Investing in Ukraine's infrastructure, mid-war: An interview with Amber Infrastructure
As Russian strikes continue to batter Ukraine's power grid, railways, ports, and factories, investing in the country's infrastructure might seem like an odd bet. But regardless of the circumstances on the ground, there's always a need for infrastructure, Dominykas Tuckus, Ukraine lead and managing director at Amber Infrastructure, tells the Kyiv Independent in an interview. "The only question is…
Amber Infrastructure and Dragon Capital have launched a two-year infrastructure investment fund specifically for Ukraine, the first of its kind. The $240 million initial funding round was closed in May, with the goal of improving electricity, transportation, and digital services across the country. The fund will also help rebuild Ukraine by upgrading basic infrastructure, such as power plants, roads, and communications.
The energy sector alone requires nearly €90 billion to rebuild what Russia has destroyed. Amber Infrastructure's managing director, Dominykas Tuckus, explains that investing in Ukraine's infrastructure is a long-term strategy, as it typically takes time to originate deals, build a pipeline of transactions, and set up a fund. They chose to focus on distributed assets, such as renewable energy, which fit better with the current realities on the ground.
Written by urgent.news from Kyiv Independent's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.