European Bank for Reconstruction and Development

European Bank for Reconstruction and Development finances projects and provides advisory services to the public and private sectors. It supports new ventures and expansion in existing companies through project financing, loans, and equity or quasi-equity investments, including equity funds and guarantees, and it partners with private entities to invest across sectors such as banking, energy, manufacturing, infrastructure, information technology, and services. The bank also helps publicly owned entities privatize and restructure municipal services and engages in policy reform dialogue and advisory services, along with trade finance and loan syndication. Founded in 1990 and headquartered in London, it operates across regions including Southeastern and Central Europe, the Baltic States, Eastern Europe and the Caucasus, Central Asia, and parts of the Middle East and Africa, aiming to foster market-oriented change and private sector development by mobilizing capital for sustainable investments. It has invested more than €130 billion in over 5,200 projects.

Sue Barrett

Director and Head of Infrastructure, Turkey, Middle East and Africa

Alistair Clark Ph.D

Managing Director, Environment and Sustainability Department

Matteo Colangeli

Regional Director, Western Balkans

Mark Davis

Managing Director, Southern and Eastern Mediterranean

Susan Goeransson

Director of Infrastructure Europe and Sustainable Infrastructure Group

Zsuzsanna Hargitai

Managing Director, Small and Medium Enterprises Finance and Development

Heike Harmgart

Managing Director for Sub-Saharan Africa

Zoltan Hopka

Investor

Francis Malige

Managing Director, Financial Institutions

Andreea Moraru

Director and Regional Head of Greece and Cyprus

Tamás Nagy

Director, Equity Partner and Co-Head of Private Equity

Nandita Parshad

Managing Director, Sustainable Infrastructure Group

Ray Portelli

Managing Director and Chief Internal Auditor

Odile Renaud-Basso

President and Member of the Executive Committee

Odile Renaud Basso

President

Jürgen Rigterink

First Vice President, Chairman and Head of Client Services Group

Kanako Sekine

Managing Director, Portfolio

Melis Ekmen Tabojer

Director and Head of European Union Banks and Structured Finance

Paul Vlaanderen

Board Director, Netherlands, Mongolia, FYR Macedonia and Armenia

Aleksandra Vukosavljevic

Director, Financial Institutions, Western Balkans and Eastern Europe

Dirk Werner

Managing Director, Equity

Natalia Zhukova

Director and Head, Agribusiness

Grzegorz Zielinski

Director and Head of Energy Europe

Past deals in Latvia

Enefit Green AS

Post in 2024
Enefit Green AS is a company focused on renewable energy production, consolidating various production units under a single entity. It operates multiple facilities in Estonia and has a subsidiary in Latvia, known as SIA Enefit Power and Heat Valka, which is responsible for generating electricity and heat in the town of Valka. This structure allows Enefit Green to streamline its operations and enhance its contributions to the renewable energy sector in the region.

Eco Baltia

Funding Round in 2015
Eco Baltia is a leading waste management company in the Baltics, offering full-cycle services from collection and sorting to logistics, wholesale, and processing of recycled materials. It serves over 45,000 clients, including private individuals and businesses, and employs around 600 people.
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