4 posts found.
Selected Category: Europe
Opportunities in Ukraine – Finnfund targets projects where Finnish companies are involved
Over two years have passed since Russia invaded Ukraine. At the moment, Russia occupies almost a fifth of Ukraine’s territory, and there is no resolution in sight. There are multiple different scenarios for the future, but the core expectation among international analysts is a protracted war. The conflict is likely to change into a stalemate […]
Read moreAugust 5, 2024
Finnfund’s 15 million USD investment in Horizon Capital Growth Fund IV provides growth equity capital to Ukrainian technology and export-oriented companies
Kyiv-based Horizon Capital Surpasses its 250 million USD target at in-person signing ceremony with president Volodymyr Zelenskyy and investors Horizon Capital, a U.S. private-equity firm investing primarily in fast-growing tech and export-oriented companies in Ukraine, announced that its latest fund, Horizon Capital Growth Fund IV, has reached $254 million at its Interim Closing held today […]
Read moreApril 28, 2023
Finnfund to finance a power plant to reduce the emissions from a steelworks in Bosnia Herzegovina
Finnish development financier Finnfund has committed 1,8 million euros to a power plant in the city of Zenica, in Bosnia Herzegovina. The power plant will utilize the coke and blast furnace gases from the Arcelor Mittal’s steelworks as fuel and significantly reduce the air emissions of the power production. The plant will replace an old […]
Read moreOctober 5, 2018
Finnfund to finance the largest wind farm in Serbia
Finnfund, together with Taaleri Aurinkotuuli, a Finnish investment fund, has made an investment in Cibuk 1 wind farm, located in Vojvodina, Northern Serbia. The 158 MW wind farm will consist of 57 GE turbines, and once operational, can produce up to 475 GWh of power per year. The wind farm is expected to reach full […]
Read moreNovember 29, 2017