Browsing: CGES

Electricity company Elektroprivreda Crne Gore (EPCG) reported a loss of 19.2 million euros for the first nine months of 2024, a decline of 130.5% compared to…

The Regulatory Agency for Energy has determined that the Montenegrin Transmission System (CGES) needs to refund consumers €34.7 million due to excess revenues generated from the…

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

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 time in…

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

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 commenced…

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 the Montenegrin…

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) for upgrading…

Montenegro’s Energy Minister, Saša Mujović, announced that the Montenegrin Electricity Transmission System (CGES) will spearhead efforts to enhance regional cooperation among transmission system operators to bolster…

CGES has announced plans to distribute a dividend of €10 million to its shareholders, sourced from a total profit of €35.7 million earned in the previous…