3SIIF raises additional EUR 290 million of commitments
Three Seas Initiative Investment Fund S.A. SICAV-RAIF (3SIIF) has successfully raised an additional EUR 290 million (US$ 350.74 million) of commitments. An additional commitment of EUR 250 (US$ 302.36 million) has been invested by Poland’s Bank Gospodarstwa Krajowego; EUR 20 (US$ 24.18 million) by VIPA, Lithuania’s Public Investment Development Agency, and EUR 20 (US$ 24.18 million) by HBOR, the Croatian Bank for Reconstruction and Development. This takes the Fund’s total commitments to EUR 913 million (US$ 1.10 billion).
3SIIF is a dedicated commercial fund targeting infrastructure investments in Central and Eastern Europe (CEE). The Fund invests in energy, transport, and digital infrastructure in European Union (EU) CEE member states which border the Baltic, Adriatic, and Black Seas.
Country updates
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February 05, 2021
Phoenix 10 mix use development PPP concession awarded
Walsall Metropolitan Borough Council and Homes England in the UK have awarded the Phoenix 10 mix-use development concession to Henry Boot Developments (HBD). HBD will take over remediation and re...
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February 04, 2021
Cellnex completes acquisition of CK Hutchison’s assets in Sweden
Cellnex Telecom has announced that it has closed the acquisition of CK Hutchison’s telecommunications tower assets in Sweden, the fourth country –after the closures in Austr...
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February 03, 2021
TfL gets approval for housing PPP in London
Transport for London (TfL) in the UK has been given approval from Ealing Council for a housing scheme that will provide hundreds of new high-quality and affordable homes in the local area. The scheme&...
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February 03, 2021
UK government announces GBP 794 million investment for railway infrastructure
The Ministry of Transport in the UK has announced GBP 794 million (US$ 1.08 billion) investment package to reopen 2 important rail routes closed more than 50 years ago. The new funding includes G...
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February 02, 2021
Concession signed for Lithuania's military facilities PPPs
Ministry of National Defence in Lithuania has signed Public-Private Partnership (PPP) contracts with Salvinta UAB and Partnerystės Projektai Keturi UAB. During the term of the contracts, the companies...
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