Masdar join forces with Montenegrin utility

Abu Dhabi-based developer Masdar and Montenegro's state-owned power company EPCG have entered into a framework agreement that could see a joint venture company belonging to the two parties develop, build, own and operate large-scale solar projects in the country.Abu Dhabi Future Energy Company (Masdar) and Montenegrin state utility EPCG have said they will explore setting up a joint venture company to develop large-scale renewables projects in Montenegro. The two parties signed a framework agreement during Abu Dhabi Sustainability Week. Under the terms of the agreement, the joint venture would ...

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