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UF Moldova

Sector: Water Supply and Storage • Location: Moldova

Source: International Finance Corporation (IFC)

Project
Completed

RED Union Fenosa (“the Company” or “UF Moldova”), the largest electricity distribution company in Moldova, combining the operations of three distribution companies privatized in 2000 and merged into it in January 2008, is seeking financing to fund its Investment Plan of approximately US$40 million to be implemented in 2009-2010 (“the Project”). The Project is designed to (i) rehabilitate and rati

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The project “UF Moldova” is an infrastructure initiative in the Water Supply and Storage sector, located in Moldova. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

RED Union Fenosa (“the Company” or “UF Moldova”), the largest electricity distribution company in Moldova, combining the operations of three distribution companies privatized in 2000 and merged into it in January 2008, is seeking financing to fund its Investment Plan of approximately US$40 million to be implemented in 2009-2010 (“the Project”). The Project is designed to (i) rehabilitate and rationalize the existing network and substations; (ii) increase operational efficiencies; (iii) reduce technical and non-technical losses; (iv) increase productivity gains with investments in information technology; and (v) improve the safety and security of the installations. IFC’s financing will be in the form of a corporate loan to UF Moldova to support its Investment Plan. This is a repeat business with the Company.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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