Crnogorski Elektroprenosni Sistem
 | |
| Company type | Joint-stock company |
|---|---|
| MNSE: PREN | |
| Industry | Electricity |
| Predecessor | Prenos AD |
| Founded | 2009 |
| Headquarters | , |
Area served | Montenegro |
Key people | Dragan Kujović (CEO) |
| Services | Electric power transmission |
| Revenue | 28,874,175 € |
| 2,448,732 € | |
| Total assets | 254,329,057 € |
| Owner | Government of Montenegro (55%)
Terna Group (22.08%) Elektromreža Srbije (10.01%) |
| Website | http://www.cges.me/ |
Crnogorski Elektroprenosni Sistem AD (MNSE: PREN) (CGES; former name Prenos AD; meaning: Montenegrin Electrical Transmission System) is an electric power transmission system operator located in Podgorica, Montenegro. It is a member of European Network of Transmission System Operators for Electricity. AD stands for Akcionersko Drustvo, or Joint Stock Company.
In 2009, the company broke away from EPCG and partly privatized, with 43.7% stake in the company acquired by the Italian utility company A2A. 22% stake is owned by Italian electricity transmission company Terna.[1]
CGES and Terna are planning to build a 450-kilometre (280 mi) 1,000 MW submarine cable between Tivat and Pescara.[1][2] The cable to be operational by 2015.
The European Bank for Reconstruction and Development is preparing a €65 million syndicated loan for the company. The loan would be used for the construction of a new substation at Lastva, and a new line from Lastva to Pljevlja to be connected to the Italy–Montenegro interconnector.[3][4]
See also
References
- ^ a b Capozzi, Valentina (2011-08-26). "Costruzione del cavo elettrico che collegherà l'Italia al Montenegro: tra polemiche e vantaggi economici" [Construction of the electrical cable to link Italy and Montenegro: controversies and economic benefits]. il Levante (in Italian). Archived from the original on 2013-02-21. Retrieved 2012-04-11.
- ^ Lazarevic, Nela (2011-11-05). "The Italy-Montenegro Cable". Balkan Insight. Retrieved 2012-04-11.
- ^ Savic, Misha (2012-02-24). "EBRD Considers EU65 Million Loan to Fund Montenegro Power Line". Bloomberg Businessweek. Retrieved 2012-04-12.
- ^ "EBRD is considering EUR 65m loan for Crnogorski Elektroprenosni Sistem to upgrade Montenegro's power network". Balkans.com. BNE. 2012-02-27. Archived from the original on 2013-01-17. Retrieved 2012-04-12.
External links
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