π Tender Overview
Project ID: 56466
Status: Signed
Location: Moldova
Business Sector: Natural Resources
Notice Type: State
Environmental Category: C
Approval Date: 11 Jun 2025
Disclosure date: 30 Jun 2025
Project Description
EUR 300 million senior revolving loan and a EUR 100 million Standby Letter of Credit, in the combined amount of up to EUR 400 million in favour of JSC Energocom, a state-owned energy trader in Moldova. This financing replaces two expiring facilities from 2022 and 2023.
Project Objectives
The project aims to strengthen Moldova's energy security by enabling continuous acquisition and supply of gas and electricity.
Transition Impact
ETI score: 70
Resilient: Supports Moldova's energy security by enabling spot and fixed-term energy purchases. Advances sector reforms under the new Energy Reform Action Plan (ENERSAP 2.0), including improvements in gas, electricity, and renewable energy markets.
Inclusive: The Bank provided financing facility to maintain a reliable energy resources supply of vital energy services, including in advance of the main heating season for the population of Moldova.
Client Information
ENERGOCOM JSC
Energocom JSC is a 100% state-owned enterprise established by the GoM in 2005 as an electricity importer and domestic electricity supplier.