Elektroprivreda Crne Gore
Montenegro’s EPCG posts biggest profit in its history
13 July 2023 - State-owned power utility Elektroprivreda Crne Gore (EPCG) has posted a record profit for the first half of 2023
Montenegro’s EPCG signs financing deal for Gvozd wind power project
19 June 2023 - Montenegro's state-owned coal and power producer EPCG obtained a EUR 82 million loan from the EBRD for its first wind power project
Energy transition is development opportunity for EPCG, entire Montenegro
03 June 2023 - The energy transition proved to be a development opportunity for Montenegro, headline speakers said at the EPCG Net event in Budva
Main power producers in Balkans can’t afford to fall behind in energy transition
10 May 2023 - The biggest electricity producers in Southeastern Europe need to establish partnerships and move with the times in doing business, according to the participants in a discussion on power utilities in the energy transition, held at BEF 2023
Chayton Capital, Montenegro’s EPCG eye new unit in TPP Pljevlja
13 April 2023 - A British company, the Government of Montenegro and power utility EPCG agreed to transform the economy of the coal town of Pljevlja
Montenegro’s EPCG to start production of racking for solar power plants
08 March 2023 - Elektroprivreda Crne Gore (EPCG) recently took over the now defunct steelworks Željezara in Nikšić from Tosçelik
UGT Renewables signs deal on renewables, energy storage with Montenegro’s EPCG
04 November 2022 - Montenegro's EPCG and US-based UGT Renewables signed an agreement on the joint development of renewables and energy storage
Two coal plants in Western Balkans go offline due to malfunctions
27 September 2022 - Coal+ plants Pljevlja in Montenegro and Kosovo A broke down, adding to concerns about the possibility of blackouts in the region
Government of Montenegro pays EUR 15 million for additional stake in EPCG
23 September 2022 - The Government of Montenegro bought an additional 2.8% stake in state-owned power utility Elektroprivreda Crne Gore – EPCG
Montenegro allows state-owned EPCG to sell shares in stock market
15 September 2022 - Elektroprivreda Crne Gore (EPCG) is obligated by law to sell a 10% stake by September 26 or write off the share package
Montenegro’s utillity EPCG to halve minimum price for sale of 10% stake
15 August 2022 - After two failed bidding rounds for a 10%, stake, EPCG said the government can decide to switch to the stock market for the share sale
Montenegro’s EPCG lowers minimum price for sale of 10% of its shares
05 August 2022 - Montenegro's state-owned utility EPCG cut the minimum price for its 10% stake to EUR 87 million from just above EUR 100 million
No bids for 10% stake in Montenegrin power utility
03 August 2022 - The deadline has passed and state-owned coal power producer Elektroprivreda Crne Gore (EPCG) failed to attract any offers for a 10% stake
Drought to cost Montenegro’s EPCG utility EUR 100 million in third quarter
01 August 2022 - State-owned power producer EPCG said it would have to import 294 GWh of electricity in the three months through September due to drought
Montenegro’s EPCG revamps Kruševo hydropower plant project
18 July 2022 - Montenegro's power utility EPCG will examine the possibility to build hydropower plant Kruševo on the Piva river
Montenegro’s power utility EPCG seeks buyer for 10% stake
18 July 2022 - EPCG is preparing to sell 10% of its shares to a single buyer at a minimum price that is more than two times above the current market value