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ERU received $400 million in political risk insurance from DFC for gas supply to Moldova

ERU Europe GmbH and ERU Management Services LLC received $400 million in political risk insurance from DFC, which is advancing energy diversification efforts in Moldova. DFC’s insurance supports ERU entering into a Gas Supply Agreement for non-Russian gas of up to 1.0 bcm, which will cover up to 90 percent of Moldova’s annual gas needs (2021 gas consumption was 1.13 bcm), depending on natural gas prices.

ERU Europe GmbH – the subsidiary of ERU Group that is responsible for trading with energy resources in Europe.

U.S. International Development Finance Corporation (DFC) is America’s development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today.


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