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Amber is a leading international investment manager. For over 15 years, we have mobilised capital into essential, responsible infrastructure.
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We source, finance and manage infrastructure assets for both the public and private sectors, applying an integrated approach throughout the lifecycle of each investment.
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Biddeford Downtown Redevelopment

Urban Development

Amber worked with the City of Biddeford, Maine to finance and construct critical aspects of their downtown redevelopment masterplan including parking, utilities, parks and civic infrastructure assets.

Urban Development
Biddeford, Maine, USA
Equity Ownership
Financial close
August 2020
Term length
25 years


The Project involved Amber taking over responsibility for parking across the downtown area of the City in exchange for parking revenues and a guarantee provided by the City over 25 years. The revenues amortize Amber’s investment in a new parking structure, improvements to local utilities and the provision of funding for a portion of the City’s “RiverWalk” project, a pioneering civic infrastructure project alongside the banks of the Saco River. The provision of this infrastructure unlocked private development projects and contributed substantially to the forecast tax income received by the City.

Number of purpose built parking garage spaces


Contribution to public sector initiatives

$ 0 m

Why we invested

  • Rapidly growing City with strong demographic trends 
  • Innovative approach to the provision of civic infrastructure 
  • Case study for alternative project delivery methods
Sustainable Development Goals (SDGs)

2030 Agenda for Sustainable Development adopted by UN Member States in 2015

SDGs supported:


The project delivers a critical aspect of the City’s masterplan for reinvigoration of the downtown area. The project, built on the site of a former waste incinerator, repurposes land and provides the civic infrastructure to support residential, commercial and retail development in the downtown area.

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