The end of 2020 saw landmark legislative interventions in Greece, mainly aiming to create the prerequisites for the widest possible adoption of the EU Target Model (the creation of a single EU energy market) and boost the penetration of renewable energy sources, in a regulated and rational way. According to the government, these interventions “establish the framework for a more rational operation of the sector, on more competitive terms, to the benefit of the consumers and of the Greek economy in general.”

Bahas, Gramatidis & Partners is providing pro bono legal support for the Western Greece Regional Governor’s initiative to restore and replace up to 100,000 olive trees out of those affected by the recent fires in the greater area of Ancient Olympia.

Bahas, Gramatidis & Partners has advised Marriott International on a set of agreements with Michaniki Environment for the operation of a new five-star 100-room hotel in Thessaloniki.

Koutalidis has advised the Macquarie Group on the acquisition of a 49% ownership interest in the Hellenic Electricity Distribution Network Operator.

Koutalidis has advised the Hellenic Gas Transmission System Operator (DESFA) on its issuance of a common bond loan of EUR 505 million. Lambadarios Law Firm advised Alpha Bank, Eurobank, the National Bank of Greece, and Piraeus Bank as the four Greek systemic banks.

Catherine Karanikola has joined the YNV Group as Chief Legal Officer in Greece.

Reed Smith has advised PPC Renewables on a joint venture with RWE Renewables towards the joint development, construction, and operation of an up to 2 gigawatt-peak solar photovoltaic projects portfolio in Greece.

Your Legal Partners and Dracopoulos & Vassalakis have been selected to provide legal advice to the Hellenic Corporation of Assets and Participations on the development of Kalamata Airport.

Koutalidis has advised Alpha Bank and Eurobank on the issuance of the up to EUR 300 million syndicated common bond loan by the Public Power Corporation.

Lefkothea Nteka has joined the Lambadarios Law Firm as a Partner and Head of the firm's Antitrust and Competition Practice.

DLA Piper has advised the Hellenic Republic in negotiations with the European Commission to resolve a ‘Greek lignite and electricity markets’ antitrust case.

Bernitsas Law, working with Allen & Overy, has advised Eurobank on the EUR 500 million issuance of senior preferred instruments due 2028. Clifford Chance advised Barclays, Citibank, Commerzbank, Credit Suisse, and JP Morgan as the joint lead managers.

Kyriakides Georgopoulos has advised Lightsource BP on its acquisition of a 200-megawatt photovoltaics portfolio from Greek renewable energy developer Kiefer Tek.

With the country experiencing one of its record-breaking tourism seasons and the business sector booming, there are a lot of reasons to see the sun shining brightly in Greece, even with summer at an end, according to AKL Managing Partner Helen Alexiou.

Zepos & Yannopoulos has advised technology venture capital fund Nabtesco Technology Ventures on leading a EUR 5 million investment round into maritime technology start-up DeepSea Technologies. The Signal Group and existing investor ETF Partners participated in the round.

KLC has advised the Hellenic Republic Asset Development Fund on the privatization of Egnatia Motorway.

Paksoy, working with Paul, Weiss, Rifkind, Wharton & Garrison, has advised KPS Capital Partners on the acquisition of 80% of Crown Holdings’ EMEA food, aerosol, and promotional packaging business for EUR 2.5 billion. Also advising KPS Capital were Stibbe in the Netherlands, Gide Loyrette Nouel in Morroco, Cautrecasas in Spain and Portugal, Gleiss Lutz in Germany, Chiomenti in Italy, and Zepos & Yannopoulos in Greece. Dechert has advised Crown Holdings, with Bernitsas Law in Greece, Bennani & Associes in Morroco, De Brauw Blackstone Westbroek in the Netherlands, ENSafrica in Ghana, Garrigues in Spain and Portugal, Homburger in Switzerland, Lexel Juridique & Fiscal in Madagascar, Cellere Gangemi in Italy, Soltysinski, Kawecki & Szlezak in Poland, Kinstellar in Hungary, and Herguner Bilgen Ozeke in Turkey.

Volciuc-Ionescu, working with EY Law, has advised Mytilineos S.A. on the sale of two Romanian solar farms totaling 90 megawatts to Enel Group's Enel Green Power Romania. Clifford Chance advised Enel Group on the deal.