I look forward to promoting stronger U.S.-Latvia ties and working with AmCham members to ensure Latvia is a trusted destination for international business.
John Tully, Chairman of the Board of MikroTik
BaltCap held the first closing of its €200 million target BaltCap Infrastructure Fund II (BInF II). The 20-year successor fund aims to contribute to increasing the resilience of the region with a focus on renewable energy generation, energy demand reduction, and social as well as transport infrastructure investments in the Baltics and Poland. The fund is an Article 9 fund under the EU Sustainable Finance Disclosure Regulation.
The new fund will continue the proven strategy of its predecessor BaltCap Infrastructure Fund I, with a goal of financing infrastructure projects with positive environmental and social impact. BInF II will primarily focus on investments in renewable energy projects, such as wind farms, solar parks, and biomass and biogas plants. It will also continue to help local municipalities to increase the energy efficiency of their buildings as well as provide essential services, including establishing and renovating schools, public buildings, and other social infrastructure.
BInF II is an Article 9 fund under the EU Sustainable Finance Disclosure Regulation, which means it has set sustainable investment as its objective.
Source: Labs of Latvia
We re-affirm our commitment to the values that AmCham stands for and that we share.
Kārlis Danēvičs, Board member, Head of Credits and Risk at SEB Banka