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Montenegro’s Parliamentary leaders visit advanced Italian Energy Dispatch Center

The President of the Assembly of Montenegro and the chairpersons of the Boards of Directors of EPCG and CGES recently visited the Dispatcher Center...

Montenegro Stock Exchange sees gains following Moody’s upgrade of credit rating

The Montenegro Stock Exchange experienced positive momentum this week, bolstered by Moody’s upgrade of Montenegro’s credit rating from B1 to Ba3 for the first...

Montenegro advances renewable energy: Bijela wind farm to connect to transmission system

Ivan Asanović, the Director of the Montenegrin Electric Transmission System (CGES), and Enrico Casari, a representative of Alcazar Energy, have signed a contract to...

CGES begins dividend payments to shareholders

Shareholders of the Montenegrin Transmission System (CGES) have started receiving their dividend payments, with a net amount of 5.81 cents per share. The dividend disbursement...
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Podgorica’s Agenos Energy moves forward with Vraćenovići solar power plant construction after agreement with CGES

The Podgorica-based company Agenos Energy has made significant progress in the development of its Vraćenovići solar power plant by finalizing a connection agreement with...

EBRD secures €28 million loan for Montenegro’s Brezna substation upgrade to boost renewable energy integration

The European Bank for Reconstruction and Development (EBRD) has granted a state-backed loan of up to €28 million to Montenegro’s power transmission system (CGES)...
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