Montenegro's CEDIS Receives €290,000 Grant, Signs Grid Upgrade Agreement
2026-06-09 09:34
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en.Wedoany.com Reported - Montenegrin power distribution system operator CEDIS signed a tripartite cooperation agreement with the French Development Agency (Agence Française de Développement, AFD) and EDF International Networks, with French President Emmanuel Macron and Montenegrin Prime Minister Milojko Spajić attending the signing ceremony. The agreement was signed in Tivat, which hosted the EU-Western Balkans Summit that day.

Montenegro CEDIS signs distribution agreement with French Development Agency (AFD) and EDF Group, with attendees including Spajić, Macron, Šahmanović, and Ivanović

According to information released by CEDIS, this cooperation is a strategic technical partnership aimed at modernizing Montenegro's power distribution network and strengthening its energy transition capacity. As part of the agreement, CEDIS received a €290,000 grant to prepare for future investments. The grant was signed under AFD's FEXTE technical assistance program. AFD is also evaluating the possibility of providing financial support for CEDIS's substation investments, including the renovation of six 35kV substations and the modernization of 10/0.4kV substations.

Through this cooperation, CEDIS can leverage the experience of EDF Group in distribution system management, focusing on network digitalization, grid planning, investment optimization, renewable energy integration, and alignment with EU energy standards. Implementation includes joint expert assessments of the existing distribution network, recommendations for system digital transformation, and assistance in developing long-term investment plans.

AFD has previously collaborated with companies in Montenegro and other Western Balkan countries, with operations covering Albania, North Macedonia, and Serbia. EDF also runs local cooperation projects in Croatia, Montenegro, and Serbia. CEDIS CEO Vladimir Ivanović stated that partnering with one of Europe's leading energy groups will help the company enhance its professional and technical capabilities, improve grid development planning, and create conditions for larger-scale renewable energy integration.

AFD Deputy Director General Bertrand Walckenaer emphasized that this agreement is a concrete example of AFD providing practical support to countries seeking EU membership. EDF IN CEO Sébastien Ruiz noted that Montenegro's energy transition requires both vision and technical expertise, and this cooperation will provide those elements. Minister of Energy and Mining Admir Šahmanović stated that cooperation with AFD and EDF demonstrates Montenegro's progress toward modernization, European standards, and long-term energy security.

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