Original disclosure @ EBRD website
Updated in EWS Sep 1, 2022
Disclosed by Bank Jun 10, 2022
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According to the bank website, the project consists of a Loan to Elektroprivreda Crne Gore AD Niksic ("EPCG"), the Montenegrin national power utility, for the purpose of financing the development, construction and operation of a 54.6 MW wind power plant located near village Gvozd, municipality of Niksic, Montenegro.
The Project will result in the addition of 54.6 MW renewable energy generation capacity to the country, which is expected to produce approximately 150 GWh of renewable energy per year. The construction of new renewable energy generation capacity in Montenegro is fundamental to the country's plans regarding the diversification of electricity generation to substitute its legacy thermal coal assets, which currently provide almost half of Montenegro's domestic electricity generation.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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COMPANY CONTACT INFORMATION
Mr. Miro Vracar, dipl.ecc (CFO)
+382 40 204-160
EPCG AD Niksic / Montenegrin Electric Enterprise AD, Vuka Karadzica 2, Niksic Montenegro
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: email@example.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html