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GEFF Moldova Rezidențial
financing for energy-efficient residential projects and green technologies
up to 35%
up to 2 500 000 EUR
MDL or EUR
about
GEFF Moldova Rezidențial is a credit line developed under the Residential Green Economy Financing Facility in Moldova, established by the European Bank for Reconstruction and Development – EBRD. The program provides financing for residential projects that contribute to energy efficiency, the integration of renewable energy solutions, and the reduction of environmental impact.
Through this facility, eligible customers can finance the energy renovation of multi-apartment buildings, the construction of new residential buildings with high energy performance or the working capital necessary for the supply, production or installation of eligible GEFF technologies.
GEFF Moldova supports Moldovan businesses and households (details here) in investing in high-performance technologies through participating financial institutions. The eligibility of technologies can be verified via the Green Technology Selector or through the assessment by the Facility Consultant.
Eligibility requirements
- investment loan or working capital loan
- up to 100% of the cost of the eligible project or component
- up to EUR 1 000 000 for associations/service providers; up to EUR 2 500 000 for construction companies, suppliers and manufacturers of technologies eligible for the programme
- MDL or EUR
- grant of up to 35% for the renovation of multi-apartment buildings (MAB); up to 15% for new residential constructions; no working capital grant
Benefits
financing of up to 100% of the eligible cost of the project
grant of up to 35%, after verifying the implementation of the project
technical support through the Facility Consultant
access to pre-approved technologies through the Green Technology Selector
financing in MDL or EUR
contribution to the reduction of energy consumption and CO₂ emissions
Why maib for GEFF Moldova Residential?
- financing dedicated to the residential sector;
- solutions for legal entities and consultancy for choosing the appropriate financing solution;
- financing in MDL and EUR;
- transparent pricing;
- possible financial incentive (grant);
- support for the development of green projects in the residential sector;
- contribution to the reduction of energy costs.
GEFF Moldova Residential is developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the European Union and Norway through the High Impact Partnership for Climate Action (HIPCA)
How to apply for an online loan
01
Fill in the online form
02
Coordinate all details remotely with maib. Receive the preliminary offer by email
03
Sign the necessary documents and take the money
To request the loan tranche or to refund the credit in advance, access the corresponding button
eligibility requirements
Eligible beneficiaries
Pot solicita finanțare:
- condominium owners' associations / tenants' associations, group of individuals;
- service providers, including housing management companies (HMCs) or ESCOs;
- construction companies that develop energy-efficient apartment blocks or individual residential houses;
- suppliers of GEFF-eligible equipment, materials and technologies;
- manufacturers of GEFF-eligible equipment, materials and technologies.
General criteria for beneficiaries
- being legally active and operating on the territory of the Republic of Moldova;
- being financially viable and meeting maib’s lending requirements;
- having at least 51% private capital;
- compliance with applicable environmental and social standards;
- not being on the EBRD's list of entities ineligible for financing.
Eligibility criteria for the project
- The project uses technologies, equipment or materials pre-approved in the Green Technology Selector or that meet the technical eligibility criteria confirmed by the Facility Consultant;
- The project is financially viable and positively evaluated according to maib requirements;
- The project has not benefited and will not benefit from grants from other sources.
GEFF Moldova indicates two main categories of eligible investments: pre-approved green technologies from the Green Technology Selector and complex projects positively evaluated from a technical point of view by the Facility Consultant.
Financing categories
Financing Category 2
Renovation of existing multi-apartment buildings
Beneficiaries: condominium owners' associations / tenants' associations, service providers, group of individuals.
Purpose: energy efficiency and/or renewable energy measures at the level of the entire building.
Examples: façade thermal insulation, thermal insulation of the entire roof, windows and doors for common areas or the entire building, heat pumps for the entire building, etc.
Grant: up to 35%, depending on the technologies implemented.
Financing Category 3
New "green" residential constructions
Beneficiaries: construction companies.
Purpose: construction of apartment blocks or individual houses with energy performance higher than the legal requirements (at least 10% more efficient than the national nZEB threshold in Moldova).
Grant: 10% for eligible project only with energy efficiency measures or 15% if it also includes at least one eligible renewable energy technology.
Financing Category 4
Working capital for suppliers, producers and service providers
Beneficiaries: suppliers, manufacturers and service providers who manufacture, supply or install eligible GEFF technologies.
Purpose: financing of inventories, raw materials, logistics, promotion, supply, installation of eligible products.
Grant: no direct grant for working capital is awarded; the benefit lies in market access and visibility through the Green Technology Selector.
Ineligible activities Activities such as the production or sale of weapons, tobacco, hard liquor, gambling, speculative investments, refinancing of existing loans, land acquisition, fossil fuel projects, boilers fueled by non-renewable fuels, and other activities included in the EBRD’s social and environmental exclusion list.
rates
The interest rate is floating and is set according to the currency of the loan, the cost of resources and the maib margin.
Grant component*
| Financing category | Grant |
|---|---|
| Financing Category 2 – Renovation of existing multi-apartment buildings: | |
| one technology category in the Green Technology Selector | 30% |
| several categories of technologies in the Green Technology Selector | 35% |
| one renewable energy technology from the Green Technology Selector | 35% |
| Financing Category 3 – Eligible new residential constructions: | |
| only with eligible energy efficiency measures | 10% |
| with at least one eligible renewable energy technology | 15% |
| Financing Category 4 – Working capital for suppliers / producers / service providers | no grant is awarded |
* The grant is calculated from the lower of the disbursed amount of the loan and the cost of the eligible project, and is paid only after the successful implementation of the project and the documentary and field verification by the Facility Consultant.
required documents
- company's articles of incorporation – for customers who are not yet maib customers;
- documents confirming the destination of the funding;
- business plan and/or financial projections, as applicable;
- required declarations and forms on eligibility;
- other documents required by the bank or the Facility Consultant.
take the first step
fill in the fields and we will contact you
Received!
the request has been successfully sent and will be processed from Monday to Friday, from 9:00 to 17:00.
if you apply outside office hours, on weekends or holidays, we will contact you the next working day.