U.S.-Ukraine Reconstruction Investment Fund's seed capital to stand at $150 mln

MOSCOW. Sept 17 (Interfax) - The U.S. International Development Finance Corporation (DFC) has announced a $75 million equity commitment to the U.S.-Ukraine Reconstruction Investment Fund, Ukrainian media reported on Wednesday.

The Ukrainian authorities will allocate a similar amount for the fund. This investment is expected to play a positive role in accelerating 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 capital will support the initial investment stage ahead of the gradual Ukrainian royalty contributions [rent payments] to the fund," the DFC said on its website.