The Republic of Moldova can raise a €30 million state foreign loan from the European Bank for Reconstruction and Development for the energy rehabilitation of the housing stock. The agreement on the financing of the Moldova Energy Efficiency Project was ratified by Parliament, IPN reports.
The loan will be disbursed in two tranches of €20 million and €10 million respectively. The total value of the project is €75.5 million, including the EBRD loan, a loan of the European Investment Bank and the grant component.
The implementation period is 2022-2025. Priority will be given to the public buildings with low energy efficiency and those that are managed by the central and local public authorities, with emphasis on social facilities.
