The state guarantee for Energocom is a strategic decision to purchase gas at a favorable price using a €400 million EBRD preferential loan - Daniel Voda
This was announced by the government spokesperson, who reminded that, starting August 1, Energocom will become a gas supplier, taking over the public service obligations from Moldovagaz. The state guarantee will allow Energocom to borrow €400 million from the European Bank for Reconstruction and Development on favorable terms—cheap, secure, and targeted funds for the purchase of gas and electricity for the winter season. Daniel Voda specified that without the state guarantee, Energocom would not have been able to obtain a loan from the EBRD. According to him, “this money will not go into dubious pockets, will not involve suspicious commercial banks, there are no hidden schemes here.” This is a loan from an international financial institution with strict rules. The budgetary risk is controlled and limited, and the state will only pay if Energocom fails to meet its obligations, but the likelihood of this is considered negligible, according to the EBRD and experts. The law was agreed upon, received conclusions, passed an anti-corruption review, and was verified by the Competition Council, among others. The government spokesman said it is important that no dubious banks are involved in the deal, that there are no guarantees for private loans to non-transparent companies, that there are no hidden deals or transactions without transparency, and that the loan is being provided by an international financial institution with strict verification standards. “The state guarantee for Energocom is a strategic and responsible decision by the state to ensure sufficient gas supplies at a favorable price and to gain access to EBRD resources,” emphasized Daniel Voda. // 06.06.2025 — InfoMarket
