EBRD Boosts Montenegro’s Flagship Wind Farm with €26mn Loan

EBRD boosts Montenegro’s flagship wind farm with €26mn loan

The European Bank for Reconstruction and Development (EBRD) said on August 19 that it is deepening its support for Montenegro’s green transition with an additional €26mn loan to expand the Gvozd wind farm.

EBRD backs expansion of Montenegro wind farm with additional €26 million loan

This article is brought to you in association with EBRD. Gvozd wind farm expansion will increase capacity to 75 MW, making it the largest in Montenegro upon completion The clean energy produced will power more than 35,000 households a year National electricity utility EPCG reaffirms commitment to energy transition by increasing share of renewables in its energy mix The European Bank for Reconstruction and Development (EBRD) is deepening its sup…

EBRD Fuels Montenegro's Green Transition with Major Wind Farm Expansion

The European Bank for Reconstruction and Development (EBRD) is bolstering Montenegro’s green energy ambitions by providing an additional €26 million loan to expand the Gvozd wind farm. This expansion will significantly increase the farm’s capacity, making it the largest in Montenegro upon completion and a key contributor to the nation’s energy transition. Key Takeaways The Gvozd wind farm’s capacity will grow from 55 MW to 75 MW. The expanded f…