Tag: EPCG

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Montenegro advances Kruševo hydropower project as documentation nears completion

Montenegro is moving into a more defined development phase for the Kruševo hydropower project, with authorities targeting completion of core technical and project documentation by...

Montenegro’s solar strategy centres on EPCG as Briska Gora anchors a €500mn build-out

Montenegro is approaching solar power with unusual restraint. While much of South-East Europe has moved through a rapid build-out phase—often followed by curtailment, price...

EPCG–Masdar joint venture signals Montenegro’s shift toward export-led power strategy

Montenegro’s state utility Elektroprivreda Crne Gore is moving into a new phase of energy sector development, formalising a partnership with Masdar to establish a...

Montenegro backs €40 million EPCG borrowing as energy security and external imbalances converge

Montenegro has approved a €40 million borrowing package for its state utility Elektroprivreda Crne Gore (EPCG), underscoring how energy infrastructure is becoming central to the country’s...
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CBAM costs begin to reshape EPCG economics as €13 million loss emerges in Q1

Montenegro’s state-owned utility Elektroprivreda Crne Gore (EPCG) has entered a new financial reality in 2026, with the European Union’s Carbon Border Adjustment Mechanism (CBAM)...

Montenegro backs €40m EPCG financing for Perućica upgrade as hydropower modernisation accelerates

The Government of Montenegro has approved a new financing package for Elektroprivreda Crne Gore, enabling the state-owned utility to proceed with a key upgrade of the country’s...
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