Moldova to receive grant for energy rehabilitation of public buildings

Chisinau, 4 November /MOLDPRES/ - Moldova will benefit from a grant worth 12.4 million euros from the European Union for projects on energy rehabilitation of public buildings. The law for the ratification of the agreement on grant with the European Investment Bank (EIB) for financing the Energy Efficiency in Moldova project was published in the Official Journal (Monitorul Oficial) today.   

Under the document, the main beneficiaries of the project will be the social institutions: republican, municipal and district hospitals, kindergartens and schools. The financial assistance will be provided by the European Commission’s Neighbourhood Investment platform.

The Energy Efficiency in Moldova project has the goal to implement a national programme on energy rehabilitation of public buildings, held/managed both by the central and local public authorities, which have a low energy performance, triggered by the age of constructions, as well as the lack of investments in works on strengthening the energy efficiency.  

The project’s overall budget is of 75.5 million euros, with financial coverage on behalf of the European Union, European Bank for Reconstruction and Development and the European Investment Bank. The project is to be implemented till 2025.   

The document enters into force with its publication in the Official Journal.

Source: monitorul.gov.md