Crnogorski Elektroprenosni Sistem

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Crnogorski elektroprenosni sistem AD
Company typeJoint-stock company
MNSE: PREN
IndustryElectricity
PredecessorPrenos AD
Founded2009 (2009)
Headquarters,
Area served
Montenegro
Key people
Ivan Asanović (CEO)
ServicesTransmission system operator
Revenue28,874,175 €
2,448,732 €
Total assets254,329,057 €
OwnerGovernment of Montenegro (55%)

Terna Group (22.09%)

Elektromreža Srbije (15%)
Websitehttp://www.cges.me/

Crnogorski elektroprenosni sistem AD (MNSE: PREN) (CGES; former name Prenos AD; meaning: Montenegrin Electrical Transmission System)[a] is an electric power transmission system operator located in Podgorica, Montenegro. It is a member of European Network of Transmission System Operators for Electricity.

In 2009, the company broke away from EPCG and was partly privatized, with 55% stake owned by Government of Montenegro. 22% and 15% stake is owned by Italian and Serbian electricity transmission companies Terna and EMS respectively.[1][2]

CGES and Terna have built a 450-kilometre (280 mi) 600 MW submarine cable between Tivat and Pescara.[3]

See also

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References

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