Italian A2A offers its EPCG shares to Government of Montenegro for EUR 250 million
The Italian energy company A2A has offered to the Government of Montenegro its shares in the Montenegrin power company, Elektroprivreda Crne Gore (EPCG) for EUR 250 million. A2A submitted to the Government of Montenegro the Put Option notice which refers to the sale of the whole stake owned by the Italian company in EPCG for […]
Serbian power company EPS wants to buy shares in EPCG Montenegro media claim
Montenegrin media reported that the Serbian electric power company (EPS) is interested in buying shares of the Montenegrin electric power company (EPCG) from the Italian A2A but the EPS is neither denying nor confirming the report. The media in Podgorica claim that the EPS intends to buy the 41.7% share of the EPCG owned by […]
Montenegro gets its power exchange, another step towards regional market
Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro, Montenegro Electricity Market Operator (COTEE) and Montenegrin Power Transmission System (CGES) signed yesterday an agreement on establishing Montenegro power exchange and the power exchange’s statute. The Minister of Economy of Montenegro Dragica Sekulić said that the establishment of the power exchange creates conditions for more competitive […]
Italian A2A selling shares in Montenegro power company
The Italian energy company A2A has decided to sell its shares in the Montenegrin Electric Power Company (EPCG), Montenegrin Prime Minister Duško Marković said. He told reporters that the government expects to be informed officially of the decision so that it can decide whether to buy the shares or not. The Italian company has been […]
Sekulić: Montenegro takes steps towards establishing power exchange
Three leading companies in the Montenegrin power system have taken steps towards establishing a power exchange in the country, Minister of Economy of Montenegro Dragica Sekulic announced. Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro, Montenegro Electricity Market Operator (COTEE) and Montenegrin Power Transmission System (CGES), as founders, have already undertaken certain activities in […]
Bosnia and Herzegovina plans to establish power exchange soon
Power exchange could be established soon in Bosnia and Herzegovina, Independent System Operator (NSO) of Bosnia and Herzegovina announced. This step is a prerequisite for the development of a functional electricity market in the country and it is an important step towards connecting with neighboring markets. The plan is to set up a project company […]
EPCG joining SEEPEX later this year just the first step in further integration with other power markets
Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro is currently preparing paper work to become member of SEEPEX, licensed Serbian power market operator. CEO of SEEPEX Miloš Mladenović sees this move as mutually beneficial, one which will provide EPCG with safe and stable energy trading platform, along with increased regional presence and improved […]
Slovenia interested in undersea power line, hydropower plants in Montenegro
On the first day of the Joint Commission for the implementation of the Agreement on Economic Cooperation between Montenegro and Slovenia, the alpine country has shown interest in expanding energy sector cooperation with Montenegro by utilizing the capacity of the undersea high-voltage power line that will link Montenegro to Italy, and by taking part in […]
