Estonia, Latvia joins Three Seas Initiative Investment Fund

The Three Seas Initiative Investment Fund (3SIIF) has raised an additional €40 million of commitments. The total includes €20 million invested by both the Estonian Ministry of Finance and by ALTUM, Latvia’s state-owned development finance institution. 

Estonia and Latvia join cornerstone investors Bank Gospodarstwa Krajowego and EximBank Romania and take 3SIIF's total commitments to €560 million.

The fund is a dedicated commercial fund targeting infrastructure investments in Central and Eastern Europe. It will invest in energy, transport and digital infrastructure in European Union CEE member states which border the Baltic, Adriatic and Black Seas.