A task force chaired by the Ministry of Transport and Communications of the government of Finland has recommended private sector involvement for the Helsinki-Tallinn Tunnel project. This involves the construction of an undersea railway tunnel linking the capital cities of Finland and Estonia, also called the FinEst Link.
Infrastructure/PPP news in Estonia
BaltCap, the largest private equity investor in the Baltic region, has launched BaltCap Infrastructure Fund (BIF) with the planned size of €100 million (US$114 million).
The European Investment Bank (EIB) has announced it is considering to invest in BaltCap Infrastructure Fund.
Finland and Estonia have agreed to study the possibility to develop the FinEst Link project,
Lords LB Asset Management has established Lithuania‘s first fund that will specialize in investments in energy and infrastructure projects in Lithuania,Latvia and Estonia. The Baltic Energy and Infrastructure Fund (BEIF) is expected to accumulate €200 million in assets under management within three years.