Swedfund invests in Horizon Capital Catalyst Fund
EUR20M
Deal Value
Swedfund invests EUR 20 million in Horizon Capital Catalyst Fund (HCCF), a new platform targeting critical sectors for Ukraine’s reconstruction, including renewable energy, industry and digital infrastructure.
Deal Analysis
Swedfund's EUR 20 million investment in the Horizon Capital Catalyst Fund (HCCF) signifies a commitment to Ukraine's future reconstruction, specifically targeting renewable energy, industry, and digital infrastructure. HCCF, as a new platform, aims to channel investments into sectors deemed critical for the country's recovery. This investment aligns with Swedfund's mandate as a development finance institution to support sustainable businesses in developing countries. The presence of Amber Dragon Ukraine Infrastructure Fund I suggests a broader investment landscape focused on Ukrainian infrastructure, indicating a growing interest in the country's long-term development.
This deal is notable for its focus on Ukraine's reconstruction efforts amidst ongoing challenges. The involvement of Swedfund, a state-owned development finance institution, lends credibility and potentially attracts further investment. The targeted sectors – renewable energy, industry, and digital infrastructure – are crucial for modernizing Ukraine's economy and ensuring its long-term sustainability. The investment into a new platform, HCCF, suggests a forward-looking approach to addressing Ukraine's specific needs.
- EUR 20 million investment by Swedfund into Horizon Capital Catalyst Fund (HCCF).
- HCCF targets critical sectors for Ukraine's reconstruction: renewable energy, industry, and digital infrastructure.
- Swedfund's involvement as a development finance institution adds credibility.
- The presence of Amber Dragon Ukraine Infrastructure Fund I indicates broader investor interest in Ukrainian infrastructure.
Market Context: Ukraine's infrastructure sector requires significant investment for modernization and reconstruction, particularly in renewable energy, industry, and digital infrastructure. The presence of funds like Amber Dragon Ukraine Infrastructure Fund I indicates existing investor interest, though the ongoing conflict presents unique risks and challenges.
Source Intelligence
KEY DETAILS
The investment reflects Swedfund’s continued commitment to strengthening the resilience and recovery of Ukraine’s private sector. "Quote: The investment reflects Swedfund’s continued commitment to strengthening the resilience and recovery of Ukraine’s private sector."
“
Deal Size
Swedfund invests EUR 20 million in Horizon Capital Catalyst Fund (HCCF)
“
Location
Swedfund invests to support critical sectors for Ukraine’s reconstruction
“
Announcement
Press January 29, 2026 Swedfund invests to support critical sectors for Ukraine’s reconstruction
PARTIES MENTIONED IN SOURCE
H
Horizon Capital Catalyst Fund
investee
"Swedfund invests EUR 20 million in Horizon Capital Catalyst Fund (HCCF)"
high quality
Enriched Feb 19, 2026
Timeline
Announced
Jan 29, 2026
Signed
Closed
Counterparts (3)
Market Context
This deal is part of the Renewable Energy sector in Ukraine.
94
Renewable Energy deals
14
deals in Ukraine
Source
www.swedfund.se
1 of 94 Renewable Energy deals tracked this month · Updated daily
Global Infrastructure Sherpa