Chișinău, 20 December – The Green for Growth Fund (GGF) has extended a EUR 2 million loan to BT Leasing Moldova, highlighting a successful six-year collaboration rooted in a shared commitment to advancing sustainable development and minimizing environmental impact in the country.
As Moldova’s leading leasing company, BT Leasing Moldova plays a key role in facilitating sustainable development. With this investment GGF and BT Leasing Moldova will focus on financing green mobility, energy-efficient equipment for small and medium enterprises (SMEs), and renewable energy projects.
The key impacts of this initiative include:
Green mobility: Enabling the acquisition of electric and hybrid vehicles, fostering cleaner transportation for businesses and individuals, and reducing greenhouse gas emissions.
Energy-efficient solutions for SMEs: Supporting businesses in optimizing their operations, lowering costs, and minimizing their environmental impact through modern, energy-saving equipment.
Renewable energy investments: Providing financing for renewable energy systems and energy efficiency projects that enhance Moldova’s energy independence and reduce reliance on fossil fuels.
Simon Gupta, Chairperson of the GGF Board of Directors, commented: “By deepening our collaboration with BT Leasing Moldova, we are reaffirming our commitment to Moldova’s green transition. This facility will help accelerate the adoption of sustainable technologies and energy-efficient solutions, driving meaningful progress in reducing the country’s environmental footprint.”
“With this third loan agreement, we are proud to strengthen our long-term partnership with GGF, which began back in 2019. This allows us to empower our clients with access to modern, sustainable, and energy-efficient solutions. This collaboration aligns with our commitment to supporting Moldova’s green economy and facilitating a responsible transition towards sustainability,” stated Marius-Călin Crăciunaș, CEO, General Manager of BT Leasing Moldova.
ABOUT THE GGF
The Green for Growth Fund (GGF) invests in measures to reduce energy use, CO2 emissions, and improving resource efficiency in 19 markets across Southeast Europe, the Caucasus, Ukraine, Moldova, the Middle East, and North Africa. It finances renewable energy projects, corporates, municipalities, and financial institutions, supported by its Technical Assistance Facility.
Initiated in December 2009 by Germany’s KfW Development Bank and the European Investment Bank, with financial support from the European Commission and more institutions, the GGF includes a diverse investor base of donor agencies, international financial institutions, and private investors. Finance in Motion GmbH and MACS Energy & Water GmbH provide advisory services. For more information, visit www.ggf.lu.
About Finance in Motion
Finance in Motion structures, manages, and advises almost €4 billion across 9 funds, all classified as Article 9. These private market funds drive impact for people and planet through regional financial intermediaries, direct investments, advisory and capacity building. Founded in Germany, with local expertise from Latin America to CEE, it has been investing in emerging markets for over 15 years.
www.finance-in-motion.com
About BT Leasing Moldova
BT Leasing Moldova, part of the Banca Transilvania Financial Group, is the country’s largest leasing company, holding a market-leading position for the past 8 years. The company offers flexible and innovative financial solutions, supporting local entrepreneurs and individuals in adopting sustainable and energy-efficient
Media contact GGF
Nusha Westhoff
Director Marketing & Communications
Mobile: +49 69 271 035-789
Email: press@ggf.lu
BT Leasing Moldova: Călin Zaporojan
Business Development Director
Phone: +373 22 260790
www.btleasing.md