What will it take to make Balkan leaders realise new coal plants are a liability, not a gold mine?
Author: Pippa Gallop, Research Co-ordinator, CEE Bankwatch Network In April this year, the EU proved that whatever difficulties it might be going through, it can still make momentous decisions. It approved new pollution control standards for power stations, entitled the LCP BREF (1) The name might sound obscure, but the results should be concrete: The new […]
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 […]
Parliament of Montenegro adopts Annex of EPCG management contract
The Parliament of Montenegro adopted the Annex of the shareholders’ agreement between the Government and Italian company A2A concerning the management of Electric Power Company of Montenegro (EPCG). The Annex extended the contract on EPCG management until June 30 this year, after the shareholders’ agreement previously expired on December 31, 2016. The decision was published […]
A2A and Government of Montenegro reach agreement
Italian partner A2A will remain to be co-owner in Montenegrin Electric Power Company (EPCG), while the second block of thermal power plant Pljevlja will still be built. Domestic media reported only an official confirmation is expected from A2A about the agreement for the next five years. The facility will cost EUR 340 million, mostly financed […]
