Raiffeisen Investment was part of an advisory consortium to the Government of Turkey on the privatisation of the electricity distribution companies Baskent Elektrik Dagıtım (BEDAŞ) and Sakarya Elektrik Dagıtım AS (SEDAŞ) by means of share sale.

BEDAŞ was sold for EUR 776m to Enerjisa, a consortium formed by Verbund and Sabancı while SEDAŞ was sold for EUR 380m to Akcez, a consortium between CEZ and Akenerji.

Both deals were closed in September 2008.