EBRD approves €120m commitment

The London-based development bank has backed Meridiam's fourth infrastructure vehicle.

Institution: European Bank for Reconstruction & Development
Headquarters: London, United Kingdom
AUM: €4.51 billion

The European Bank for Reconstruction & Development has approved a €120 million commitment to Meridiam Sustainable Infrastructure Europe IV, according to a recent report on the bank’s website.

As illustrated below, EBRD previously committed €100 million to the fund’s predecessor in 2016. The €4.5 billion development bank has predominantly targeted European vehicles focused on energy, renewables and diversified sectors.

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