Firms To Watch: Energy

Reed Smith LLP bolstered its energy practice in 2021 with the arrivals of the highly regarded Dimitris Assimakis and experienced counsel Minas Kitsilis from Norton Rose Fulbright.

Energy in Greece

Bernitsas Law

Bernitsas Law has a leading presence in the energy industry, as is evidenced by its work for clients active in areas such as renewable energy, oil and gas, water, mining and electricity. It handles all aspects of upstream and downstream work, such as compliance, management, development and finance. Recent work included acting for London-headquartered renewable energy developer Emeren Ltd on the potential acquisition of photovoltaic plants from Azalea Energy Constructions and Consultancy. Yannis Seiradakis, who heads up the practice, is experienced in advising international investors, financers and government bodies. Senior associate Eleni Stazilova advises on commercial contracts and finance agreements, as well as tender procedures and the acquisition and development of projects in the conventional and renewable energy sectors.

Practice head(s):

Yannis Seiradakis

Other key lawyers:

Panayotis Bernitsas; Eleni Stazilova; Stella Papakosta; Konstantina Karveli

Testimonials

‘The Bernitsas Law Firm Energy Team not only possesses an unequivocal know how in the oil and gas sector, especially the upstream sector, but also has a timely, accurate and fully substantiated response in every task assigned to them, no matter its complexity. Compared to other firms in the energy sector that we have collaborated with recently, they stand out for their ability in creating strong bonds of trust among their clientele thus ensuring that their clients are in good and experienced hands.’

‘It should be noted that the partners themselves show a unique interest in every single case the energy team handles while simultaneously maintaining a reasonable billing for the firm.’

‘They know energy regulation and legislation very well, are available at all times and they understand the business practices very well.’

‘Good lawyers who help a lot in the negotiation process, not just from a legal point of view, but also taking into account the local culture which is very important as we are a foreign investor. Available day and night.’

Key clients

Alpha Bank

China Three Gorges

CNIC Corporation Limited

CVC Capital Partners

Emeren LTD

Gastrade SA

Hellenic Petroleum SA

Hellenic Petroleum Renewables SA

Hellenic Republic

ICGB AD

Masdar

Mitsubishi Hitachi Power

Motor Oil

National Bank of Greece SA

Pimco

PPC (Public Power Corporation)

RWE Supply & Trading

S’ENERGY Renewable Energy

SINO-CEE Fund

Shanghai Dahzong Utility

Solarmacht

Taaleri Energia

Vinci Energies

YHS STRYMON SA

Work highlights

  • Advised Motor Oil Hellas on the acquisition from an entity controlled by a leading global investment fund of a portfolio of 12 wind farms with a total capacity of 240MW.
  • Advised CVC on its participation in the tender conducted by PPC for the sale of 49% of Hellenic Electricity Distribution Network Operator (HEDNO).
  • Advised Motor Oil and PPC in its participation in the tender conducted by the Hellenic Republic Assets Development Fund (HRADF) for the privatisation of DEPA COMMERCIAL.

Karatzas & Partners

Karatzas & Partners is notably strong in long-term projects connected with the oil and gas, renewable energy and power industries. It handles a wide ambit of mandates, including those concerning project development and project financing. The firm is acting for PPC on the sale of its 49% share of HENDO to a strategic investor. Christina Faitakis, Alexander Metallinos and Valia Apostolopoulou are the co-heads of the practice. Another notable individual is Anastasia Petta.

Practice head(s):

Christina Faitakis; Alexander Metallinos; Valia Apostolopoulou

Other key lawyers:

Anastasia Petta; Georgia Vathi

Testimonials

‘Exceptional knowledge of the energy regulatory framework and very good grasp of the rapidly evolving energy market. Efficiency and responsiveness, direct involvement of partners in negotiations and attention to business needs.’

‘Valia Apostolopoulou, as the leading energy partner, has been involved in a wide variety of financing transactions especially focusing on financing of energy-related projects. She is sharp and attentive to detail and she has a deep knowledge of the energy legislation and relevant regulatory framework in Greece.’

Key clients

National Bank of Greece SA

European Investment Bank (EIB)

Italgas SpA

EDPR

DEPA SA

Eurobank SA

PPCR SA

Work highlights

  • Advised EDP Renewables Europe on the acquisition of 100% of the participation units in Wind Shape Ltd for €5.2m.
  • Acted for Ellaktor S.A. in its joint venture with EDP Renewables for the development and implementation of a portfolio of wind parks with a capacity of 900MWs.
  • Advised National Bank of Greece S.A. and Eurobank S.A. on a secured bond loan issuance of up to €8.73m in addition to another secured bond loan issuance of up to €9.91m.

Kyriakides Georgopoulos Law Firm

Kyriakides Georgopoulos Law Firm has a sizeable energy, utilities and infrastructure team, which advises on a variety of related matters concerning high-profile projects. Its expertise includes M&A, project finance, project agreements and tax planning. In 2020, highlights included advising Alpha Bank on the financing of nine wind parks. Gus Papamichalopoulos, Elisabeth Eleftheriades and Ioanna Antonopoulou jointly lead the practice. Evi Dimitropoulou and Konstantinos Varelas are other notable individuals, in the group, as is senior associate Aristotelis Katranis.

Practice head(s):

Gus Papamichalopoulos; Elisabeth Eleftheriades; Ioanna Antonopoulou

Other key lawyers:

Evi Dimitropoulou; Kimon Tsakiris; Konstantinos Varelas; Antonis Koumpias; Mariela Tiliakou; Aristotelis Katranis

Testimonials

‘Reliable law firm, hands on the case, committed, conscientious, willing to help and responsible. High level of expertise.’

Key clients

ABO WIND A.G.

ADMIE S.A.

QAIR ENERGY (INTERNATIONAL)

DESFA

AXPO Bulgaria EAD

AXPO SOLUTIONS AG (Greek Branch)

BLUE GRID GAS & POWER

Calfrac Well Services LTD

STATKRAFT AS

EDF EN HELLAS

ENAGAS INTERNACIONAL S.L.U.

Deutsche Erneuerbare Energie GmBH

FLUXYS S.A.

Snam SpA

GEK TERNA S.A

ILIA ENERGY INC.

IREDL International Renewable Energy Development

MOTOR OIL S.A.

RWE Renewables GmbH

State Grid Corporation of China (SGCC) and State Grid Europe Limited (SGEL)/ Privatization of the Greek IPTO

VITOL S.A.

WIRCON GmbH

Lightsource bp

AXPO SOLUTIONS AG (Greek Branch)

STEAG SOLAR ENERGY Solutions GmbH

RECOM SOLAR TECHNOLOGIES

TERNA ENERGY S.A.

China Three Gorges (Europe) S.A.

Lambadarios Law Firm

Lambadarios Law Firm is well regarded in the energy market and is a first port of call for advice on acquisitions, financing, regulatory issues and dispute resolution. Its work spans the renewable energy, oil and gas, electricity generation and photovoltaic spheres. As part of a series of high-profile transactions, it advised DEPA on its restructuring and subsequent privatisation amounting to €1bn; this is the largest ongoing restructuring in Greece’s energy sector. It also acts for all four of the Greek systemic banks. George Panopoulos, Yannis Kourniotis and Constantinos Lambadarios  collectively lead the practice.

Practice head(s):

George Panopoulos; Yannis Kourniotis; Constantinos Lambadarios

Other key lawyers:

Magdalini Vlachopoulou

Testimonials

‘General business understanding and long-term experience within the project finance field.’

‘Very strong team. Skilful lawyers. High level. Impressive results.’

‘The team has managed to have a swift and in-depth understanding of the commercial and technical aspects of the investment, thus being able to support our company in crucial and delicate legal matters that are arise.’

‘We have been working with certain partners of the Lambadarios Law Firm for many years. The collaboration is excellent, their response is fast and they have contributed in the resolution of important legal issues of our business.’

‘LLF was chosen for providing high-quality legal advice and having wide market knowledge, as well as responsiveness to client. We would rate the client service provided to us as excellent, in view of this law firm’s client-oriented approach in combination with high-level legal background and expertise, as well as thorough market understanding.’

‘I work very closely with George Panopoulos, who is in my opinion, the leading expert on energy law in Hellas. He advises us extremely efficiently on energy-related transactions, and more specifically on regulation and disputes across the wholesale and retail markets. He possess a renowned, in-depth knowledge on the commercial and operational aspects of the energy sector.’

‘Excellent and in-depth knowledge of the energy sector, always providing solutions and brilliant ideas. High negotiation skills.’

Key clients

Gastrade S.A.

Piraeus Bank

DEPA S.A.

HEDNO

FLNG RUS

Terna S.A.

Public Power Corporation (PPC)

Work highlights

  • Advised Gastrade S.A. on the Floating Storage Regasification Unit project amounting to €400m.
  • Advised a consortium of Greek banks in relation to the financing of €700m expansion of the National Natural Gas Grid by the Hellenic Gas Transmission System Operator.
  • Advised Piraeus Bank on the financing of a green energy project regarding the acquisition of renewables assets with a total capacity of 67.3MWs.

Metaxas & Associates Law Firm

Metaxas & Associates Law Firm  has a strong track record acting for clients on the development, project financing and construction of energy projects. It also advises on M&A, as well as licensing, compliance and litigation. It also represents clients before the Regulatory Authority for Energy, the Hellenic Competition Commission, the European Commission and all national and EU courts. Recent work included advising Hellenic Hydrocarbon Resources Management on the drafting of a law amending offshore safety in hydrocarbon activities. Antonis Metaxas chairs the Hellenic Energy Regulation Institute. He co-heads the practice with Efstathios Kakounis, who is well-versed in energy investments. Associate Ioannis Floros is also a key contact.

Practice head(s):

Antonis Metaxas; Efstathios Kakounis

Other key lawyers:

Christina Katsanou; Maria-Konstantina Lili-Kokkori; Ioannis Floros

Testimonials

‘They have provided us with expert legal advice whenever we had to deal with energy law issues. I consider them to be one of the best in Greece in their field. Their services are absolutely in line with European standards. Their work is of high quality and I consider Professor Metaxas and his team as true experts, as far as energy law and regulation goes.’

‘We have been very satisfied by the way M&A eased our cooperation during the Covid-19 pandemic and the digital communication with them remained extremely direct and efficient. I would like to highlight the personal participation of Professor Metaxas in our case, which was really appreciated as his profound knowledge is of utmost importance to our needs.’

‘Professor Antonios Metaxas. High level of expertise, high level of commitment and excellent services’

‘I appreciate the thorough knowledge of the energy sector and the hands on approach of the Firm.’

‘Client oriented and hands on approach gives a competitive advantage, especially when combined with thorough knowledge of the energy sector, brings excellent results.’

‘I felt their work is high-quality and all attorneys are true experts as far as Energy Law and regulation goes, and they approach their practice professionally. Professor Metaxas has managed to achieve the highest expertise on energy matters and he manages a highly skilled team.’

‘Professor Metaxas combines professional and academic knowledge and this is one trait that distinguishes the legal advice delivered by this law firm. Besides his impressive expertise, he has managed to assemble a highly skilled team of associates who offer detailed and precise advice.’

Key clients

ADMIE S.A.

DESFA S.A.

HELLENIC HYDROCARBON RESOURCES MANAGEMENT S.A.

ENTEKA S.A.

ELPEDISON S.A.

AIOLOS AEROTECHNIKI S.A.

NEXTA CAPITAL PARTNERS LTD

ELMYA S.A.

Cluster of Industrial Clients

Cluster of Industrial Electricity Consumers

SYNERGIA MANAGEMENT CONSULTING

Panhellenic Association of Photovoltaic Power Producers

VOURDOUBAS ENERGEIAKI M.E.P.E

Hellenic Petroleum S.A.

ENVALUE Energie Holding GmbH & Co. KG

MUNICIPALITY OF MEGALOPOLIS

PETROGAZ ENERGY S.A.

Work highlights

  • Advised Hellenic Hydrocarbon Resources Management S.A. on the drafting of a Law amending (Law no. 4409/2016) on offshore safety in hydrocarbon activities and also drafting Ministerial Decision amending MD no. 48416/2037/2011 for the safe geological storage of carbon dioxide.
  • Advised HELLENIC PETROLEUM S.A. on filing a series of lawsuits against ADMIE requesting compensation for the significant losses and damages caused by the complete and power outage in both its industrial facilities in the areas of Aspropyrgos and Elefsina.
  • Acted for Petrogaz Energy S.A in successful arbitration before the Regulatory Authority for Energy (RAE), following a dispute with a wholesale electricity provider in Bulgaria.

Zepos & Yannopoulos

Zepos & Yannopoulos' multidisciplinary team demonstrates strong capabilities in energy transactions, project development and regulatory matters. It is a leading name in the clean energy arena and is increasingly active in handling development agreements connected with greenfield projects. Led by Anastasia Makri, the team is advising EDP Renewables on the acquisition of two renewable energy projects in Greece. Makri, who heads up the practice, has expertise in energy and infrastructure-related M&A and project development matters.

Practice head(s):

Anastasia Makri

Other key lawyers:

Sofia Chatzigiannidou; Smaragda Spyrou; Georgia Tsiaoussi

Testimonials

‘Competent team, factually sound with a high level of commitment and always has the client’s interests at heart.’

‘We can highly recommend their partner Anastasia Makri; factual and convincing in terms of content as well as her associate Georgia Tsiaoussi.’

‘Excellent team. One of the best.’

Key clients

AQUILA CAPITAL

BLUE GRID GAS & POWER

CANADIAN SOLAR EMEA GMBH

EDP RENEWABLES EUROPE SLU (EDPR)

ENEL GREEN POWER SA

EUROPEAN ENERGY

HELLENIC PETROLEUM

MYTILINAIOS GROUP

NBT

REPSOL & REPSOL EXPLORACION SA

Work highlights

  • Advised EDP Renewables on acquiring two renewable energy projects in Greece of a total capacity of 52.8MWs.
  • Advised Mytilineos on the international competitive tender for the acquisition of a majority stake in the state-controlled gas utility DEPA’s wholesale and retail business supplier.
  • Advised PPC on energy regulations in connection with the inaugural international offering by PPC of €650m sustainability-linked notes.

Dryllerakis & Associates

Dryllerakis & Associates is praised for providing ‘full service high-quality legal assistance‘ in relation to the development, financing and construction of energy projects. Emmanuel Dryllerakis, who leads the practice, has experience of acting for clients on the acquisition and development of RES portfolios in the energy sector. The firm advised Hellenic Petroleum on the privatisation tender process of DEPA Infrastructure and DEPA Commercial. Cleomenis Yannikas is also recommended.

Practice head(s):

Emmanuel Dryllerakis

Other key lawyers:

Cleomenis Yannikas; Maria Stoumpidi; Eleftherios Rantos; Anna Ntionia

Key clients

Elinoil S.A.

Enallaktiki Energeia S.A.

ENEL Green Power Hellas S.A.

Hellenic Electricity Distribution Network Operator S.A.

Hellenic Petroleum S.A.

Larco S.A.

Reden Solar

Systems Sunlight S.A.

Watt and Volt S.A.

Work highlights

  • Advised Hellenic Petroleum SA with regard to the privatization tender process of DEPA Infrastructure and DEPA commercial SA.
  • Advised Enel Green Power SA with regard to any aspect of on-going investment projects and day-to-day legal issues related to already operating RES projects.
  • Acted for Hellenic Electricity Distribution Network Operator SA with regard to regulatory compliance issues, tendering procedures and wide range of contracts.

Fortsakis, Diakopoulos, Mylonogiannis & Associates Law Firm

Fortsakis, Diakopoulos, Mylonogiannis & Associates Law Firm's team is highlighted for its expertise in the RES regulatory framework, as well as natural gas matters. Its expertise is renowned within the market, as has been evidenced by its appointment by the Greek Ministry of Infrastructure and Energy to advise on the incorporation into Greek law of the EU directive on the promotion of the use of energy from renewable sources. Theodore Fortsakis and Dimitris Diakopoulos co-head the team.

Practice head(s):

Theodore Fortsakis; Dimitris Diakopoulos

Other key lawyers:

George Mylonogiannis; Nikolas Avgouleas; Maria Totsika; Katerina Patsantara

Testimonials

Strong commitment to your case. Personal involvement of key lawyers. Good knowledge of legal issues. Very good reputation of the firm in the Greek community.’

‘The partners have specialized extraordinary skills and are among the best experts in their field in the country.’

‘The practice is very professional, accessible, provides very fast feedback and it offers competitive prices.’

‘They establish a personal relationship with the client and they make sure they satisfy the clients needs. They are always willing to help.’

Key clients

MINISTRY OF ENVIRONMENT AND ENERGY

DEPA INFRASTRUCTURE SA

DEPA COMMERCIAL SA

EDA ATTIKIS SA

SPES SOLARIS 2 SA

TAFF PRIME DEVELOP SA

AIOLIKI PANACHAIKOU SA

4E ENERGIAKI SA

STATKRAFT

IGI POSEIDON SA

Work highlights

  • Advised the Greek Ministry of Infrastructure and Energy to prepare the bill for the incorporation into Greek Law of the EU Directive 2018/2001 “on the promotion of the use of energy from renewable sources”.
  • Advised DEPA Infrastructure SA on all energy-related legal matters.
  • Advised Statkraft Markets GmbH on registration matters with the HETS Operator Registry.

KLC Law Firm

KLC Law Firm is trusted with an array of landmark assignments, assisting clients with significant energy projects and transactions. Recent work included acting as the legal adviser to First State Investment fund, which was shortlisted to the second stage of the international bidding process in relation to the electricity distribution grid operator DEDDIE. In addition, it is also advising Qatar Petroleum on the divestment of its stake in Heron II, operating a 420MW Greek gas fired power plant. Alexandros Tsirigos and Vassilis Karayiannis jointly lead the practice.

Practice head(s):

Alexandros Tsirigos; Vassilis Karagiannis

Other key lawyers:

Tasos Kollas

Testimonials

‘KLC is a strong legal team who are committed to the clients. KLC’s legal advice was practical and efficient, and helped us go forward faster.’

‘Alexandros Tsirigos has a talent in finding solutions for both parties and never proposes methods and tactics that makes things difficult.’

‘The team is an expert in the energy law. Always very helpful and attentive.’

‘They are solution oriented.’

‘This is a team that is highly responsive and takes a solution oriented approach towards complex legal issues. Their key advantage is their willingness to think outside of the box and adjust the processes to provide tailor made advice that meets business requirements.’

‘Very good knowledge of the Greek market – The team is responsive with quick answers – Very good drafting skills for highly structured transactions – Pro-activity.’

‘The energy sector constantly changes and is important to have a law firm that is updated and has deep knowledge. The team of KLC is highly capable to understand the challenges and consult effectively.’

Key clients

FIRST SENTIER INVESTORS (DEDDIE)

EDISON/HELPE CONSORTIUM (DEPA COMMERCIAL)

FIRST STATE INVESTMENTS (DEPA INFRASTRUCTURE)

NATIONAL ENERGY

SHANGHAI ELECTRIC (SEC) / SUNEL CONSORTIUM

SHANGHAI ELECTRIC CORPORATION (SEC)

IGI POSEIDON S.A.

A-ILIOS GROUP (ENIPEAS)

EDISON INTERNATIONAL SPA

HALYVOURGIKI S.A.

QATAR PETROLEUM GROUP

ELDORADO GOLD / HELLAS GOLD

AXPO GROUP

IB VOGT

TERNA – RETE (TERNA SPA)

POWER CAPITAL

SUNEL

ADAENCO

IDEA CONSULTANTS

ENERGO PRO

Work highlights

  • Advised First Sentier Investors on the international bidding process for the sale of a 49% stake in the local electricity distribution grid operator (DEDDIE), currently 100% owned by the state-controlled Public Power Corporation.
  • Advised consortium of Shanghai Electric Corporation (Hong Kong) and Sunel group participating in two international public tenders launched by PPC Renewables to build a 200MW solar park and a 50MW solar park in Greece at approximately €138.5m.
  • Advised Edison in its participation in consortium with HELPE in the international tender conducted by the Hellenic Republic Assets Development Fund (HRADF) for the privatization of DEPA Commercial.

Masouros & Partners

Masouros & Partners is prominent in big-ticket transactions in the Greek energy sector, with clients turning to the firm for advice on mergers, asset and share acquisitions, as well as reorganisations. In addition to undertaking transactional work, practice head Pavlos Masouros has extensive experience of acting for clients in proceedings before international arbitration tribunals and Greek and foreign state courts. Notable work included advising Public Power Corporation on its joint venture with Archirodon to bid for a hydroelectrical 1.2GW project.

Practice head(s):

Pavlos Masouros

Key clients

Hive Energy Ltd

Petrolina (Holdings) Public Ltd

Energetický a průmyslový holding, a.s.

Public Power Corporation S.A.

Hellenic Energy Distribution Network Operator S.A.

Work highlights

  • Acted for Hellenic Energy Distribution Network Operator S.A. on the spin-off of assets from PPC prior to the later selling a 49% stake in HEDNO.
  • Advised Energetický a průmyslový holding, a.s. on the bidding contest for DEPA Infrastructure.
  • Advised PPC on a joint venture bid for a 1.2GW hydroelectrical project in Northern Macedonia.

POTAMITISVEKRIS

POTAMITISVEKRIS' team is highlighted for its depth of knowledge within energy transactions, where it advises both domestic and international clients. Practice head Euripides Ioannou has vast experience, which encompasses energy regulation, renewable energy, electricity and oil and gas and acquisitions. Other individuals to note are senior associates Dimitra Rachouti and Anthea Terlegas, who assisted Piraeus Bank with financing of a PV project with a capacity of 130MW.

Practice head(s):

Euripides Ioannou

Other key lawyers:

Anthea Terlegas; Dimitra Rachouti; Nikolaos Kampantais; Vasilis Tsintavis; Magda Zionga; Efstathia Yperifanou

Testimonials

‘We have executed multiple transactions with PotamitisVekris law office in the past few months and years and their service has been exemplary, assisting us not only on pure due diligence and documentation drafting, but also giving us material advice on issues raised as well as actively participating in the negotiation with clients and their legal advisors, executing complex transactions at very tight deadlines.’

‘Euripides Ioannou and Anthea Terlegas are very hands-on, proactive, advising us very effectively on all issues raised and participating in our negotiations with clients very actively and supportively.’

‘We work in the PV sector and appreciate PotamitisVekris’ experience and deep knowledge in the field.’

‘Team is a pleasure to work with. Sound, commercial and practical approach/advice. Very responsive and dedicated.’

‘Special mention for Euripides Ioannou and Anthea Terlegas, who are both exceptional.’

Key clients

Piraeus Bank

China Energy

Alpha Bank

National Bank of Greece

Terna Energy

Cubico Sustainable Investments Limited

Elsewedy Electric

COPENHAGEN INFRASTRUCTURE NEW MARKETS FUND I K/S

National Energy

Stuart Solar

Work highlights

  • Advised National Energy on financing the construction of PV projects with an aggregate capacity of 130MWs.
  • Advised Terna Energy on the project financing of the construction of 18 wind farms with a capacity of 330MW.

Rokas Law Firm

Rokas Law Firm‘s varied workload includes advice on the unbundling of vertically integrated energy entities, tariff issues, trading and supply, certificates and authorizations and joint ventures. It also handles RES matters and environmental law issues. It recently advised the Hellenic Republic Asset Development Fund on the granting of a concession for the construction and operation of the Underground Offshore Gas Storage facility. The practice is led by Mira Todorovic Symeonides.

Practice head(s):

Mira Todorovic Symeonides

Other key lawyers:

Harris Synodinos; Maria Ioannou

Testimonials

‘Excellent expertise regarding photovoltaics; excellent service level.’

‘Excellent business acumen, very good responsiveness and very pleasant to work with.’

‘Exceptional cooperation and a well organised team with the relevant know-how that truly gets things done.’

‘High level of professionalism and commitment. The co-operation with Ms Todorovic was exceptional as well as the availability and quick responses to solve or resolve issues.’

‘Outstanding knowledge of the local market; well experienced when dealing with Authorities; multiple persons dedicated to serve the client.’

‘Available on short notice; perfect English; attention to detail. Mrs. Mira Todorovic is our main contact and we have received outstanding service.’

Key clients

Hellenic Republic Asset Development Fund (HRADF)

WAS Srl.

DEPA

Energy Charter

HELPE

Work highlights

  • Advised the Hellenic Republic Asset Development Fund regarding the granting of concession for the construction and operation of the Underground Offshore Gas Storage facility with PriceWaterhouseCoopers Business Solutions S.A. and SEAL ENERGY Pty Ltd.
  • Represented DEPA S.A. in a dispute resolution process with the Greek TSO (DESFA), with regard to a compensation claim related to charges for booked gas transmission capacities.
  • Represented HELPE in litigation proceedings with the Greek Electricity TSO regarding charges imposed to auto-producers of high efficiency Cogeneration of Heat and Power (CHP).

Watson Farley & Williams – Greek Branch

Watson Farley & Williams – Greek Branch has a sizeable team dedicated to handling energy matters, with experience of PV projects relating to energy support scheme auctions and the negotiation of joint ventures and funding agreements. The practice is led by Virginia Murray, who acts for clients such as EDF Energies Nouvelles, Terna Energy and National Bank of Greece. Senior associate Maira Galani is also noted for her strength in project finance, M&A and regulatory issues in the energy sector.

Practice head(s):

Virginia Murray

Other key lawyers:

Marisetta Marcopoulou; Maira Galani

Testimonials

‘Virginia Murray is a valuable collaborator of many years, a natural choice after so many successful transactions where she played a key role leading her team. Always available and highly professional.’

‘Great experience in the energy sector and highly professional and experienced personnel.’

‘Knowledgeable but also practical; gives robust and timely advice; commercially oriented.’

Key clients

CUBICO SUSTAINABLE INVESTMENTS LIMITED

TOTAL EREN SA

EDF EN

EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT

METKA EGN LIMITED

JASPER WIND HELLAS SA

EMERGYA WIND TECHNOLOGIES (EWT)

547 ENERGY (QUANTUM ENERGY CAPITAL)

CANTREVA SA

BAYWA R.E.

ALPHA BANK SA

EUNICE ENERGY GROUP

THEMELI SA

NATIONAL BANK OF GREECE SA

RF ENERGY SA

PURENERGY SA

BLUE ELEPHANT

WATTCROP

Work highlights

  • Advised Wattcrop on a solar PV joint venture with Green Investment Group’s portfolio company Cero Generation.
  • Advised Blue Elephant Energy AG on the acquisition of operational solar parks in Greece with a total capacity of 45 MWp from ABO Wind AG.
  • Advised Cubico on its acquisition of K-Wind Kitheronas Energy S.A., which owns and operates the 21 MW Kitheronas onshore wind farm in central Greece, from Intracom Holdings S.A.

Alexander Vassardanis & Partners

Alexander Vassardanis & Partners advises on many significant energy projects both domestically and internationally. Its expertise is regularly sought-after in projects involving petrochemicals, power plants, wind, solar and waste-to energy. Further attention is given to oil and gas production processes, where the firm advises on transportation, storage and trading. Aphrodite Vassardani leads the practice.

Practice head(s):

Aphrodite Vassardani

Testimonials

‘Alexander Vassardanis & Partners is an outstanding law firm with the highest standards of professionalism and in-depth knowledge of energy. I am convinced that Alexander Vassardanis & Partners is undoubtedly the best law firm in this field.’

‘Ms. Aphrodite Vassardani is a distinguished lawyer. She is very experienced and she has impressed us with her ability to handle complex legal matters with the maximum effectiveness. She has my highest recommendation.’

‘Alexander Vassardanis & Partners is a top law firm that has an extremely strong energy team. The team provides high level efficient legal services.’

‘Aphrodite Vassardani is an excellent lawyer. We always trust the high standard of her work which has been invaluable for our cases. She has always handled our cases with great success. She is a leading lawyer in this field. We have perfect collaboration.’

‘Alexander Vassardanis & Partners is a leading law firm in the field of energy providing the highest standard of legal services. We are extremely satisfied.’

‘Aphrodite Vassardani, is a very highly skilled and experienced lawyer. She has proved that she successfully handles international cases and we always trust our most important cases in her hands. She has gained our trust with her high standards of professionalism. I recommend her very highly.’

Ioannis Vassardanis & Partners

Ioannis Vassardanis & Partners has a well-established reputation in the energy industry, including natural resources and utilities, as well as renewable energy and oil and gas. Reflective of its standing in the market, the firm generates mandates from local, international and multinational clients. Team head Ioannis Vassardanis is best known for his expertise in the energy-related legislative framework, acting for clients before the Greek and European authorities.

Practice head(s):

Ioannis Vassardanis

Other key lawyers:

Eleni Tsakri; Giouli Katsarou

Testimonials

‘The service from this law firm is outstanding as it brings a lot of experience on the sector and it uses present legislation to address any concerns and objectives by the client.’

‘I have been working with Ioannis, who has always shown tremendous knowledge and creativity in formulating legal solutions to address our objectives. I would highly recommend him to any of my peers.’

‘They always work as a team, which is the key to go far. They have long experience with the Energy-sector and are always up to date on the developments. Each of them is supplementing the others, and the result of the team is great.’

‘All of them are always working full-force to accomplish the best results.’

‘Mr. Ioannis Vassardanis has been rendering his services to our company all these years in the most professional way, sparing no resources and efforts to deliver as promised. This has built up trust and confidence with me and stands out, making the difference from competitors. Mrs. Eleni Tsakri has been a trustworthy person to work with, excelling with her diligence, patience, customer focus and result orientation.’

‘Excellent cooperation throughout many years. The team is characterized by high professionalism, deep knowledge of their field of work, advanced collaborative skills, reliability and ability to provide optimum solutions while safeguarding our organization’s interests.’

‘The partners in the firm, particularly the managing partner, take a very proactive role in client management and support. They have extensive knowledge of the local market and opportunities before they become public. We are working on a number of interesting opportunities together where they are able to help linking parties and bring interesting opportunities to the table.’

‘We have not dealt with any other Greek law firms where the lead partner plays such a dynamic and proactive role. For every problem, Ioannis has one or several solutions and is very innovative in his approach.’

Key clients

AVAX S.A.

ABB POWER GRIDS (of HITACHI GROUP OF COMPANIES)

Politis & Partners

Politis & Partners acts for a broad base of clients, including large international conglomerates, equity funds and sovereign entities. Recent work included assisting Survey Digital with the drafting of contracts, ADR procedures and regulatory matters. It is well versed in cross-border matters, attending to clients with complexities arising from Spain, Canada Cyprus and the United Kingdom. Vangelis Politis leads the practice.

Practice head(s):

Vangelis Politis

Other key lawyers:

Emmanouil Savoidakis; Nikolaos Anastopoulos; Dimitra Rossopoulou; Zoi Velaeti

Testimonials

‘What makes Politis and Partners unique is the senior partners’ level of dedication to their clients. The founder’s Western education (Duke University) sets his customer service levels much higher than the local competition in Greece and region.’

‘The team’s primary focus is on providing highly sophisticated corporate and commercial legal advice, making sure that the case is won for their client long before reaching the court.’

‘Although the legal cases handled by Politis & Partners so far have entailed a high degree of complexity, their legal team has been able to offer us an on-the-ground understanding of the Greek energy market and has successfully helped us navigate through demanding commercial negotiations, litigations and arbitrations.’

‘We particularly appreciated the technological innovations introduced by Politis & Partners in the recent years; they moved fast to digitalize their services and adapted themselves to new technologies in the face of the Covid-19 pandemic.

‘Vangelis Politis has remarkably broad experience in project finance and corporate law, as well as deep knowledge and understanding of the renewables industry. He is also a very efficient litigator and his advice is always to the point. He has selected an agile and solid team.’

‘Emmanouil Savoidakis has integrity and passion that are pivotal to a good working relationship. His calm, clear advice and support in a wide range of legal matters are highly appreciated.’

‘Nikos Anastopoulos is friendly and provides excellent legal advice. He is always hugely committed to offering exquisite legal services and he is willing to go the extra mile for the clients.’

Key clients

SPI Energy Co. Ltd (SPI)

Survey Digital

Emel Solar Ltd.

Sarantitis

Sarantitis has a significant foothold in the energy and natural resource sector, with a notable strength in renewables. Recent work included advising Sentrade Strategic Energy Trading Energean on the supply, distribution and trading of electricity, as well as the trading of options on greenhouse gas emissions. Theodora Monochartzis leads the practice.

Practice head(s):

Theodora Monochartzis

Other key lawyers:

Gregory Vlachos; Maria Avgidou

Key clients

Petrogaz S.A.

Union of Greek Electricity Traders

DG ENER (Directorate General for Energy of the European Commission)

Alpiq Energy SE

Alpiq Energy Hellas SA

EDL Hellas Ltd

Sentrade (Strategic Energy Trading Energean S.A.)

Work highlights

  • Advised PETROGAZ SA on an agreement for the rendering of highly specialized legal services to Petrogaz in the field of energy trading and supply and provided services.
  • Advised EDL Hellas on matters arising from the forming of a consortium for the ‘Installation for the operation of Biogas in Ano Liossia Landfill Site aiming to the Production of Electric and Thermal Energy’.
  • Advised Union of Greek Electricity Traders on all legal matters arising from the operation of the Union of Greek Electricity Traders.