50 MW photovoltaic park inauguration

GS Blue Electric has inaugurated one of the largest photovoltaic parks in Moldova, located in Rădeni, Strășeni district. The solar park, with a total installed capacity of 50 MW, represents a significant milestone in Moldova’s efforts to increase energy independence, promote renewable sources, and support the national ecological transition. Maib supported this initiative through a green loan of close to EUR 17.8 million for a period of 8 years, tailored to facilitate sustainable infrastructure investments.

Sustainable lending breakthrough

The project aligns with maib’s broader sustainability strategy, specifically the pillar dedicated to green and sustainable products. As part of this strategic direction, maib aims to develop and scale financing solutions that accelerate the transition to a low-carbon economy. The bank has set a target to achieve a 17% share of green investment loans by 2027 and 23% by 2030, and has already surpassed this benchmark in its corporate portfolio, where green loans reached 19% of the total investment loan portfolio as of Q1 2025. As of Q1 2025, maib's total green portfolio reached over MDL 1.2 billion. Through partnerships such as this, maib continues to contribute to Moldova’s sustainable development objectives.

International recognition

In recognition of this transaction, maib was awarded the “Green Trade Deal of the Year” by the European Bank for Reconstruction and Development (EBRD) as part of the 2024 Trade Facilitation Programme (TFP) awards. This distinction highlights the bank’s growing role in financing Moldova’s green transition and its ability to structure and deliver impactful sustainable financing solutions.

Giorgi Shagidze, CEO of maib, stated:
“We are proud to finance such an ambitious project by our client GS Blue Electric. Green energy is no longer a choice, it is a necessity. Moldova has vast potential in this field, and investments like this can fundamentally transform the country’s economy, contributing to a more sustainable, secure, and energy-independent future. We remain committed to supporting clients and partners who have the vision and determination to invest in sustainable solutions.”

Ludmila Vîntu, Administrator of GS Blue Electric, added:
“The launch of this photovoltaic power plant marks a key milestone for the development of green infrastructure in Moldova. We are pleased to have had maib as a reliable partner, providing the support needed to realize this important project. We believe that the energy transition is essential to Moldova’s sustainable future, and we will continue investing in solutions that deliver real impact for communities and the economy.”

About maib

Maib is the largest bank in Moldova, with a share of 37.3% of deposits and 37.9% of loans of the entire banking system at the end of 1Q 2025. Maib is a disciplined lender with NPL ratio of 1.5% and is well capitalised with CAR of 19.9% as of 31 March 2025. The Bank is of systemic importance to the country,  it serves nearly half of the population and is one of the largest private employers in Moldova, with a workforce of over 2,500 people. Since 2018, maib's largest shareholder is a consortium, which includes the European Bank for Reconstruction and Development (EBRD), Invalda INVL, a leading asset management group in the Baltic States, and Horizon Capital, a private investment fund focused on emerging markets. Maib is proceeding with an ambitious expansion in Romania consisting of an asset light, retail only, digital offering targeted at Moldovan diaspora and broader Romanian market.

Recent investor relations releases

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• 2025 maib AGM results
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Upcoming investor events

• 19 August - 2Q and 1H 2025 Financial Results (TBC)

Contact investor relations

Maib Investor Relations
Evgenii Risovich
Phone: +37368403477
E-mail: Evgenii.Risovich@maib.md

Press Contact
Daniela Serban
Phone: +40742242662
E-mail: Dserban@vertikgroup.eu