Tag Archives: Remon Zakaria

EBRD Provides €35 Million Loan to Support Montenegro’s Energy Infrastructure Upgrade with SCADA, ADMS, and Smart Meters

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €35 million loan to Crnogorski Elektrodistributivni Sistem (CEDIS) to enhance Montenegro’s energy infrastructure. The funding will be used to introduce advanced SCADA and ADMS systems, along with … Read the full press release

EBRD and EU Partner with Montenegro to Boost Energy Efficiency in Schools, Cutting CO₂ and Energy Costs

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted Montenegro a €20 million loan, supplemented by EU funding, to improve energy efficiency in 24 educational buildings, including schools and a student dormitory. The upgrades, which will include … Read the full press release

EBRD and EU Support Montenegro’s Green Energy Efficiency Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and Austria, is bolstering energy efficiency investments in Montenegro by extending a €2 million loan to NLB Banka a.d. Podgorica, aimed at providing … Read the full press release

EBRD Facilitates Montenegro’s Energy Transition with €82 Million Loan for Wind Farm Development

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted an €82 million loan to Elektroprivreda Crne Gore a.d. Nikšić (EPCG), Montenegro’s national electricity utility, and Green Gvozd LLC, a special-purpose vehicle (SPV) fully owned by EPCG. The … Read the full press release