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BInF will finance a project for a new school and pre-school in the Kalnėnai neighbourhood of Vilnius. It is only the second new school built in the Lithuanian capital since the restoration of independence in 1990. Construction of the school and surrounding infrastructure will cost €11 million. Starting in early 2020, it will house the Queen Morta School and the Childhood Garden pre-school.
BaltCap has sold the largest transport infrastructure consultancy in Lithuania, Kelprojektas group to Swedish consultancy Tyréns. Kelprojektas is Lithuania’s largest engineering consultancy primarily involved with project engineering and design relating to bridges, railways and roads, but also offers services within water, the environment, traffic planning and landscape architecture.
The European Bank for Reconstruction and Development (‘EBRD’) commits to invest €20 million into the BaltCap Infrastructure Fund (‘BInF’). The President of EBRD, Sir Suma Chakrabarti signed the agreement today during a signature ceremony held at the Ministry of Finance of Estonia in Tallinn. With additional contribution from Citadele pension funds and existing investors, BInF has reached its hard cap of €100 million.
ESTONIA Tartu mnt. 2 / Tallinn 10145
Phone: +372 665 0280 / Fax: +372 665 0281
LATVIA Jaunmoku 34 / Riga LV-1046
Phone: +371 6721 4225 / Fax: +371 6735 6395
LITHUANIA J.Jasinskio 16b / Vilnius LT-03163
Phone: +370 5 254 6713 / Fax: +370 5 254 6978