Firms To Watch: Energy

MStR Law | Michelis Strongylaki Reinhardt has strong capabilities in the renewable energy sector, handling both contentious and non-contentious work. Nassos Michelis and Dirk Reinhardt share leadership of the team.

Energy in Greece

Bernitsas Law

Bernitsas Law is renowned for its expertise in advising developers and international investors in the energy market, handing work including renewables M&A deals, natural gas infrastructure and electricity transmission, among other areas of expertise. A number of recent instructions have come from key Middle Eastern players in the photovoltaic market. The practice is headed by Yannis Seiradakis, who works regularly with financial advisers and developers, private and institutional investors, and Greek state-owned companies.

Practice head(s):

Yannis Seiradakis

Other key lawyers:

Eleni Stazilova; Stella Papakosta


‘Professionals but at the same time very personal. We have been working with the Energy practice team for a while now and we enjoy the professionalism, the responsiveness, the knowledge and most important the level of comfort we as a client get when discussing sensitive matters with them. Willing to go the extra mile to help with the issue at hand, the firm is also enjoying a very good reputation in the local market as an exceptional competent and ethical entity which is very helpful, especially when dealing with Government entities.’

‘Professional, knowledgeable, experienced, well structured, team workers, efficient and dedicated, able to perform under pressure and tight deadlines, they offer top-quality services in a broad spectrum of legal, M&A and competition issues.’

‘Yannis Seiradakis displays willingness and ability to understand the issues by challenging and deep-digging, solution seeker, coordination skills.’

‘The Bernitsas energy team is excellent! They have deep knowledge in the energy sector, they are very committed to the client and provide practical advice.’


Key clients

Alpha Bank

Akuo Energy

China Three Gorges

CNIC Corporation Limited

CVC Capital Partners

Econergy Renewable Energy (Econenergy)

Gastrade SA

Hellenic Petroleum SA

Hellenic Petroleum Renewables SA

Hellenic Republic



Mitsubishi Hitachi Power

Motor Oil

National Bank of Greece SA


PPC (Public Power Corporation)

RWE Supply & Trading

S’ENERGY Renewable Energy


Shanghai Dahzong Utility


Taaleri Energia

Vinci Energies


Work highlights

  • Advised Econergy Renewable Energy (Econenergy) in their entry into the Greek clean energy market through the acquisition of 49% of Renven SA’s stake in Iliaki Pikrolimnis SA, a joint venture between Terna Energy and Renven SA.
  • Advised Hellenic Petroleum Renewables SA in relation to the acquisition of a 16MW portfolio of operating PV plants from Trina Solar.
  • Acted as sole Greek legal advisor to Gastrade, advised on the Alexandroupolis INGS, which comprises an offshore 153,500 sqm capacity floating unit for the reception, storage and re-gasification of LNG and a system of a subsea and an onshore gas transmission pipeline.

Karatzas & Partners

Karatzas & Partners is recognized for its adeptness at handling complex long term energy projects for multinational clients. The team has strong experience in oil & gas, as well as renewable energy and regularly acts on behalf of lender side clients. The team is led by Christina Faitakis and Valia Apostolopoulou who have strong regulatory expertise, particularly in the field of renewables.

Practice head(s):

Christina Faitakis; Valia Apostolopoulou

Other key lawyers:

Anastasia Petta; Sophia Mavridou


‘Expertise on a wide range of legal fields, efficiency, immediate response and follow up.’

‘I have worked a number of times with Valia Apostolopoulou, a partner in the firm and the quality of the services we have received has been excellent. Interesting to note that she on many occasions she has identified legal issues that other competitors have missed.’

‘Super in financing, very good in M&A and energy’

‘Sophia Mavridou is a competent practitioner with an understanding of issues across the renewables development life-cycle and how that impacts commercial transactions.’


Kyriakides Georgopoulos Law Firm

Kyriakides Georgopoulos Law Firm fields an expanding team of dedicated experts in energy law and regulation. The firm provides assistance in all aspects of energy transactions including M&A deals in the sector, project finance, project agreements, corporate and tax planning. The team is led by renowned industry expert Gus Papamichalopoulos . Ioanna Antonopoulou is well regarded for her experience handling the financing of large energy and infrastructure projects. Evi Dimitropoulou has experience developing joint development agreements for renewables projects and drafting and negotiating project agreements.

Practice head(s):

Gus Papamichalopoulos

Other key lawyers:

Ioanna Antonopoulou


‘They have a strong background knowledge and capability in the energy sector and market conventions with a wider full-service practice able to assist with all our Greek market requirements.’

‘Gus Papamichalopoulos is very knowledgable, client centric and cares about the work product of his team.

‘Senior associate Konstantinos Varelas supported us on a groundbreaking deal and was very committed and stood his ground to support our interests even when problems arose in the 11th hour to ensure the best possible outcome for us as his client.’

‘Extremely competent, with a broad range of knowledge in most fields of law, very flexible and open minded and extremely responsive to our request.’

‘Very kind, responsive, competent and fast. They quickly align and cover the needs of the client efficiently. Highly skilled motivated lawyers with an excellent reputation in the market and abroad. Gus Papamichalopoulos is very competent and efficient, high expertise and knowledge of all key areas of expertise.’

‘A reliable and professional legal team, with expert and experienced lawyers, committed and business oriented. Delivers quality advice on time and are open to discuss any issue arising.’

‘Gus Papamichalopoulos is an excellent lawyer and professional, highly collaborative and great in addressing business needs with sound legal advice.’

Lambadarios Law Firm

Lambadarios Law Firm offers both lenders and sponsors advice on energy related financing, compliance, acquisitions, and dispute resolution. The team has capabilities in renewable energy, hydrocarbons and power utilities. The firm is regarded for its expertise in renewable energy regulatory matters as well as its sector-focussed dispute resolution work. The team is led by George Panopoulos, Yannis Kourniotis , and Constantinos Lambadarios , all of whom are prominent figures in the market.

Practice head(s):

George Panopoulos; Yannis Kourniotis; Constantinos Lambadarios


‘They stand by us trying their best to help us and they achieve it’

‘In the first project (which is still on-going), we needed to prepare the legal documents (SHA, SPA) of a complicated transaction, and the result was clear, understandable and based on market standards. For the same project we needed to address any competition issues, and potentially prepare the filing to the Competition Authority. All issues were completed with professionalism and absolute knowledge of the legal framework.’

‘For the second project, Lambadarios colleagues helped establish a Joint Venture with a partner, to jointly submit a bid for the international tender. Again, the drafting and negotiations were handled in an optimum way.’

‘Both colleagues were very efficient and produced results on time, in accordance with the projects’ milestones.’

‘The deep knowledge of the subjects they are asking to deal with. Also the absolutely professional approach of the matters, as well as, the prompt response to any call.’

‘Last years I have been worked with George Panopoulos. He is a very good lawyer, always with positive attitude towards work, available at any time of the day to consult me and my colleagues. He is a strong personality with deep knowledge of the legal matters. He always comes to the meetings very well prepared. He is a really good professional, that I delight to cooperate with him since I appreciate him very much.’

‘Full professionalism, excellent knowledge of their subjects, continuous availability, fair pricing, team spirit, technological sustainability’

‘This is a team that has particular experience in advising through the energy value chain. Their energy sector knowledge is comprehensive and savvy.’

Key clients

Hellenic Petroleum



Lightsource BP





Blue Sea Power (FLNG RUS)



Bank Syndicate





Work highlights

  • Advised Orsted A/S, which is engaged in the development, construction, and operation of offshore wind farms, in its bid for Greek wind farms from Spanish wind turbine manufacturer Siemens Gamesa.
  • Advise Blue Sea Power on the €350 million project to develop Floating Storage Regasification Power Barges in selected areas of Greece.

Metaxas & Associates Law Firm

Metaxas & Associates Law Firm has built a strong reputation for its specialised knowledge of the Greek energy market, as well as its involvement in major transactions. The firm actively represents multinational investors and clients in precedent-setting cases before the Regulatory Authority for Energy and the national courts. The team is led by much lauded Antonis Metaxas, who has particular experience advising RES companies and dominant Greek industrial clients. At senior associate level, Vassiliki Koumpli is noted.

Practice head(s):

Antonis Metaxas

Other key lawyers:

Efstathios Kakounis; Vassiliki Koumpli


‘Their expertise in energy law and regulation is exceptional. The team of expert attorneys, often under the personal supervision of Antonis Metaxas himself, will go the extra mile to ensure that we get the best possible results. I highly appreciate the direct correspondence, efficiency and especially their commercial approach.’

‘Antonis Metaxas’ expertise is the reason we initiated our cooperation with the firm. He successfully leads an amazing team of attorneys characterized by experience, academic excellence and efficiency.’

‘High expertise and excellent quality of work in the area of expertise: energy. Outstanding performance and efficiency.’

‘Antonis Metaxas is a famous professor of law recognised internationally as one of the professionals adding value in this area. Excellent name at an international level.’

‘We very frequently ask for expert legal advice by Metaxas & Associates Law Firm in cases related to demanding energy regulation issues. The firm is renowned for its niche expertise in energy law and regulation, thus we always trust them to handle especially most complicated cases.’

‘I appreciate that the whole team is always available for us, even on short notice. The communication is very smooth.’

‘Antonis Metaxas’ extraordinary expertise, correlating academic and professional excellence, stand out. But also, the whole team is beyond efficient.’

‘Very good in energy law and regulation.’

Key clients

DESFA S.A. – Hellenic Gas Transmission System Operator

BAYWA r.e.








Cluster of Industrial Clients



south east s.a.

Panhellenic Association of Photovoltaic Power Producers



Hellenic Petroleum (helpe) S.A.

helpe renewables s.a.


Cluster of RES producers in Greece

ENVALUE Energie Holding GmbH & Co. KG





Work highlights

  • Represented members of The Hellenic Association of Energy Suppliers in conflicts and legal disputes over adjustment clauses in energy supply contracts in light of the current severe energy crisis.
  • Represented ELPEDISON in its dispute on substantial regulatory issues with the Hellenic Electricity Distribution Network Operation before the Greek Regulatory Authority of Energy in respect of the provision of public service obligations.
  • Conducted an expert corporate legal due diligence report concerning four PV project company holders’ rights of a big PV portfolio on behalf of WPD Solar.

Zepos & Yannopoulos

Zepos & Yannopoulos stands out for its expertise in both transactional and regulatory matters related to clean energy projects. The firm provides advice to a diverse clientele on matters related to financing, development, licensing, environmental law, and dispute resolution. The team has notable experience providing advice to clients in the energy industry on tax and transportation matters. The practice is headed by Anastasia Makri who is extremely knowledgeable in the field of renewable energy innovation and compliance.

Practice head(s):

Anastasia Makri

Other key lawyers:

Sofia Chatzigiannidou; Smaragda Spyrou; Georgia Tsiaoussi


‘They are flexible and diligent in their work, providing a plan and easy to follow step by step procedures.’

‘I have worked with Anastasia Makri on Several projects and i noticed a very friendly approach providing a 360 approach. The same applies to Alex Karopoulos where I followed up on the assignment a few months later and he properly responded on time.’


Key clients


Blue Grid Gas & Power

Iberdrola Energias Renovables

EDP Renewables Europe SLU (EDPR)


European Energy

Hellenic Petroleum

AKUO Energy

V Group

Repsol & Repsol Exploracion SA

Work highlights

  • Represented European Energy as an intervening party and won before the Supreme Court provisional judicial protection against a third-party appeal to annul the environmental license for a significant renewable energy project.
  • Advised Hellenic Petroleum for the implementation of their 204.3 MW solar power plant in Northern Greece, the largest in operation RES project in Greece and one of the largest photovoltaic parks in Europe.
  • Advised PPC on Project Zeus, PPC’s international offering of €650 million 3.875% sustainability-linked senior notes due 2026 (Project Zeus), Europe’s inaugural securitisation of non-performing utility bills.

Dryllerakis & Associates

Dryllerakis & Associates’ multidisciplinary team has strong capabilities in energy related dispute resolution and has actively represented clients before the Energy Regulatory Authority. The firm regularly handles renewable energy projects and is skilled at government relations. Team leader Emmanuel Dryllerakis has experience advising leading clients in the Greek energy market on regulatory and compliance matters. He is assisted by Cleomenis Yannikas , who focusses on handling M&A and international project finance deals.

Practice head(s):

Emmanuel Dryllerakis

Other key lawyers:

Cleomenis Yannikas


‘An expert, highly experienced and diligent team of top lawyers, with a sound and swift understanding of a case, providing practical, realistic and business oriented solutions of value with high quality legal advice.’

‘John Dryllerakis is a uniquely exceptional lawyer, professional and person. Not only an expert, experienced, business-oriented lawyer and a great professional who will provide sound, valuable and reliable advice to clients and businesses, but also a true role model. Emanuel Dryllerakis and Mr. Cleomenis Yannikas are outstanding professionals and provide valuable and reliable legal advice.’

‘Very good professionals, very flexible trying to accommodate our needs.’

‘The people we work with try always and succeed to understand our needs and help us achieve our goals’

‘They have approached our matters in a unique and professional way. Trying to understand in depth the needs and the requests. Timely.’


Key clients

Hellenic Electricity Distribution Network Operator S.A.

Reden Solar

ENEL Green Power Hellas S.A.

Hellenic Petroleum S.A.

Larco S.A.

Systems Sunlight S.A.


Watt and Volt S.A.

ESC Energy Services Company SA

Elinoil S.A.

Enallaktiki Energeia S.A.

Euterpe Energy P.C.

Erato Energy P.C.

Work highlights

  • Advised the REDEN Solar Group, a leading multinational active in the renewables sector, with regards to a mega-project comprising the development of seven photovoltaic projects (of a total capacity of approx. 200MW).
  • Advised HEDNO with regard to the structuring of tender documentation and contract models in accordance with the national special legal framework applicable to HEDNO as well as the EU Directives on public procurement.
  • Advised the Hellenic Petroleum S.A. with regard to the sale of its 35% participation in DEPA Infrastructure SA (natural gas), in the relevant combined privatization process ran by the Privatization Fund (HRADF) for the sale of 65% stake held by the latter.

Fortsakis, Diakopoulos, Mylonogiannis & Associates Law Firm

Fortsakis, Diakopoulos, Mylonogiannis & Associates Law Firm ‘s energy practice stands out for its vast expertise in advising foreign and domestic clients in all areas of the energy sector including electricity generation and distribution. The team has in depth knowledge of the renewable energy regulatory framework and has particular experience in the natural gas sector. Dimitris Diakopoulos heads the team with Theodore Fortsakis  , who is a leading authority on the intersection of energy and tax law. Nikolas Avgouleas   contributes energy disputes expertise.

Practice head(s):

Theodore Fortsakis; Dimitris Diakopoulos

Other key lawyers:

Cleomenis Yannikas


‘The company tries and achieves to help us to achieve our goals’

‘They listen to our needs, and we work together to find the best solutions’

‘Timely response to urgent requests, longstanding cooperation with companies of energy sector, deep analysis of legal issues.’

Key clients


Ministry of Environment and Energy

Greek Subsidiaries of Total Eren

DEPA Infrastructure SA

EDA Attikis SA

Spes Solaris 2 SA

Taff Prime Develop SA


Aioliki Panachaikou SA

4E Energiaki SA

Work highlights

  • Advised and assisted ELLAKTOR SA with the spin-off of its renewable energy sector.
  • Assisted the Greek Ministry of Infrastructure and Energy in preparing 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”.
  • Defended TOTAL EREN’s Greek subsidiaries against an application for annulment challenging the electricity production licenses for a 330MW wind park on the island of Skyros.

KLC Law Firm

KLC Law Firm provides legal advice on all aspects of energy law including project development, financing and transfers of existing assets. The practice has particular experience in complex energy unbundling projects and often collaborates with finance and tax experts in complex cross-jurisdictional energy transactions. Alexandros Tsirigos  has extensive experience handling energy transactions and disputes for major international and domestic clients; he shares leadership of the team with Vassilis Karagiannis.

Practice head(s):

Alexandros Tsirigos; Vassilis Karagiannis


‘KLC Law Firm has a particularly strong energy practice, as it is one of the few law firms with substantial experience across the board in the Greek energy sector, having dealt extensively with all transactional, due diligence and regulatory aspects of oil, gas and electricity projects. KLC avails an experienced team of Energy and M&A practitioners who have been involved in most major energy projects in Greece in the recent years, advising international and local clients in high profile projects and complex cross-jurisdictional transactions. A unique feature of KLC energy practice is that their team of experts have in depth knowledge of special regulatory energy matters and are able to provide sophisticated advice on complex legal issues which require excellent command and understanding of the regulatory framework, going beyond the purely legal issues – a feature which is rare and particularly useful for a heavy industry with intense energy needs.’

‘KLC energy practice is headed by Alexandros Tsirigos, Deputy Managing Director, who has deep knowledge of both transactional and regulatory aspects of energy projects and provides value added legal advice. The team of partners in the energy practice comprise also Associate Professor Vassilis Voutsakis, a remarkably acute and experienced administrative law counsel, and Vassilis Karagiannis, an expert in energy regulation and competition and EU law matters.’

‘Excellent team with expertise covering many different areas of law.’

‘Alexandros Tsirigos and Vassilis Voutsakis are both high caliber lawyers and excellent colleagues.’

‘The team is high professional in Greece. They have high initiative during the service period, They are flexible in the communication with client so that they can understand more of the requirements of the Clients.’

‘Alexandros Tsirigos is high professional in the energy field. He is good at communication. He is flexible in the communication with client so that he can understand more of the requirements of the Clients.’

‘A firm one can count on, KLC Law Firm has an experienced team of professionals with great knowledge of the energy market. With lawyers who have very deep knowledge of the domestic regime KLC Law Firm provides a very professional and high-quality service.’

Key clients

EBRD – Ministry Of Energy

Siemens Energy

Motor Oil Renewables

First State Investments (DEPA Infrastructure)

National Energy

First Sentier Investors (DEDDIE)

Shanghai Electric Corporation (SEC)

IGI Poseidon S.A.

BaWya r.e.


Blue Elephant

Qatar Energy Group


Europe Insurance

Axpo Group

ib vogt

Modus Operandi




Work highlights

    Masouros & Partners

    Masouros & Partners has a built a strong energy practice with particular expertise in M&A. The firm stands out for its regular involvement in high-profile deals as well as its industry leading role in energy privatization and renewable energy storage projects. The team is led by Pavlos Masouros who advises corporate clients, foreign governments and state-owned organisations on leading corporate, commercial and M&A transactions in the Greek energy market.

    Practice head(s):

    Pavlos Masouros


    ‘The Energy team at Masouros is amazing. These are M&A lawyers who have developed an industry-specific expertise for Energy and take Energy law advice to the next level. Simply the best there is out there in the Greek market.’

    ‘Dr. Masouros is the most intelligent Counsel you would ever have on your side in an energy transaction. We feel we are 100% safe in his hands when he’s handling negotiations with our client’s counterparties.’

    ‘Over the years they have built one of the country’s strongest energy practices, having really transferred all their M&A expertise into this field. We use them for energy privatization projects, for delicate renewable energy storage projects in Greece and for very demanding energy acquisitions our clients do in Greece. They always deliver and we are always impressed.’

    ‘Pavlos Masouros knows the market inside-out. He’s been able to represent our clients in some very high-profile transactions and his calibre and legal genius has been more than evident in all assignments.’

    ‘This is one of the most sophisticated law firms for Energy Law matters and they are being sought for their expertise by foreign clients mainly in the RES area. Statistics show that they have advised in relation to RES matters that make up a total of 1/3 of the Greece RES network total capacity, so we often refer them to our clients for RES projects.’

    ‘Pavlos Masouros is the key figure within the energy law practice; he knows the players and regulators very well and is extremely knowledgeable of energy transactions.’

    ‘This energy practice is unique and probably one of the most well-known in the country. They are traditional advisors to PPC for a great number of mammoth projects and competition knows them as PPC Counsel. It wouldn’t be an exaggeration to say that they have literally co-shaped Greece’s current energy landscape by advising in relation to some of the country’s most critical energy deals. They were also pioneers in the ethical practice of law.’

    ‘They bring in their unparalleled corporate law expertise into the world of energy. We’ve been using them for years. They are reliable, always punctual, service-oriented.’

    Key clients

    Petrolina (Holdings) Public Ltd (largest oil company in Cyprus)

    Energetický a průmyslový holding, a.s. (“EPH”) (Czechia’s largest energy company)

    Public Power Corporation S.A. (Greece’s largest energy corporation)

    Hellenic Energy Distribution Network Operator S.A. (“HEDNO”) (the owner of Greece’s electricity distribution facilities)

    Public Power Renewables

    Work highlights

    • Acted for Hellenic Energy Distribution Network Operator S.A. (“HEDNO”) (the owner of Greece’s electricity distribution facilities) in a €1bn mega-deal.
    • Advised PPC in its first non-Greek energy project; joint bidding with Archirodon N.V. for the 330MW Cebren hydro-electric project procured by the Government of North Macedonia.
    • Advised EPH in connection with one of the mega-deals in Greece’s energy sector for 2021 in terms of both value and significance for the energy network in Greece.


    POTAMITISVEKRIS‘ project finance and energy team enjoys a stellar reputation for its expertise in handling project finance mandates for international and domestic lender clients. Euripides Ioannou leads the team with vast experience in energy M&A transactions and in-depth knowledge of the energy regulatory framework. He is assisted by Anthea Terlegas who has expertise in handling renewable energy projects, and Nikolaos Kampantais who has expertise in navigating concession projects.

    Practice head(s):

    Euripides Ioannou

    Other key lawyers:

    Anthea Terlegas; Nikolaos Kampantais


    ‘PotamitisVekris (PV) provides excellent legal advice. We have found their team knowledgeable, commercially reasonable, and adept at drafting financing documents.’

    ‘Our team has been impressed with their drafting capabilities and ability to identify mutual compromises.’

    ‘Large team, and one of the most experienced and internationally oriented firms in Greece. International standard of work.’

    ‘Euripidis Ioannou and Anthea Terlegas particularly stand out for their professionalism and skill.’

    Key clients

    Piraeus Bank

    National Bank of Greece

    Terna Energy

    Cubico Sustainable Investments Limited


    National Energy

    Aquila Capital

    Motor Oil

    Work highlights

    • Advised Motor Oil (a large oil and RES group) on its acquisition of majority stake in a portfolio of 2GW (including 435MW storage) of operating and under development projects from Ellakor Group.
    • Advised Piraeus Bank and National Bank of Greece on the financing a 330MW capacity wind project in Cape Kafireas that will be connected to mainland system via a submerged cable.
    • Advised National Bank of Greece on the financing of a large wind project of a capacity in excess of 400MW developed by 547 Energy, a Texan company.

    Reed Smith LLP

    Reed Smith LLP entered the Greek energy law market with the recruitment of Dimitris Assimakis and Minas Kitsilis in January 2021. Recent areas of expertise include gas turbine plants, as well as wind and photovoltaic energy, with bank-side instructions a key source of work of late.

    Practice head(s):

    Dimitris Assimakis

    Other key lawyers:

    Minas Kitsilis


    ‘Deep knowledge, simple approach, agile support’

    ‘I consider the energy team of Reed Smith as of outstanding level. It has a broad and thorough knowledge of the energy sector, having been involved in a great number of important related transactions, especially in the power market and is undoubtedly one of the most experienced in Greece. I’ve been fully satisfied by our cooperation, and I consider it as one of the leading references for legal practice in the Greek market.’

    ‘The head of the energy team Dimitris Assimakis is a true energy law expert who thinks outside the box and delivers concrete results by leading a very experienced team. Under his guidance the RS team excels in its practice.’

    Work highlights

      Rokas Law Firm

      Rokas Law Firm fields a team of experts with broad experience and expertise in energy market regulatory matters, particularly in the fields of electricity, renewable energy storage, oil and gas production, and transportation. The firm also represents clients in  disputes before the Regulatory Energy Agency. Mira Todorovic Symeonides heads the department and has significant experience in advising clients in energy licensing procedures in Greece both for gas and electricity. Maria Ioannou is knowledgeable in regulatory matters and regularly assists clients with energy and environmental compliance.

      Practice head(s):

      Mira Todorovic Symeonides

      Other key lawyers:

      Maria Ioannou


      ‘Smooth collaboration with legal team, expertise in energy markets / state aid matters, helpful and constructive liaisons with regulatory authorities, reasonable fees.’

      ‘The partners are business oriented.’

      ‘Know-how of the Energy sector both in administrative and legal procedures.’

      ‘Quick and accurate correspondence Availability Willingness to solve the urgent matters’

      ‘They worked very dedicated and obeyed the strict deadlines. We and our client were satisfied for their support to us.’


      Key clients

      Hellenic Republic Asset Development Fund (HRADF)

      WAS Srl.



      HIVE ENERGY – Blue Sky 300 Energy

      Work highlights

      • Provided legal support to the Hellenic Republic Asset Development Fund (HRADF) regarding the granting of a concession for the construction and operation of the Underground Offshore Gas Storage facility.
      • Represented DEPA S.A., a major Greek natural gas supplier, 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, a major industrial company, in the litigation with the Greek Electricity TSO regarding charges imposed to self-producers of high efficiency Cogeneration of Heat and Power (CHP).

      Watson Farley & Williams – Greek Branch

      Watson Farley & Williams – Greek Branch has a long history of advising clients in large project developments spanning multiple industries. The team provides assistance at every stage of the project including licensing, construction, financing, refinancing and maintenance. Virginia Murray heads the team, contributing experience acting for major project sponsors, multilateral banks, and investment funds. The team is strengthened by Tasos Giannopoulos, who specialises in electricity law and regulation.

      Practice head(s):

      Virginia Murray


      ‘The WFW team has assisted us with many questions on the Greek energy and balancing market.’

      ‘Partner, Virginia Murray, and her team have impressive knowledge of Greek energy market regulations.’

      ‘Virginia Murray and her team have a vast experience and deep knowledge in energy and company issues.’

      ‘Very responsive and effective service, very knowledgeable about the market.’

      ‘Virginia Murray – extremely knowledgeable, highly dedicated, very responsive. The very best level of service from a legal advisor.’


      Key clients

      Cubico Sustainable Investments Limited (UK)

      Impax Energy


      InterEnergy (Israel)

      Solegreen Limited (Israel)

      Nofar Energy (Israel)

      Cero (part of Macquarie group)

      Total Eren SA (Greece)

      European Bank for Reconstruction and Development

      METKA EGN Limited (UK, Cyprus and Greece)

      Jasper Wind Hellas SA (Greece)

      Emergya Wind Technologies (EWT) (Netherlands)

      547 Energy (Quantum Energy Capital) (USA)

      cantreva SA (Greece)

      BayWa r.e. (Germany)

      Alpha Bank SA (Greece)

      THEMELI SA (Greece)

      National Bank Of Greece SA (Greece)

      RF Energy SA (Greece)

      PurEnergy SA (Luxembourg)

      Blue Elephant


      Work highlights

      • Advised Cubico on the €40m financing of a 48.45MW portfolio of operational wind farms in Peloponnese, Greece, by Piraeus Bank SA.
      • Advised Impax Asset Management Group Plc. on a solar PV joint venture with WATT+VOLT.
      • Advised Renven Limited on the sale of its stake in Iliaki Pikrolimnis S.A., a joint venture between Renven and Terna Energy SA, to Econergy Renewable Energy Limited (“Econergy Renewable”), part of the Israeli listed Econergy Group.

      Alexander Vassardanis & Partners

      Alexander Vassardanis & Partners offers advice to both domestic and international clients in energy projects concerning resources such as oil and gas, petrochemicals and power plants. The firm also has capabilities in renewable energy and has worked on wind, solar, and hydroelectric energy projects. The team is led by Aphrodite Vassardani.

      Practice head(s):

      Aphrodite Vassardani


      ‘A. Vassardanis & Partners is a top law firm that has extremely strong team in the energy sector. A. Vassardanis & Partners law firm provides high level efficient legal services.’

      ‘Aphrodite Vassardani is an excellent, prominent lawyer. We always trust the high standard of her work and her legal knowledge that have been invaluable for our cases. She has always handled our cases with great success. She is a leading lawyer in the energy sector. We have a perfect collaboration.’

      ‘A. Vassardanis & Partners is an excellent, top level law firm, with the highest standards of professionalism.’

      AP Legal

      AP Legal ‘s primary expertise is in the field of renewable energy and has acted on behalf of leading companies in such projects. The team supports clients at every stage of the project from negotiation to licensing to implementation. The team also assists clients with submissions before the Regulatory Authority for Energy. Practice head Aris Papaspyridis has broad experience acting for international clients across the energy industry in transactional matters.

      Practice head(s):

      Aris Papaspyridis

      Other key lawyers:

      Ioannis Nakis; Evangelos Konitsas


      ‘The investment goal set by our group in relation to Greece required the support of an experienced Energy team. A team which is aware not only of the regulatory framework as such but also of the ways to safeguard our interests in order for us to continue investing in green energy. We entrusted AP LEGAL for such a demanding role and we did not miss our shot. The size of our energy portfolio in Greece, the partnerships we have created and the fact that we have introduced innovative business solutions in the Greek market could not be substantiated without the valuable and efficient work of the AP LEGAL. What makes the energy team stand out is its ability to maneuver through the Greek licensing framework in order to offer business conforming solutions.’

      ‘Partner Aris Papaspyridis and associate Ioannis Nakis have been our main contacts for Energy matters, whereas Evangelos Konitsas has also helped with certain environmental matters associated with our projects in northern Greece.’

      ‘Aris’ s experience in the Energy market is a tremendous asset. Extremely helpful for us to know that his opinion will be offered promptly before and during the development of our energy projects.’

      ‘Ioannis is a very skillful lawyer who has strongly contributed to the structuring of efficient relationships with developers, constructors and other contractors engaged in our projects. His business approach and attention to detail has strengthened our positions multiple times during the negotiation of agreements with third party stakeholders.’

      ‘AP Legal is a solution-oriented team with a strong technical and commercial mindset but also the ability to work through complex issues in a simple manner. the team is also very pragmatic and able to navigate through what is sometimes a complex and bureaucratic jurisdiction.’

      ‘Aris Papaspyrides is an exceptional lawyer.’

      Key clients

      Gilda Energy

      Hibiscus Energy

      WattCrop P.C.

      Sunrider S.A.

      Sunrider Holdings S.A.

      Cero Generation Holdings

      Electron Holding

      ENVI Ltd

      Work highlights

      • Acted on behalf of CERO GENERATION with regards to the negotiation, drafting and implementation stages of Project Pandion, namely the acquisition of an energy portfolio of approx. 823 MW of PV plants by CERO GENERATION.
      • Advised a leading Hungarian renewable energy project developer and investor in its acquisition of the 100% share capital of Greek entity trading in energy production sector.

      Ioannis Vassardanis & Partners

      Ioannis Vassardanis & Partners energy practice provides advice across the full spectrum of the industry, including the natural resources and utilities sectors and has acted in a substantial number of high-profile energy projects both in Greece and abroad. The firm offers advice on all aspects of the construction of major projects for the transmission, distribution and production of power, and oil and gas projects. The team has expertise in handling energy related international arbitration, specifically for energy infrastructure projects in North Africa and the Middle East. Ioannis Vassardanis leads the team and regularly handles disputes as well as gas-related construction projects.

      Practice head(s):

      Ioannis Vassardanis


      ‘High level of legal services quality and business ethics, reliability, smooth remote communication, excellent collaboration, trust.’

      ‘Ioannis and his team have an excellent knowledge of the current and rapidly developing legislation in Greece particularly in the energy sector. We have worked on a number of innovative projects and opportunities in Greece including global parties and their knowledge and support proved invaluable to the success of the arrangements.’

      ‘We would highlight Ioannis Vassardanis who is a leader who definitely leads from the front and is personally involved in project/opportunity meetings from inception to completion. What makes him unique is his ‘solutions focused’ approach. With every project or opportunity involving new technologies and global players – there are always hurdles and he works with and leads the team to find solutions. Highly recommended as a partner to work with.’

      Key clients

      AVAX S.A.

      Hitachi Energy One Member Societe Anonyme (Hitachi Energy S.A.) (former ABB Power Grids S.A.)


      KBVL offers a full-service for clients in the energy sector, with a focus on wind and solar. The team has expertise in regulation and privatization. Notably, the firm advised the Regulatory Authority for Energy on the licensing regime and the rules for the participation of aggregators in the new electricity market framework. The practice is led by George Paidakakis who has been involved in several landmark energy infrastructure projects, in addition to his regulatory expertise. He is assisted by Tina Koutsopoulou , who specialises in energy regulation project finance and concessions.

      Practice head(s):

      George Paidakakis

      Other key lawyers:

      Tina Koutsopoulou


      ‘Deep knowledge of the energy sector, especially in RES. Very efficient in terms of timing and content on due diligence matters in M&A transactions.’

      ‘George Paidakakis and Tina Koutsopoulou are very helpful, and they adapt their work very quickly to the continuous (and sometimes unexpected) changes of the business needs.’

      ‘Fantastic team all together. Legal, technology and financial knowledge mix.’

      ‘In depth knowledge of Greek regulatory requirements and a wide background able to support M&A and other investment requirements.’

      ‘In depth knowledge of the Greek regulatory requirements and a direct professional approach to problem solving required to be able to navigate through various regulatory requirements. Hands on approach to the issues involved in various processes.’

      ‘Availability of the team. Very flexible on the mandate scope and extra work.’

      Key clients

      Regulatory Authority for Energy

      Hellenic Petroleum Renewable Energy Sources

      Enel Green Power

      Voltalia Greece

      Afcon Renewable Energy

      National Energy Holdings

      Vespera Power

      Sunlight Group


      Mediterranean Gas

      Lamda Development





      Xi’ an Electric Engineering

      Work highlights

      • Advised the Regulatory Authority for Energy on the formulation of the regulatory framework for the licensing regime and the rules for the participation of aggregators in the new electricity market framework.
      • Advised Sunlight Group on the acquisition of a photovoltaic park for the expansion of the company’s activities in Greece.
      • Advised Mediterranean Gas on the development of a floating storage regasification unit (FSRU) in Greece.

      Koutalidis Law Firm

      Koutalidis Law Firm stands out for its involvement in major privatization transactions in the Greek energy market, as well as groundbreaking renewable energy projects. The firm has regulatory expertise and advises clients from the investment phase to the mature stages of operation. The team regularly advises developers, contractors, investors, consultants and lenders on a wide range of energy projects, such as large-scale pholtovoltaic, wind and waste to energy projects. Practice head Evangelos Courakis has vast experience working with major players in renewable energy.

      Practice head(s):

      Evangelos Courakis

      Other key lawyers:

      Evangelos Mylonas-Tsoumas; Dimitrios Andriopoulos; Pavlina Bozini


      ‘The team was very proactive and willing to help at all times, despite the tight deadlines imposed by the client. It is a team with whom it is very easy to work with.’

      ‘As mentioned, it is a pleasure to work with individuals that, besides being very knowledgeable of the law (which is something you assume), are always friendly, responsive and happy to help. I would like to highlight the work carried out by partner Evangelos Courakis and, in particular, associate Dimitrios Andriopoulos.’

      ‘A team of excellent lawyers and business-oriented professionals constitutes the combination much required to a business client. Collaboration, expertise, business thinking, attentive to business needs, valuable legal solutions are only some of the qualities that make the law firm a top choice.’

      ‘Evans Courakis is one of the most intelligent and knowledgeable business lawyers we have worked with. Highly experienced, a critical thinker, highly available and always open to discuss and provide valuable solutions to complex business cases. His hands-on and can-do attitude makes the complicated possible.’

      ‘The KLF team has strong academic background, business and commercial approach in all matters and is always available to serve client needs.’

      ‘Strong work ethics. Commercial approach in all matters, supported by strong legal background and sector knowledge. Excellent project management skills by key partners and associates involved.’

      ‘Team is well managed and very cohesive and is dedicated to meeting targets and committed to delivering results. Collaboration with them is smooth and communication is direct and flexible using all technological means available. The billing policy is quite flexible, and it follows the risk/reward principle.’

      ‘Very competent and can arrange a large team at short notice’

      Key clients


      China Three Gorges Corporation




      Macquarie Asset Management


      Green Tech



      United Green

      Goktekin Enerji

      Fensol Development Ltd

      AAA Green Energy



      Work highlights

      • Advised Macquarie Asset Management, in a consortium with British Columbia Investment Management Corporation (BCI) and MEAG, on the Greek elements of its recent €2.5bn acquisition of Reden Solar from Infravia Capital Partners and Eurazeo.
      • Advised Macquarie Group in completing the acquisition of a 49% ownership interest in Hellenic Electricity Distribution Network Operator S.A., valued at €2.1bn.
      • Advised Entricity in the sale of a 2.7 GW portfolio of PV and PV+ storage projects to a major US investor.

      Norton Rose Fulbright

      Norton Rose Fulbright offers a wide range of advisory services as well as long-standing experience in all areas of energy law. The firm regularly advises utilities, financial institutions, manufacturers, and investors in the structuring and M&A components of energy transactions, as well as project finance matters. The practice is highlighted for its cross-border capabilities and is led by Elena Tsohou . The team has been strengthened by the recent addition of Vicky Zampaza and Vaia Karathodorou , who have years of experience in the energy sector.

      Practice head(s):

      Elena Tsohou

      Other key lawyers:

      Vicky Zampaza; Vaia Karathodorou


      ‘NRF has an exceptional project finance team that is able to structure and navigate through complex projects with simple solutions.’

      ‘Dimitris Rampos is a highly respected lawyer that both sponsors and lenders trust in terms of his integrity, competence and experience.’

      ‘Understanding of client’s needs, punctuality, diligence, experience.’

      ‘Availability, precision.’


      Key clients

      Alpha Bank


      Eurobank Ergasias

      European Bank for Reconstruction and Development (EBRD)

      European Investment Bank (EIB)

      Hellenic Republic (Ministry of Finance, Ministry of Environment and Energy)

      National Bank of Greece

      Piraeus Bank

      Public Power Corporation


      Tokio Marine Kiln

      Work highlights

        Politis & Partners

        Politis & Partners advises a diverse range of clients from large international conglomerates and equity funds to sovereign entities in their energy project investments. The firm has capabilities in renewable energy and has handled both domestic and international deals. The team is led by Vangelis Politis, Emmanouil Savoidakis  and Nikolaos Anastopoulos  .

        Practice head(s):

        Vangelis Politis; Emmanouil Savoidakis; Nikolaos Anastopoulos


        ‘This is a dedicated law firm with academic approach of the concerns which is appreciable.’

        ‘Individuals we dealt with have knowledge on the subject matter.’

        Key clients

        Nexta Capital Partners Ltd

        Eurobank S.A.

        Royal Dutch Shell


        MET Austria Energy Trading GmbH

        SPI Energy Co. Ltd (SPI)

        Survey Digital

        Work highlights

        • Represent Eurobank SA in the financing of a 40MW wind farm owned by one of the most notable energy groups in Greece.
        • Advise major international natural gas players, such as Royal Dutch Shell and Naftogaz in connection with monitoring the market and establishing a business presence in Greece.
        • Represent, a major US based company and solar energy facilities developer, first on the acquisition and then on the sale and development of various photovoltaic projects.


        Sarantitis provides advice to energy investors in regulatory, corporate, commercial, litigation and tax matters. The team is active in the numerous projects in the energy and natural resources sector, including domestic and international renewable energy projects. The team has specialised knowledge of the electricity and natural gas trading industry and has advised numerous energy traders on regulatory and corporate issues. Theodora Monochartzis leads the practice, and Gregory Vlachos is another key member of the team.

        Practice head(s):

        Theodora Monochartzis

        Other key lawyers:

        Gregory Vlachos


        ‘This team focus all their attention on what the client is saying. They understand what the client wants to achieve and their priorities. They are responsive and they keep their promises. The firm delivers value for money and look to continuously improve the service they provide.’

        ‘Our key contact is Mr. Gregory Vlachos. He is well-known legal practitioner in Greece for his high quality of work, business and commercial savvy, and ability to turn legal advice into practical solutions.’


        Key clients

        Elin SA

        Union of Greek Electricity Traders

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

        EDL Hellas Ltd

        Petrogaz SA

        Sentrade (Strategic Energy Trading Energean S.A.)

        Work highlights

        • Assisted ELIN SA in drafting a thorough Legal Opinion on matters of amendment of contractual terms as well as of the invoicing policy concluded with the clients of ELIN SA in the field of energy supply.
        • Advising, for more than 20 years, EDL Hellas in relation to company / corporate matters.EDL Hellas is an affiliate of the Australian Energy Developments Limited, with registered office in London which, in collaboration with Greek companies, has formed a consortium for the project “Installation for the operation of Biogas in Ano Liossia Landfill Site aiming to the Production of Electric and Thermal Energy”.
        • Handles all legal matters arising from the operation of the Union of Greek Electricity Traders.