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Detail – Energy Country Profile

European Investment Bank to extend contract on financing with Moldova for restoration of energy infrastructure

A financing contract between Moldova and the European Investment Bank (EIB) on the implementation of the project, Transportation of Electric Energy by Moldelectrica, signed in 2012, will be extended by another two years up to 26 December 2020.

The cabinet approved the initiation of negotiations and signing of an amendment to this end, the government’s communication and protocol department has reported. The document will give possibility to turn to good account the means of a 17-million-euros-worth loan, provided by EIB, for the restoration of the national infrastructure of electric energy transportation.

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