The Asian Development Bank (ADB) and Electric Networks of Armenia Closed Joint-Stock Company (ENA) have signed a $20 million loan for a working capital support facility to ensure vital supplies of energy as the country manages the impact of the novel coronavirus disease (COVID-19) pandemic.

ENA has sole responsibility for operating and maintaining Armenia’s entire energy distribution network, providing services to more than 1 million customers. The assistance will strengthen ENA’s liquidity, enabling it to maintain sustainable and high-quality service delivery during the pandemic. All households and businesses across Armenia will benefit from the uninterrupted supply of electricity to cities.