FACEM Investiții BGK

Applicants must meet the following general eligibility criteria:

• be registered in the State Register of legal entities in the Republic of Moldova and not undergoing insolvency, reorganization, or liquidation processes;
• not have beneficial owners registered and/or residents in jurisdictions that do not implement international transparency standards as set by the supervisory authority and the Money Laundering Prevention and Combating Service;
• not have arrears with the national public budget;
• not be subject to sanctions;
• not hold a dominant market position, as determined by the competent authority;
• the share of the founding member, who is not a micro, small, or medium-sized enterprise, must not exceed 25%, except for non-commercial organizations;
• no cases where state control has repeatedly identified the same violations of the legislation.

Eligible expenses for financing:

1. The financial resources of the financing product can be used for the payment of goods and services, both domestic and foreign, that meet the purpose of financing the investment projects of SMEs as defined in section 4 of this document.

2. For investment projects related to energy efficiency and energy transition, expenses related to the purchase and installation of equipment and/or the renovation/rehabilitation of buildings (structures) for modernization purposes are eligible, including:

1. heat pumps (all types);
2. high-efficiency natural gas condensing boilers;
3. technological equipment related to the production of goods and services that are technologically efficient;
4. small-scale cogeneration and tri-generation units;
5. solar collectors for hot water (production of domestic hot water);
6. electric motors with frequency converters;
7. air treatment units with heat recovery;
8. photovoltaic/solar panels, inverters, metal structures for photovoltaic station/park;
9. energy storage systems;
10. geothermal energy-producing equipment: solar collectors for thermal agents and geothermal heating;
11.  energy consumption control technologies;
12. thermal insulation of buildings, replacing windows and doors with more energy-efficient models;
13. modernization of ventilation and air conditioning systems;
14. other equipment that contributes to reducing electricity consumption;
15. services related to the implementation of investment projects financed under subpoints a) - m), such as:
    • consultancy and engineering services for planning, designing, and implementing energy efficiency and energy transition projects;
    • training services for staff involved in implementing and using new technologies and energy practices, including training for the efficient use of new equipment;
    • services for monitoring the performance of installed systems and equipment, evaluating energy savings, and reporting the results.

3. For investment projects aimed at climate change adaptation, eligible expenses include:

1. construction/modernization of dikes;
2. construction/modernization of water intake systems for drinking water purposes;
3. construction/rehabilitation of drinking water treatment stations;
4. rehabilitation/construction of reservoirs and pumping/re-pumping stations for water;
5. expansion/rehabilitation of water supply systems, distribution networks, and facilities for collecting/pumping domestic wastewater, including related construction/facilities;
6. construction/rehabilitation of wastewater treatment stations;
7. construction/rehabilitation of wastewater collectors;
8. construction/rehabilitation of sludge treatment facilities;
9. construction of appropriate sludge treatment/disposal facilities from treatment stations
10. metering equipment;
11. laboratory equipment;
12. leak detection equipment, establishment/expansion of sectorization systems via distribution networks
13. establishment/expansion of remote monitoring systems;
14. equipment for maintaining the sewage network;
15. other measures to reduce greenhouse gas emissions.

4. For the implementation of investment projects according to the purpose of the financing, the following additional expenses can also be financed:

1. procurement, construction, and/or reconstruction/repair of buildings/spaces, including ancillary ones, with related land (the value of which does not exceed 50% of the investment loan value) for activities related to implementing the investment project;
2. procurement of raw materials and/or materials necessary for the production/provision of services whose value does not exceed 30% of the investment loan requested for the implementation of the investment project.

5. The expenses mentioned in paragraph 4 above can only be financed with FACEM resources in MDL.

Loan origination fee: 0.5% of the approved loan amount; 

Fees for contract amendments or loan extension: according to the Bank's applicable Tariffs and Fees 

• company registration documents (except for existing maib customers); 

• business plan and/or financial projections for the implementation of the investment project, which include, in addition to the description of the planned investment, financial projections, etc., also elements related to energy efficiency (kW generated/saved and/or reduced carbon emissions (in tons of CO2)); 

• declarations under the applicant’s own responsibility regarding eligibility according to the criteria and conditions of the financing product, state aid, and acceptance of providing relevant company data, which will be used in evaluating the impact of the state support provided. 

• additional documents may be required by maib.