Dragon Capital and Amber Infrastructure Close Ukraine's First Infrastructure Fund at $240 Million with EBRD, IFC, and EIB Backing
By
Olena Hrazhdan
If you only eat one bagel today, this is the bagel.
Summary
Dragon Capital, in partnership with Amber Infrastructure, has closed the first round of the Amber Dragon Ukraine Infrastructure Fund I (ADUIF) at €207 million ($240 million), marking Ukraine's first-ever dedicated infrastructure fund. The fund is anchored by major international financial institutions including the EBRD, IFC, and EIB. It aims to finance recovery and development of Ukraine's critical infrastructure—power generation, rail, and digital networks—which has been systematically targeted by Russian strikes during the ongoing war.
Key quotes
· 2 pulledDragon Capital called the fund the 'country's first-ever dedicated infrastructure fund'.
The fund's first close lands at a moment when Ukraine's infrastructure – power generation, rail, and digital networks – has been systematically targeted by Russian strikes and will need finance for recovery.
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