📋 Tender Overview
Project ID: 56332
Status: Approved
Location: Moldova
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 16 Sep 2025
Disclosure date: 19 Sep 2025
Project Description
Provision of a three-year senior unsecured loan of up to EUR 12 million equivalent to OTP Bank S.A. under Residential Green Economy Financing Facility Moldova ("RGEFFM") for on-lending to the residential sector (individuals, housing associations, service providers, technology vendors and producers, and construction companies along the residential building supply chain) for green economy investments in Moldova. The loan will be provided in three tranches with the first tranche of EUR 3 million committed. Each tranche will be available for disbursement in Moldovan Lei or in EUR.
The proposed project will be supported by donors such as the European Union ("EU") and the government of Norway through High-Impact Partnership on Climate Action ("HIPCA") for the financing of Investment Incentive payments, first loss guarantee in support of the local currency operations and Technical Cooperation ("TC") under the Facility.
Project Objectives
The project is implemented under RGEFFM which supports the development of the green economy market in Moldova by (i) increasing awareness, as well as capacity and involvement, of the population and private sector participants in residential green economy investments, (ii) improving living comfort and affordability of utilities for households, (iii) strengthening local production and supply base for green technologies and materials, and eventually (iv) delivering sizeable resource savings in Moldova.
Transition Impact
ETI score: 70
The proposed project will contribute to the objectives and structure of the RGEFFM programme, supporting Green transition quality by helping address the high energy and carbon intensity of the residential sector in Moldova through developing the capacity of local PFIs to provide green lending that will drive Moldova's transition to an environmentally sustainable, lower-carbon and climate-resilient green economy.
