Impact Fund Denmark is investing EUR 12 million in the Amber Dragon Ukraine Infrastructure Fund I, a newly established fund focused exclusively on Ukraine. The investment aims to support critical infrastructure that enables businesses to operate, sustain jobs, and maintain essential services while laying the groundwork for long-term, sustainable economic growth.
The fund prioritizes projects in renewable energy, logistics, and digital infrastructure, enhancing the resilience of Ukraine’s essential systems and improving energy security. These initiatives help businesses continue operations, protect employment, and provide stability in a market under significant pressure, directly supporting the many people and companies working daily to keep the country’s economy functional.
Supporting Ukraine goes beyond defence assistance; it also requires ensuring that vital systems—energy, connectivity, and logistics—remain operational under challenging conditions. This investment strengthens resilience where it matters most while establishing a foundation for sustainable economic development in the longer term, as highlighted by Svitlana Babak Andersen, Managing Director and Co-Head of Ukraine at Impact Fund Denmark.
The commitment was made as part of the fund’s first close, announced in Davos alongside several international development and financial institutions. Impact Fund Denmark participates as a long-term commercial impact investor, contributing capital, risk-sharing, and experience from complex markets. Through this investment, the fund helps mobilize international capital to keep businesses active and support the people who sustain Ukraine’s economy.







