BaltCap Infrastructure Fund (BInF) which has a target size of €100m provides development capital for transport, energy, energy efficiency and other infrastructure projects in the Baltic region. BInF is investing between €3 and €12 million per project. BaltCap Infrastructure Fund investment strategy is based on the highest environmental, social, governance standards and climate change mitigation criteria. The fund has a duration of 20 years.
BaltCap Infrastructure Fund is an answer to the rising investment needs in transport, energy efficiency, and renewable energy sectors in the region. Particularly, it addresses the continuing and potentially growing demand for equity capital for the implementation of infrastructure projects. It thus encourages economic growth by promoting the competitiveness of the Baltic region and improving the business environment. What is equally important, BInF will create new jobs and by its focus on renewable energy and energy efficiency it significantly contributes to the climate change agenda.
The anchor investor of the fund is the European Investment Bank, which has commited to invest €20 million into the fund. This EIB support is guaranteed under the European Fund for Strategic Investments (EFSI), a central element of the Juncker’s Commission Investment Plan for Europe launched to overcome the current invetsment gap in the EU by mobilising private financing for strategic investments.