Deals Counterparts

Amber Dragon Ukraine Infrastructure Fund I first closing of EUR 200 million

Investment Energy announced Ukraine Jan 21, 2026
USD200M
Deal Value
36.8 MW
Capacity
Power One (Power 1 LLC)
Project

Amber Dragon Ukraine Infrastructure Fund I announces its first closing of EUR 200 million with participation from EBRD, EIB, IFC, Swedfund and Impact Fund Denmark. The fund is managed by Dragon Capital and Amber Fund Management Limited and has a target volume of EUR 350 million.

Source Intelligence

KEY DETAILS

The fund has a target volume of EUR 350 million. Quote: "which has a target volume of EUR 350 million." Dragon Capital is investing EUR 20 million of its own into the new fund. Quote: "Dragon Capital is investing EUR 20 million of its own into the new fund." EIB is investing EUR 50 million in the new fund. Quote: "An EIB representative noted that the bank is investing EUR 50 million in the new fund." Swedfund's contribution to the fund amounted to EUR 20 million. Quote: "A Swedfund representative clarified that its contribution to the fund amounted to EUR 20 million." The EBRD announced its decision to allocate EUR 60 million to the Amber Dragon Ukraine Infrastructure Fund I. Quote: "Previously, the EBRD announced its decision to allocate EUR 60 million to the Amber Dragon Ukraine Infrastructure Fund I" The IFC announced its decision to allocate EUR 40 million. Quote: "and the IFC announced its decision to allocate EUR 40 million."

Deal Size
Amber Dragon Ukraine Infrastructure Fund I announces its first closing of EUR 200 mln
Capacity
It envisages the installation of 36.8 MW of gas piston units (GPUs) and 31.5 MW of energy storage systems (ESS) in Zakarpattia region.
Location
It envisages the installation of 36.8 MW of gas piston units (GPUs) and 31.5 MW of energy storage systems (ESS) in Zakarpattia region.
Financials
The EBRD provided a EUR 22.3 million loan for a total project cost of EUR 41.8 million.
Announcement
18:41 21.01.2026 Amber Dragon Ukraine Infrastructure Fund I announces its first closing of EUR 200 mln
PARTIES MENTIONED IN SOURCE
E
EBRD investor

"The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the International Finance Corporation (IFC) from the World Bank Group, Swedfund and Impact Fund Denmark participated in the first closing"

E
EIB investor

"The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the International Finance Corporation (IFC) from the World Bank Group, Swedfund and Impact Fund Denmark participated in the first closing"

I
IFC investor

"The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the International Finance Corporation (IFC) from the World Bank Group, Swedfund and Impact Fund Denmark participated in the first closing"

S
Swedfund investor

"The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the International Finance Corporation (IFC) from the World Bank Group, Swedfund and Impact Fund Denmark participated in the first closing"

I
Impact Fund Denmark investor

"The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the International Finance Corporation (IFC) from the World Bank Group, Swedfund and Impact Fund Denmark participated in the first closing"

D
Dragon Capital manager

"Amber Dragon Ukraine Infrastructure Fund I, managed by Dragon Capital and Amber Fund Management Limited"

A
Amber Fund Management Limited manager

"Amber Dragon Ukraine Infrastructure Fund I, managed by Dragon Capital and Amber Fund Management Limited"

high quality Enriched Feb 19, 2026

Timeline

Announced
Jan 21, 2026
Signed
Closed

Market Context

This deal is part of the Energy sector in Ukraine.
3
Energy deals
14
deals in Ukraine
1 of 3 Energy deals tracked this month · Updated daily

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