EBRD supports energy infrastructure and green growth in Montenegro

Infrastructure Electricity

Beneficiary Country:

  • Montenegro Montenegro

Donation passport

Starting Year: 2020
Budget: 50 mil. EUR
Type of Donation: Policy based loan
Status: Ongoing

Lead Donor Contact


Short description of the overall project

The EBRD is increasing its support in response to the economic impact of the coronavirus pandemic in Montenegro with a €50 million senior loan for Elektroprivreda Crne Gore (EPCG), the country’s main electricity provider.

The financial package, approved under the EBRD’s coronavirus Solidarity Package, will support the company in absorbing the challenges presented by the Covid-19 crisis.


Short description of activities financed by the donation

The loan will help ensure the stability and resilience of the country’s energy provision while simultaneously protecting the achievements made by the Montenegrin energy sector in its ambitious clean growth and decarbonisation agenda.