Kickstarts US-Ukraine Reconstruction Investment Fund with $75 Million Seed Capital Equity Investment

WASHINGTON, D.C. - The U.S. International Development Finance Corporation (DFC) today announced a $75 million equity commitment to the U.S.-Ukraine Reconstruction Investment Fund that will provide seed capital to jumpstart the fund's investment in critical minerals, hydrocarbons, and related infrastructure in Ukraine.

DFC's seed capital equity investment will be matched by the Ukrainian Government, for a combined total of $150 million. The investment will support Ukraine's reconstruction and long-term economic recovery, strengthen U.S. natural resources supply chains, and advance U.S. economic growth, security, and innovation. The capital will support the initial investment stage ahead of the gradual Ukrainian royalty contributions to the fund.

"By deploying this initial capital, we aim to catalyze private sector investments in Ukraine through the fund's investments, to rebuild critical infrastructure, unlock natural resources, and generate economic prosperity for the United States and Ukraine. This investment underscores DFC's partnership with Ukraine to help advance the country's recovery and both our countries' access to critical natural resources essential to safeguarding national security," said Conor Coleman, DFC's Head of Investments and Chief of Staff.

"This fund advances strategic priorities for both the United States and Ukraine. Together, we are actively developing new opportunities for American businesses in critical markets and stimulating Ukraine's economy and recovery. This fund will make America more prosperous and secure, while also unlocking Ukraine's boundless economic potential and further strengthening our strategic partnership," said U.S. Ambassador Julie Davis.

"Ukraine is matching the United States' contribution, underscoring our shared commitment to invest together through the Reconstruction Investment Fund. The Fund will finance projects that rebuild critical infrastructure, scale emerging technologies, and responsibly develop our natural resources. These investments will create jobs in both countries and enable American and Ukrainian companies to work together. Our partnership will de-risk global supply chains and mobilize private capital to anchor Ukraine's reconstruction and security," said Oleksii Sobolev, Ukraine's Minister of Economy, Environment and Agriculture of Ukraine.

The fund will leverage American talent, resources, and governance standards to improve Ukraine's investment climate and spur new, strategic investment opportunities for the United States, other allies, and aligned private sector partners, including multilateral development banks and other private sector investors. It will prioritize investments in natural resources, energy, infrastructure, and critical mineral supply chains that are essential to advancing U.S. economic prosperity and vital to both U.S. and Ukrainian national interests.

DFC's announcement follows the inaugural board meeting of the fund on September 3 where DFC was appointed Chair of the fund's board. At the meeting, the Board also adopted committee charters and discussed valuation protocols that will facilitate the crediting of preferred shares in the fund to the United States for new military assistance it delivers to Ukraine.

This transaction may be subject to additional steps prior to commitment and closing, including congressional notification.

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The U.S. International Development Finance Corporation (DFC), established in 2019 with bipartisan support under President Trump, is America's development finance institution. DFC partners with the private sector to advance U.S. foreign policy and strengthen national security by mobilizing private capital around the world. DFC invests across strategic sectors including critical minerals, modern infrastructure, and advanced technology - fostering economic development, supporting U.S. interests, and delivering returns to American taxpayers.