Estonia and Latvia join the Three Seas Initiative Investment Fund

 

Bucharest, September 17, 2020 –

The Three Seas Initiative Investment Fund S.A. SICAV-RAIF (‘3SIIF’, ‘the Fund’) has successfully raised an additional €40 million of commitments. €20 million have been invested by both the Estonian Ministry of Finance and by ALTUM, Latvia’s state-owned development finance institution.

Estonia and Latvia join cornerstone investors Bank Gospodarstwa Krajowego (‘BGK’) and EximBank Romania and take the Fund’s total commitments to €560 million.

3SIIF is a dedicated commercial fund targeting infrastructure investments in Central and Eastern Europe (‘CEE’).  The Fund will invest in energy, transport and digital infrastructure in European Union (‘EU’) CEE member states which border the Baltic, Adriatic and Black Seas where the demand for long-term commercial investment into national infrastructure is among the highest in the EU.

More information about 3SIIF can be found at www.3siif.eu. Further information about Amber Infrastructure can be found here: www.amberinfrastructure.com

Important Notice

This announcement does not constitute or form part of, and should not be construed as, an offer, invitation or inducement or recommendation to make an investment nor shall it or any part of it form the basis of, or be relied upon in connection with, any contract or commitment whatsoever.

Notes

Amber Infrastructure Group is the exclusive investment adviser to the Fund.

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