The European Bank for Reconstruction and Development (EBRD), together with the European Investment Bank (EIB), is initiating the launch of a new infrastructure fund, Amber Dragon Ukraine Infrastructure Fund I, with a target size of €350 million. The main goal of the fund will be to support key infrastructure projects in Ukraine, with a particular focus on the development of renewable energy, sustainable transport, and digital infrastructure.
This is reported by Business • Media
Strategic Partnership and Investment Attraction
The EBRD plans to invest €60 million in the fund, while the EIB will contribute €40 million. The EBRD will act as an anchor investor, which is expected to send a strong signal to attract additional institutional investors to expand financing for infrastructure solutions that align with sustainable development principles. The fund is being initiated by the British company Amber Fund Management Ltd, which has over 15 years of experience in managing international infrastructure investments. Leading Ukrainian investment company Dragon Capital is also involved in the formation of the fund, providing local expertise and institutional support.
“The EBRD will act as an anchor investor, which is expected to facilitate the attraction of additional institutional investors and expand financing for sustainable infrastructure solutions in Ukraine.”
Approval Stages and Next Steps
The issue of the EBRD’s participation in the fund will be considered at the bank’s board meeting scheduled for September 24. Meanwhile, the EIB is currently assessing its potential involvement in this project. The new fund is set to become an important tool for implementing large-scale infrastructure initiatives that will contribute to the economic recovery and development of Ukraine.