CEE Infrastructure Investment

Infrastructure capital for a region building its future

Atrium Infrastructure advises and manages investment in essential assets across the eleven Central and Eastern European member states of the EU.

Electric passenger railway crossing a Central European river valley
Rail
Wind and solar energy infrastructure in a European landscape
Energy
Modern data centre campus and electricity network
Digital
ElevenEU member states
€850m+Previously deployed in CEE by the founders
300+Opportunities reviewed since 2019
01

The Mandate

Investment inside the European Union, focused on long-term infrastructure demand

Central and Eastern Europe is integrating more deeply with the EU while renewing the assets that support energy security, mobility and digital growth.

Atrium works with investors seeking direct exposure to this build-out. The firm originates and structures investments, supports diligence and negotiation, and manages assets after financial close.

The focus is on physical infrastructure that provides an essential service under long-term contract, regulation or an availability regime.

How Atrium invests
Investment GeographyBucharest based
Equal-area map of the European Union highlighting Atrium's eleven focus countries
  • Bulgaria
  • Croatia
  • Czechia
  • Estonia
  • Hungary
  • Latvia
  • Lithuania
  • Poland
  • Romania
  • Slovakia
  • Slovenia

Eurostat/GISCO 2024 · ETRS-LAEA equal-area projection

Atrium is focussed on the EU member states in central and eastern Europe

Why Atrium

Local presence. Regional access. Independent focus.

01

Based in the region

A Bucharest-based team investing across the eleven CEE member states of the EU, providing on-the-ground coverage of markets often approached from a distance.

02

Regional deal access

Long-standing relationships with governments, development banks, sponsors and developers, built through investment and financing work across Central and Eastern Europe.

03

Independent and focused

A specialist CEE infrastructure business aligned with long-term investors and focused on a region where investment need exceeds the supply of dedicated capital.

Sector Focus

Essential assets with durable demand

Atrium concentrates on sectors where regional investment needs and the team’s experience are strongest.

Modern European container port with rail connections01

Transport

Rail and rolling stock, ports, roads and public transport, including the north–south links central to regional integration.

Battery energy storage system integrated with a wind farm02

Energy

Renewable generation, battery storage, grids and networks, and renewable fuels supporting a more secure and flexible energy system.

Complete modern data centre campus and electricity infrastructure03

Digital

Data centres, fibre and towers serving rising data use and the connectivity needs of growing regional economies.

Modern hospital and diagnostic complex at dusk04

Healthcare and Social Infrastructure

Hospitals, diagnostic centres and other social assets providing essential services to communities across the region.

Modern materials recovery and waste recycling facility05

Other Essential Infrastructure

Water and waste management and urban regeneration supporting resilient, efficient and liveable cities.

02

Investment Approach

From regional access to active asset management

Atrium’s work spans the investment lifecycle, with senior involvement from initial screening through ownership and exit preparation.

  1. 01

    Originate

    Identify proprietary and intermediated opportunities through local relationships and sector coverage.

  2. 02

    Structure

    Define the investment perimeter, revenue protections, governance and capital plan.

  3. 03

    Execute

    Coordinate diligence, financing and negotiation through to financial close.

  4. 04

    Manage

    Take board positions, monitor construction, commercial delivery, optimise capital structure and performance against the investment case.

Ways To Work With Atrium

Flexible access to individual assets and regional programmes

Direct Investment

A single asset or platform sourced and executed by Atrium, with the investor holding the equity.

Co-investment

Participation alongside capital managed by Atrium on the terms negotiated for that transaction.

Programmatic Mandates

A standing mandate to originate and execute against an agreed strategy, with asset management for the holding period.

Founders

Infrastructure investment experience in the region

Two careers spanning investment, banking and infrastructure delivery across Central and Eastern Europe and Western Europe.

Joe Philipsz

Co-founder and Chair

Joe Philipsz

Thirty-five years across the infrastructure investment lifecycle. Former Head of the Three Seas Initiative Investment Fund and Managing Director at Dalmore Capital. Chair of Scottish Futures Trust.

Dorin Badea

Co-founder and Chief Executive

Dorin Badea

Twenty-five years in CEE banking, capital markets and infrastructure. Former Senior Investment Director at Amber Infrastructure and a founding board member of the Three Seas Initiative Investment Fund.

The founders’ prior deployment and opportunity-review figures relate to their work at the Three Seas Initiative Investment Fund and are stated as at their departure in 2023. Past performance does not indicate future results.

Contact

Discuss infrastructure investment in Central and Eastern Europe

For investors and strategic partners seeking direct access to the region.