In April 2024 Moldovan National Agency for Energy Regulation (ANRE) granted to ERU Aurora S.R.L. a 25 years License for supply of natural gas and a 10 years License for supply of electricity.
This is a next step in ERU Group strategy with focus on the markets in Central and Eastern Europe. With the political risk insurance from DFC for $400 million, which is advancing energy diversification efforts in Moldova, ERU plans to start its operations without delay.
ERU Aurora S.R.L. – subsidiary of ERU Europe GmbH, established in Moldova to carry out trading operations.
U.S. International Development Finance Corporation (DFC) is America’s state development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today.