Technical Assistance was requested from the NIF to improve the local banks' capacity to appraise and finance this type of project. Local engineers also benefit from support by improving their technical expertise to better identify and prepare technically feasible and bankable projects. The final beneficiaries receive much needed support to engage in such energy-related investments. EBRD appointed Fichtner Gmbh & Co KG and Allplan Gmbh, the consultants engaged under MoSEFF I, to continue project implementation under MoSEFF II from March and August 2012 respectively. Under MoSEFF II, EBRD has signed four loan agreements with partner banks in Moldova for a total of € 14.4 million. Discussions continue with a potential fifth bank, but signing is not expected to take place until later in 2013. So far, a total of sixteen sub-projects with a combined loan value of € 1.46 million have been signed under MoSEFF II. The project consultants continue to deliver marketing events to improve awareness of energy management amongst SMEs in Moldova and to conduct training with the partner banks to develop the skills of loan officers in identifying and assessing sustainable energy investments.
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