The announcement reaffirms DFC’s commitment to the goals of the Three Seas Initiative and energy security in Central and Eastern Europe (“CEE”), and further cements the United States as a key transatlantic partner of the region. In addition, it reiterates the broader alignment between DFC and 3SIIF, both of which are committed to a long-term partnership to support the region’s growth ambitions.
DFC’s up to $300 million in financing will enable the Fund to continue building a geographically diversified portfolio across the Three Seas region, initially supporting investments in energy infrastructure and transportation, facilitating the green transition and contributing to energy security in Europe in line with the Three Seas Initiative and U.S. goals.
DFC’s investment follows the continued success of the Fund since its launch in 2020, which was founded and cornerstoned by the region’s development banks. To date, 3SIIF has successfully committed over €800 million across nine countries, contributing to the economic growth and diversification of the CEE region. Advised by Amber Infrastructure Group, 3SIIF has invested in industry-leading projects across sectors including Cargounit, CEE’s largest locomotive provider, Greenergy Data Centers, the Baltics’ most advanced data center, and BMF Port Burgas, a Black Sea port that has grown to become a key hub for international trade entering the region. In the energy sector, investments in R.Power Renewables, one of Europe’s fastest-growing PV companies, and Enery, a renewable energy platform, demonstrate the intent to invest in sustainable and innovative projects.
DFC CEO Scott Nathan shared, “Today’s announcement reaffirms the U.S. commitment to our partners in the Three Seas region. We are working together to promote energy security and regional economic development, to strengthen geopolitical ties, and to counter Russian aggression in Europe. We are confident that our strong relationship with the Three Seas countries will present additional opportunities for DFC to grow values-based, high-standard investment into the private sector throughout the region.”
Bartosz Drabikowski, Chair of the Fund’s Supervisory Board, said, “This marks a significant milestone in our valued partnership with DFC and our efforts to support sustainable development in the region. With this capital, we will be able to fast-track the next phase of investments to drive economic growth and connectivity across the Three Seas region.”
Gavin Tait, CEO of Amber Infrastructure Group, added, “We’re delighted to work alongside our partners in the U.S., and we share their passion and enthusiasm for achieving our mutual goals in growing this exciting region. Amber is proud of its ongoing work in the region, and looks forward to continuing the relationship over the coming years.”
3SIIF
3SIIF is a dedicated commercial fund targeting infrastructure investments in Central and Eastern Europe (‘CEE’). It invests in energy, transport and digital infrastructure in European Union (‘EU’) CEE member states which border the Baltic, Adriatic and Black Seas where the demand for long-term commercial investment into national infrastructure is among the highest in the EU. The Three Seas Region is comprised of 12 EU CEE member states which border the Baltic, Adriatic and Black Seas.
Amber Infrastructure Group is the exclusive investment adviser to 3SIIF and is responsible for origination, asset management and capital raising services.
DFC
The U.S. International Development Finance Corporation (DFC) is the U.S. Government’s development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. DFC invests across sectors including energy, healthcare, infrastructure, agriculture, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.
