Elektroprivreda Crne Gore (EPCG)
Company description
Elektroprivreda Crne Gore AD Nikšić (EPCG) is a national energy company established by the decision about transformation of JEP Elektroprivreda Crne Gore Nikšić for the purpose of carrying out energy activity, i.e. electricity generation and supply.
Company details
Participation in projects
Projects as Project Owners per Country ()
Projects as Project Owners per Subsector ()
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The company has not participated in any projects.
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Company updates
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June 20, 2023
EBRD extends EUR82mn financing for 55 MW wind project in Gvozd
The European Bank for Reconstruction and Development (EBRD) has extended a EUR82 million (US$100.09 million) loan for the development and construction of a 55 MW onshore wind farm project in Montenegr...
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November 09, 2021
EPCG assumes full ownership of 55.4 MW Gvozd wind project in Niksic
State-owned power utility Elektroprivreda Crne Gore (EPCG) has signed a shareholder agreement with renewable energy company Ivicom Holding GmbH, based in Austria, on joining project firm Green Gvozd....
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December 22, 2020
Gvozd wind project receives financing preliminary offer from EBRD
In order to finance the project for the construction of Gvozd wind farm, Montenegrin state-owned power utility Elektroprivreda Crne Gore (EPCG) has received a preliminary offer from the European Bank...
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October 29, 2019
EPCG to invest EUR700 million in renewable energy by 2022
Renewable energy developer in Montenegro, EPCG, is set to invest EUR700 million (US$773.3 million) by 2022 in the development of renewable energy projects with an installed capacity of up to 500...
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September 02, 2019
EPCG pushes investment for Gvozd wind project
Elektroprivreda Crne Gore (EPCG) is pushing for the development of the EUR58 million (US$64.77 million) Gvozd wind project in Montenegro in partnership with Austria’s Ivicom Holding. T...
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