New boost for residential energy efficiency in Moldova

Food

The European Bank for Reconstruction and Development is further boosting energy efficiency in Moldova with a new €2 million loan to Mobiasbanca-Groupe Société Générale, the London-based lender said in a statement. The EBRD financing will be on-lent to individual households, groups of residents, housing associations, condominiums and cooperatives as well as home management companies, energy saving and service companies to help them finance improvements that will make homes more energy efficient. The loan is part of the dedicated framework - the Moldovan Residential Energy Efficiency Financing Facility, (MoREEFF), which provides €35 million financing for energy efficiency improvements in individual households.

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