The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) plan to invest €60 million and €40 million, respectively, in the new Amber Dragon Ukraine Infrastructure Fund I. The total size of the fund is set at €350 million, with its main goal being the development of infrastructure projects in Ukraine.
This is reported by Finway
Priority Investment Areas
Amber Dragon Ukraine Infrastructure Fund I will focus on financing initiatives in the fields of renewable energy, sustainable transport, and digital infrastructure. This will enable Ukraine to attract more investments for the modernization of key sectors of the economy and promote sustainable development.
Key Participants in the Fund
EBRD will act as the anchor investor in the fund, which is expected to stimulate the involvement of other institutional investors and enhance funding for infrastructure solutions in Ukraine. The fund is initiated by the British company Amber Fund Management Ltd, which has been managing international infrastructure investments for over 15 years. The Ukrainian investment company Dragon Capital has also joined the process of establishing the fund, providing local expertise and institutional support.
“EBRD will serve as the anchor investor, which is expected to facilitate the attraction of additional institutional investors and expand funding for sustainable infrastructure solutions in Ukraine.”
The final decision regarding EBRD’s participation in the fund is scheduled to be considered at the board meeting on September 24. Currently, EIB is in the process of evaluating the project.