That is not accurate. BlackRock does not rebuild. They are an investment group.
BlackRock and JPMorgan are backing a $15 billion investor fund to rebuild Ukraine
It would cost almost half-a-trillion dollars to reconstruct Ukraine
A coalition of investors, with support from BlackRock and JPMorgan, are aiming to put together $15 billion in aid to rebuild Ukraine. In a new group known as the Ukraine Development Fund, they are supporting investments from state bodies and capital markets; the fund will bring together a consortium of investors to finance at least $15 billion of reconstruction work in the country after two years of Russian invasion.
The Financial Markets Advisory Group of BlackRock has five members working on the fund, along with JPMorgan Chase staff members. Both institutions are providing their services for free.
Last month, the World Bank and other organizations estimated the total cost of rebuilding Ukraine after Russia’s invasion
at almost $500 billion. In an interview with Bloomberg, Philipp Hildebrand, vice chairman of BlackRock Inc., said the Ukraine Development Fund is poised to secure at least $500 million from countries, development banks, and other grant providers.
https://qz.com/blackrock-jpmorgan-p...new group known,two years of Russian invasion.