Wind turbines are seen at the Orivska Wind Farm near Oriv, Lviv Oblast, Ukraine, on May 25, 2026. (Marian Pavlyk / AFP via Getty Images)As Russian strikes continue to batter Ukraine's power grid, railways, ports, and factories, investing in the country's infrastructure might seem like an odd bet.But regardless of the circumstances on the ground, there's always a need for infrastructure, Dominykas Tuckus, Ukraine lead and managing director at Amber Infrastructure, tells the Kyiv Independent in an interview."The only question is what kind of infrastructure you can build under these circumstances," he says.London-headquartered Amber Infrastructure and Ukraine's leading investment firm Dragon Capital think they have the answer to that: the Amber Dragon Infrastructure Fund — a two-year effort launched in Davos at the start of the year and backed by international financial institutions. The firms say it's the first fund ever dedicated specifically to infrastructure in Ukraine.Dominykas Tuckus, managing director at Amber Infrastructure. (Amber Infrastructure)In May, the fund closed its first full funding round with $240 million for projects meant to help keep the lights on during emergencies, improve internet and digital services, and reduce delays in shipping and transportation.The fund will also help Ukraine rebuild by upgrading basic infrastructure — like power, roads, and communications."Nobody's going to rebuild the old, outdated centralized power plants — whatever gets rebuilt will be new, updated infrastructure rather than the old stuff," Tuckus says. In the energy sector alone, nearly 90 billion euros is needed to rebuild what Russia has destroyed.