EBRD, EIB and E5P back kindergarten refurbishment in Chisinau
Energy efficiency
Beneficiary Country:
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Georgia
Type and/or measure of energy efficiency in buildings:
Overview of the program
Six kindergartens in Moldova’s capital Chisinau will be refurbished by implementing energy efficient and renewable energy measures co-funded by the European Bank for Reconstruction and Development (EBRD), the Eastern Europe Energy Efficiency and Environment Partnership (E5P) fund and the European Investment Bank (EIB). The Municipality of Chisinau signed the first energy performance contract for this investment today.
The six kindergartens are the first of tens of public buildings – including hospitals and schools – that will be refurbished to improve their energy efficiency. The children and staff at the Chisinau kindergartens will benefit from improved facilities, such as better insulated walls, roofs and ceilings, new windows and doors, reinforced stairs, repaired drainage and ventilation systems.
Energy savings achieved / expected |
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|---|---|
| Number of Houses | 10 |
| Financial instruments used / use of current financial mechanisms | The effort is supported by a €25 million financing package, in which the EBRD’s loan of €10 million is complemented by a €5 million grant from the E5P and a €10 million loan from the EIB. |