Elektroprivreda Crne Gore

Italy's A2A

EPCG, Montenegrin government pay EUR 212 million to Italy’s A2A for EPCG shares

08 November 2019 - State power utility Elektroprivreda Crne Gore (EPCG) has so far paid EUR 103.65 million to...

EPCG KfW Perućica reconstruction

EPCG, KfW ink EUR 33 million loan for Phase II of HPP Perućica’s reconstruction

19 September 2019 - Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) has signed a EUR 33 million loan...

Masdar Mubadala MDG Taaleri PPC Renewables Kurbin

EPCG shareholders approve investment in Gvozd wind farm project

02 September 2019 - Shareholders of state power utility Elektroprivreda Crne Gore (EPCG) have approved an investment into a...

Construction on 250 MW Briska Gora solar power plant to begin in 2020

06 June 2019 - The first phase of works on a solar power plant with an installed capacity of...

Montenegro registers 10 days of coal-free electricity generation

04 June 2019 - Montenegro produced enough electricity to cover domestic consumption from renewable energy sources only from May...

EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects

07 May 2019 - A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has...

Construction of Gvozd wind farm expected to start in 2020

07 February 2019 - Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) is expected to launch the construction of...

EU, US, Chinese companies interested in EPCG acquisition

09 January 2019 - Companies from the European Union, the US, and China are interested in the acquisition of...

Contract signed to build 250 MW solar power plant

31 December 2018 - The Montenegrin government has signed a contract on the construction of a 250 MW solar...

Power utility EPCG plans to launch tendering for reconstruction of 5 small HPPs

18 December 2018 - Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) plans to launch tendering in the third...

EPCG’s shareholder assembly backs EUR 55.3 million dividend payment

23 August 2018 - Power utility Elektroprivreda Crne Gore’s (EPCG) shareholder assembly has backed a EUR 55.3 million dividend...

Litostroj, ABB to modernize HPP Piva

03 August 2018 - Power utility Elektroprivreda Crne Gore (EPCG) and a consortium of Slovenia’s Litostroj and Italy’s ABB...

EPCG swings to net profit of EUR 42.8 million in H1

19 July 2018 - Power utility Elektroprivreda Crne Gore (EPCG) had a net profit of EUR 42.8 million in...

Montenegro pays EUR 68.9 million to raise stake in power utility EPCG

Montenegro pays EUR 68.9 million to raise stake in power utility EPCG

18 May 2018 - The Montenegrin government has paid EUR 68.9 million to Italy’s A2A to increase its holding...

EPCG to invest EUR 67 million in hydropower, analysis for wind farm underway

22 March 2018 - Power utility Elektroprivreda Crne Gore (EPCG) plans to invest EUR 170 million in the next...

Montenegrin Government secures funds to buy A2A shares in EPCG

12 March 2018 - The Montenegrin Government adopted a budget rebalance which foresees EUR 70 million for the purchase...

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