Energy in Greece

Bernitsas Law

‘Client focused and swift to reply’, the energy team at Bernitsas Law has extensive experience in the project development and storage aspects of renewable energy initiatives, with a particular specialism in photovoltaic power. The practice is routinely involved in major M&A transactions in the conventional energy sector, ranging from oil and gas to electric and water, often representing the government and institutional investors. The Athens-based group is headed by the ‘outstanding’ Yannis Seiradakis, who specialises in complex privatisations and projects in the renewable space, while Panayotis Bernitsas handles all elements of transactional and litigation work. Eleni Stazilova regularly advises on project finance and public procurement.

Practice head(s):

Yannis Seiradakis

Other key lawyers:

Panayotis Bernitsas; Eleni Stazilova


‘The team is very professional with strong business acumen.’

‘Yannis Seiradakis is highly responsive and really promotes our business interests.’

‘One of the most respected Law firms in Greece, Integrity and professionalism. Personal touch – always feel the company has your “back”.’

‘Panagiotis Bernitsas and Yannis Seiradakis stand out for their professionalism and responsiveness.’

‘They work super as a team.’

‘Seiradakis and Belessis are really experienced and valuable.’

‘The team is very professional, experienced and very well informed in the relevant fields and are always available.’

‘Yannis Seiradakis is a top-tier professional, highly knowledgeable and experienced with strong knowledge of the local market. ’

Key clients

CVC Capital Partners

Econergy Renewable Energy (Econenergy)

ERKA Energy

Gastrade SA

Hellenic Association of Photovoltaic Companies

Helleniq Energy SA

Helleniq Renewables SA



Motor Oil

Motor Oil Renewable Energy

National Bank of Greece SA

National Energy

PPC (Public Power Corporation)


RWE Supply & Trading

S’ENERGY Renewable Energy


Taaleri Energia

Vinci Energies


Work highlights

  • Advised Motor Oil on the acquisition of 100% of Thalis ES and on the acquisition of Elin Verd, a biofuels company.
  • Advising a solar and storage project developer in relation to the development and sale to a third-party investor of a solar portfolio with a capacity of 150MW and storage portfolio with a capacity up to 400MW.
  • Acting as sole Greek legal advisor to Gastrade in the structuring and documentation of the c.€280m financing and project development of the Alexandroupolis INGS.

Karatzas & Partners

Headed by Valia Apostolopoulou and Christina Faitakis from Athens, the Karatzas & Partners team is highly regarded for its advice on long-term energy initiatives and project financing in the renewable sector. Counting global financial institutions and gas companies among its clients, the practice regularly supports businesses throughout complex tender processes and multi-jurisdictional pipeline transactions. Apostolopoulou is an expert in the Greek regulatory environment; Faitakis regularly acts on behalf of European investment banks; and Anastasia Petta is knowledgeable on the developments behind renewable energy ventures.

Practice head(s):

Christina Faitakis; Valia Apostolopoulou

Other key lawyers:

Anastasia Petta


‘Their dedication to the client and the matter is insuperable: they partner with the client as if its issues and goals are their own, and they so do while remaining genuine and approachable.’

‘Valia Apostolopoulou is an amazing lawyer and a wonderful person: committed, always available and dedicated. Her touch in the interactions with the counterparts is firm and smooth at the same time, making it effective.’

‘They are by far the greatest market experts in the energy field. They can see behind the lines and assist transactions from both the legal and commercial perspectives. They have deep knowledge in technical issues that they can intertwine with their legal skills.’

‘They are always available for long calls. They assist even in the minor issues and they got a great response rate. Excellent services from all the team members. Extra kudos to: Valia Apostolopoulou, Vasiliki Salaka, Nikos Zachos, Pantelis Zalokostas.’

‘Κ&P has gathered a very strong team, with people of different backgrounds, capable of tackling any related issue arising with projects concerning the energy sector.’

‘Their dedication in completing any project, on time, with precision and accuracy on solving the issues arising and with focus on the detail.’

‘So far we have had a very fruitful cooperation with Valia Apostolopoulou.’

‘The team in general is very good.’

Key clients

Italgas S.p.A.

National Bank of Greece SA

National Bank of Greece & Eurobank S.A.

European Investment Bank

Vitol Gas and Power BV

Work highlights

  • Advised HELLENiQ ENERGY on a significant transaction for the financing of renewable energy investments.
  • Advised a client on its participation in the first and the second (binding) phase of the international tender for the sale of 100% of the shares of DEPA Infrastructure.
  • Advised Alpha Bank on the signing of an RRF co-financed loan for the construction of five PV farms in Western Macedonia, as part of a larger solar park in the former lignite mine of Ptolemaida.

Kyriakides Georgopoulos Law Firm

Covering the gamut of energy-related work, ranging from project finance and M&A to public procurement initiatives, the Kyriakides Georgopoulos Law Firm team acts on behalf of public authorities, investors and international renewable energy companies. The practice also has substantial expertise in the transport, social infrastructure and mining sectors, having frequently worked on landmark infrastructure and energy projects. Gus Papamichalopoulos leads the department from Athens, bringing vast experience of dealing with M&A and EPCs in the energy space. Ioanna Antonopoulou is a corporate finance specialist, while Lydia Tsapara focuses on privatisations. Efi Palaiologou and Antonis Kompias are also noted.

Practice head(s):

Gus J. Papamichalopoulos

Other key lawyers:

Ioanna Antonopoulou; Lydia Tsapara; Efi Palaiologou; Antonis Koumpias; Anna-Maria Papamichalopoulou; Iakovos Koulouris

Work highlights

Lambadarios Law Firm

Lambadarios Law Firm’s energy practice demonstrates ‘full professionalism and excellent knowledge’, advising both lenders and sponsors on traditional energy projects as well as renewable initiatives. The team has vast experience in M&A and joint ventures, where it acts on behalf of domestic and international corporations, and routinely assists clients through the formation and bidding for the tender process. In Athens, George Panopoulos is an expert on construction projects and litigious proceedings, Yannis Kourniotis acts for the government and sponsors on transport and renewable affairs, and Constantinos Lambadarios focuses on M&A. Magdalini Christina Vlachou Vlachopoulou concentrates on public law matters. Theodoros Papadatos is also a key member of the team.

Practice head(s):

George Panopoulos; Yannis Kourniotis; Constantinos Lambadarios

Other key lawyers:

Magdalini Christina Vlachou Vlachopoulou; Theodoros Papadatos


‘The professionalism, the availability for advice at any time, the personality, the quick response to any task and the positive attitude towards work.’

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

‘Yannis Kourniotis provides prompt and clear advice on Greek energy law.’

‘We work closely with Managing Partner Constantinos Lambadarios and Partners George Panopoulos (mainly) & Yannis Kourniotis who all are characterized (especially Partner George Panopoulos) from unique specialization and hardworking spirit, providing us with state-of-the art legal services.’

‘Lambadarios provides cost effective, sophisticated advice on energy projects in Greece.’

‘Lambadarios Law Firm has extensive knowledge of energy legislation and vast experience in related transactions. LLF Energy team manages to be up-to-date and provide efficient solutions in complicated transactions, meeting clients’ needs.’

‘Yannis Kourniotis has great experience in its field of practice and his understanding of business issues is impressive. Yannis Kourniotis shows great proffesionalism and is always personally committed to all the project he undertakes, always acting efficiently and providing solutions that combine innovative legal approaches, while taking into consideration business interest of its principal.’

‘All team members are fully experienced in every sector of interest. Professional approach and high level of communication.’

Key clients

Nebras Power


Public Power Corporation

Fotowatio Renewable Ventures

Grecian Magnesite S.A.

Artchirodon BV

GEK Terna

ANZ, Societe Generale and Westpac

Orsted A/S

Blue Sea Power (previously named FLNG RUS)


Gastrade S.A.

PPC/Archirodon Consortium

Piraeus Bank

Lightsource BP

Hellenic Petroleum (HELPE)

Work highlights

  • Represented NebrasPower as bidder for the acquisition of Enel Green Power Hellas, owner and operator of a portfolio consisting of 482MW operating power plants and 85MW under construction wind and solar projects.
  • Advised PPC on its acquisition of 51% of the share capital of the company ALEXANDROUPOLIS ELECTRICITY PRODUCTION.
  • Advised Hellenic Petroleum (HELPE) on its acquisition from Copelouzos Group and International Constructional of two operating wind farms in Mani with a total capacity of 55.2MW.

Metaxas & Associates Law Firm

Cementing its place among the top firms in this field through its ‘niche expertise in energy law and regulation’, the Metaxas & Associates Law Firm team advises on the development, construction and project financing of initiatives, and also assists clients in complex litigation proceedings. Providing legal assistance on the acquisition of energy companies, as well as legislative compliance and competition issues, the Athens-based outfit is co-headed by Antonis Metaxas, who has ‘leading academic credentials’ and is an expert in energy-related disputes and regulatory issues, and Efstathios Kakounis, who has in-depth knowledge of European and corporate law matters. Other key practitioners include Vassiliki Koumpli, who handles arbitration, and Polyxeni Gkaintatzi, who focuses on policy and regulation.

Practice head(s):

Antonis Metaxas; Efstathios Kakounis

Other key lawyers:

Vassiliki Koumpli; Polyxeni Gkaintatzi


‘Metaxas & Associates Law Firm is well known in the Greek legal market for its niche expertise in energy law & regulation. I was assisted by a diverse team of lawyers, which were supervised by the Managing Partner of the firm, Prof. Metaxas. Their commercial awareness and their knowledge of the inner workings of the energy industry was astounding.’

‘My co-operation with the team of associates was exceptional. They provide their services in a timely and efficient manner and their work is detailed. All team members showcased extensive knowledge and understanding of energy law issues as they are specialized in this practice area.’

‘Very high expertise in the energy sector and very keen in networking. They undertake initiatives to exchange know-how and are very active in the sector.’

‘Very responsive, quick, excellent cooperation. High expertise, updated, working long hours.’

‘The legal team has been very effective and they approach their practice in a very professional and client-oriented manner. Their level of expertise on energy regulation is indeed impressive and justifies why they keep popping up at the forefront of experts in the energy market of Greece.’

‘Our cooperation with all members of Metaxas & Associates Law Firm has always been productive, efficient, and effective. Asides from Professor Metaxas’ personal involvement in our cases, we co-operated closely with Efstathios Kakounis, Polyxeni Gkaintatzi and Vassiliki Koumpli. All attorneys were really experienced in handling complex energy and administrative law issues.’

‘The firm offers holistic and integrated solutions compliant to international standards of professional quality and client service.Their European and local regulatory understanding is of leading quality.’

‘A. Metaxas combines leading academic credentials and expertise with leading regulatory frameworks and policies understanding. Stathis Kalounis and all other members of the team we worked with were greatly experienced in energy and competition topics, efficient and above the expected standards.’

Key clients

Archirodon Group N.V.

World Bank Group

SPV Storage Crete P.C.

VSB Limited

Pelagia Energeiaki IKE

Second Foundation A.S.

Respect Energy S.A.

Cluster of RES Electricity Providers in Crete island, Greece


Energeiaki Drimou

Elpedison S.A.


Enteka S.A.

Kampakas Group (Kampakas S.A.)

ENVALUE Energie Holding Gmbh & Co. KG

3Gyian L.P.

Work highlights

  • Acts as the advisor of Arcoblue Project, the new vehicle between Simply Blue Group and Archirodon Group, which joined forces in order to mark their entry into the Greek floating offshore wind market.
  • Advised a cluster of PV plant investors which participated in the Hellenic Electricity Distribution Network Company’s competitive procedure for the acquisition of installation permits in the saturated grid of Crete Island and Peloponnese region.
  • Managed the passportization of the 20MW electricity trading license owned by KER TOKI POWER for the purpose of its participation in the Greek electricity market.


Providing the ‘highest calibre legal advice’ to financial institutions and international energy companies, POTAMITISVEKRIS has extensive expertise in traditional and renewable energy project finance and M&A. The practice demonstrates a particular specialism in handling solar and wind power initiatives, dealing with all aspects surrounding their financing, development and construction. Based out of Athens, ‘exceptional’ practice head Euripides Ioannou advises domestic and international clients on infrastructure and energy project financings, while Anthea Terlegas is experienced in overseeing cross-border transactions, having been promoted to partner in August 2022. Dimitra Rachouti, Nikolaos Kampantais and Vasilis Tsintavis are also key contacts.

Practice head(s):

Euripides Ioannou

Other key lawyers:

Anthea Terlegas; Dimitra Rachouti; Nikolaos Kampantais; Vasilis Tsintavis


‘Highest calibre legal advice both in corporate and energy law. Second to none in Greece.’

‘Level of legal insight and experience is highest grade, strong relationship that provides a strong insight to our way of working and ability to assist. I’d highlight Euripides Ioannou, Dimitra Rachouti and Efstathia Yperifanou.’

‘Very engaging in brainstorming even before being formally appointed.’

Key clients

Piraeus Bank

National Bank of Greece


Terna Energy


National Energy

Motor Oil



Work highlights

  • Advised Vendavel, in its capacity as seller, on the negotiations and execution of a ten-year corporate power purchase agreement in relation to a 39.6MW wind project with Viohalco as buyer.
  • Acted as lenders’ legal adviser to National Bank of Greece on the financing of the development of a solar projects portfolio sponsored by the Mytilineos Group.
  • Act as legal adviser to Larissa Thermoelectric Electricity Production with regard to the development, construction and financing of a gas-fired combined cycle gas turbine power plant in Larissa, Thessaly.

Reed Smith LLP

Displaying extensive expertise in the financing and development aspects of wind and solar photovoltaic projects on behalf of renewable energy companies and major financial institutions, Reed Smith LLP is praised for being ‘knowledgeable, responsive and commercial in its dealings’. Offering a wide scope of advice, the team routinely covers energy infrastructure projects and regulatory compliance, with Athens-based practice head Dimitris Assimakis being an expert in power and gas initiatives. Minas Kitsilis focuses on utilities and natural resources matters, while George Fountas specialises in banking and capital markets issues. Georgia Koui and Zissis Papazissis are also highlighted.

Practice head(s):

Dimitris Assimakis

Other key lawyers:

Minas Kitsilis; George Fountas; Georgia Koui; Zissis Papazissis; Eleni Alexiou


‘Very good cooperation and support.’

‘Availability on short call, consistency and professionalism.’

‘Reed Smith is one of our standard partners regarding energy projects and projects related to our infrastructure and operation of the plants. We trust the team’s expertise and we are fully satisfied by the quality of services received.’

Key clients

Alpha Bank

Archirodon Group

China Energy Group Renewable Energy Co., Ltd


HelleniQ Renewables


Motor Oil Renewables

Nala Renewables

National Bank of Greece

National Energy Holdings Limited

Ignitis Renewables

Public Power Corporation (PPC)

PPC Renewables

Sirec Energy

Total Gas & Power Limited


Work highlights

  • Advised National Bank of Greece on the successful €436.1m non-recourse financing provided to Alexandroupolis Electricity Production for the development and construction of a new 840MW gas-fired combined-cycle gas turbine power plant.
  • Advised PPC Renewables, the renewables arm of Public Power Corporation, on its successful bid for the acquisition of a portfolio of renewable energy assets from Piraeus Equity Partners.
  • Acted for HelleniQ Renewables on the successful closing of a transaction with Mytilineos Group for the acquisition of a 211MWp solar photovoltaic projects portfolio under development in southern Romania.

Zepos & Yannopoulos

The multidisciplinary energy team at Zepos & Yannopoulos represents international and domestic entities, and is well equipped to handle high-profile M&A transactions and renewable energy projects. The practice has in-depth experience of acting on behalf of clients before Greece’s Supreme Administrative Court, particularly in disputes concerning environmental permits. Overseeing the ‘expedient and efficient’ team in Athens is Anastasia Makri, who focuses on transactions involving commercial contracts and negotiations. Sofia Chatzigiannidou specialises in an array of regulatory and administrative law matters, while Smaragda Spyrou is knowledgeable in the area of electric power. Both Georgia Tsiaoussi and Nikos Koukos are also highlighted.

Practice head(s):

Anastasia Makri

Other key lawyers:

Sofia Chatzigiannidou; Smaragda Spyrou; Georgia Tsiaoussi; Nikos Koukos


‘The whole team seems exceptionally led by partners Anastasia Makri and Sofia Chatzigiannidou, who seem very well supported by a number of senior associates such as Smaragda Spyrou, associates and trainees. In my contact with the team, I have the impression that all members have both experience and good expertise in their field, collaborating among them in a very efficient way, being able to deliver the assigned work in a very satisfactory way and always on time.’

Anastasia Makri has deep knowledge and understanding of this particular industry, she has been able to smoothly guide us through difficult topics and provide concrete and efficient answers in a number of niche regulatory matters. Senior Associate Smaragda Spyrou is also one of the most qualified and experienced energy attorneys I know, demonstrating impressive ability in handling complex energy related transactions and other regulatory topics, being always responsive and accessible.’

‘Zepos & Yannopoulos is a very trustful and reliable company to work with in Greece. Being a company establishing business activities in Greece, subject advice has been confirmed not only as a legal partner, but also regarding their professional advice for business in the energy sector in Greece.’

‘Legal support: negotiations with Greek counterparties including in-depth preparations and discussions with our company to fully understand opportunities and risk. Expedient and efficient support.’

‘The team can provide a 360 support on a subject and suggest solutions.’

‘A very personal approach, with a professional and timely response.’

Key clients

HelleniQ Group of Companies

Sagemcom Energy & Telecom Sas



European Energy



Akuo Energy

EDP Renewables

V Group

Work highlights

  • Assisted Greenvolt in structuring and contract negotiations for the establishment and acquisition of its majority stake in Greenvolt Next Greece, a joint venture with Globalsat group.
  • Advised Green (V-Group) in connection with the execution of two virtual PPAs for a portfolio of PV projects with HERON.
  • Advised Baywa on the contemplated acquisition of a cluster of photovoltaic projects, currently under development, with an approximate total capacity of 104MW.

Alexander Vassardanis & Partners

Highly regarded law firm Alexander Vassardanis & Partners regularly advises domestic and international clients on cross-border renewable and traditional energy projects. The team handles all types of wind, solar and hydroelectric initiatives, and also has significant expertise in counselling companies on all stages of the oil and gas production process. Based out of Athens, Aphrodite Vassardani is a ‘leading lawyer’ in the natural gas, petrochemical and waste-to-energy spaces.

Practice head(s):

Aphrodite Vassardani


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

‘Aphrodite Vassardani is a brilliant lawyer. She is widely recognized as a leading lawyer in the energy sector. Her high level legal knowledge, her effectiveness and her exceptional legal advice always provide security for the client.

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

Work highlights

Dryllerakis & Associates

The 'strongly dedicated, enthusiastic and effective' energy team at Dryllerakis & Associates has notable expertise in photovoltaic and wind power initiatives, and is also well versed in M&A transactions. The team regularly assists domestic and international companies with regulatory compliance measures, as Athens-based practice head Emmanuel Dryllerakis is an expert in competition law issues and corporate financing. Cleomenis Yannikas has experience in dealing with high-profile privatisations in both the traditional energy and renewable spaces; Anna Ntionia focuses on the waste management sector; and Themelis Zamparas is a specialist on the regulatory side.

Practice head(s):

Emmanuel Dryllerakis

Other key lawyers:

Cleomenis Yannikas; Anna Ntionia; Themelis Zamparas; Maria Stoumpidi; Claire Sergaki


‘The team involved is strongly dedicated, enthusiastic, effective and we feel them as part of our internal team.’

‘The individuals are very good and the best are Emmanuel Dryllerakis, Cleomenis Yannikas, Claire Sergaki, Themelis Zamparas.’

‘The people are very friendly, they seem to work perfectly together as a team, they are up to date regarding new technology use, the firm has many different law fields so they can support us as a whole for any issue that may arise.’

‘They work very efficiently and on time, having an in-depth knowledge of the industry, being easily available and accessible. They spend the time needed in communicating with us so that we feel safe. They are able to break down their thought and make the information they share comprehensible (drafting of short memos, tables, excels etc).’

‘Very friendly, reachable and discussable professionals that assist in project development.’

‘Dryllerakis and Associates’ Energy team has an in-depth knowledge of the legislation in the Energy field and is always up to date on current news and developments in the Energy sector. What is more, their long-term experience is what makes them stand out and identify all the critical issues that their client needs to be aware of.’

‘The individuals I have mostly worked with are Anna Ntionia and Themelis Zamparas. Of course, they both are exceptionally professionals that have a long-term experience and an in-depth knowledge in the sector. What makes them stand out is, first of all, their knowledge and expertise in their practice field, but also their integrity, their very good communication skills and their dedication to their client’s business needs.’

‘The team is business oriented, looks for solutions, and is available.’

Key clients

Hellenic Electricity Distribution Network Operator S.A.

Reden Solar

ENEL Green Power Hellas S.A.

Helleniq Energy Holdings S.A.

Sirec Energy S.A.

Larco S.A.

Systems Sunlight S.A.

Electrip Global

Watt and Volt S.A.

ESC Energy Services Company SA

Enallaktiki Energeia S.A.

Belterra Group

Work highlights

  • Advised Helleniq Energy Holdings on the sale of its 35% participation in DEPA Infrastructure, in the combined privatisation process by the Privatisation Fund (HRADF) for the sale of a 65% stake held by the latter.
  • Assists REDEN Solar with securing the land required for the installation of all PV projects the client is currently developing in Northern Greece.
  • Advised SIREC Energy on an M&A project, regarding the legal due diligence and acquisition of an SPV developing a PV project (with 10MW capacity) in Central Greece.

Fortsakis, Diakopoulos, Mylonogiannis & Associates Law Firm

Counting government agencies, ship management companies and multinational energy entities among its key clients, the Fortsakis, Diakopoulos, Mylonogiannis & Associates Law Firm energy team specialises in overseeing high-profile projects in both the natural gas and renewable spaces. The practice’s coverage includes a strong corporate transactional and regulatory offering, as the founding partner Theodore Fortsakis is an expert in energy and tax law litigation, operating out of Athens. Nikolas Avgouleas frequently advises clients in the areas of public procurement, privatisations and general public law.

Practice head(s):

Theodore Fortsakis; Dimitris Diakopoulos

Other key lawyers:

Nikolas Avgouleas


‘Deep knowledge of energy issues, prompt response on requests, availability, legal acumen.’

‘Deep knowledge and vast experience on Energy law and energy markets. Focus on problem solving and getting the job done, without adding conflicts. Clear advice with appropriate risk assessment of any available option.’

‘The company that I am the Director of and Fortsakis, Diakopoulos, Mylonogiannis & Associates Law Firm have had a long-term working relationship. They have successfully represented our companies in a series of demanding judicial proceedings.’

‘In general, the team has been exceptional in providing our group of companies with their legal services, deriving the best possible results in a time-efficient and effective manner. Their level of services is very good and that’s why we have consulted them on multiple occasions. The team that assisted our companies was diverse and it was comprised of lawyers of different backgrounds and age groups.’

‘What makes the team of Fortsakis, Diakopoulos, Mylonogiannis & Associates stand out is how well they know the Greek market, the relevant energy, commercial and tax regulatory framework and their ability to foresee any future developments due to their long-term involvement in our line of business. The qualities that I value in their team are their dedication, their attention to detail and their direct correspondence.’

‘Mr. Mylonogiannis is a expert on the field, personally committed to the needs of the client, able to understand the business needs and provide the best legal advice/support.’

Key clients

Ellaktor S.A.

Ministry of Environment and Energy

Greek Subsidiaries of Total Eren

Depa Infrastructure S.A.

Eda Attikis S.A.

Spes Solaris 2 S.A.

Taff Prime Develop S.A.


Capital Gas Ship Management Corp. Limited

4E Energiaki S.A.

AGET Iraklis (LaFarge Group)

Work highlights

  • Represented DEDDIESA (HEDNO), the operator of the Greek Electricity Distribution Network, before the Greek highest administrative court, against two applications for the annulment of a tender procedure.
  • Represented Greek subsidiaries of TOTAL EREN regarding a major project consisting of the construction and operation of wind parks with a total installed capacity of 330MW on the southern side of the island of Skyros.
  • Represented Capital Gas Ship Management in a dispute with DESFA, the operator of the Greek Natural Gas Transfer System, in connection with a tender for the procurement of a LNG carrier.


A popular choice among international energy corporations and major real estate companies, KBVL's energy department specialises in the regulatory and contractual elements of energy projects. The team has extensive experience in drafting and negotiating Power Purchase Agreements (PPAs) and routinely deals with joint ventures and M&A within the energy sphere. Labelled as being ‘very insightful’ and ‘business oriented’, George Paidakakis leads the Athens-based group, focusing on regulatory, commercial and competition law advice, while Konstantina Gkouti is knowledgeable in M&A and corporate finance.

Practice head(s):

George Paidakakis

Other key lawyers:

Konstantina Gkouti


‘Experts in energy regulation and corporate law.’

‘The team is led by George Paidakakis who is very insightful, business oriented, understands client’s needs and business and always delivers the best outcome meeting highest of standards. George is one of the few people who knows very well and has a deep understanding of the energy industry and has provided significant help/legal advice to our company in developing its new projects.’

‘George Paidakakis is always well-prepared and informed, ahead of the curve, providing to-the-point advice meeting client’s business needs. Never leaves a stone unturned. Always accurate and within the set tight timeframes. We have always been happy with the outcome of his work.’

‘The Legal Team showed a high level of expertise for a sophisticated issue.’

‘Flexibility, adaptability, direct and simple communication for a sophisticated subject.’

Key clients

Xi’an Electric Engineering

Regulatory Authority for Energy

LAMDA Development

HelleniQ Energy

Mediterranean Gas

Work highlights

  • Advised Helleniq Energy on the acquisition of a portfolio of wind parks.
  • Advised Mediterranean Gas on the exemption application and the performance of the market test procedure before the Regulatory Authority for Energy for the expression of interest by potential users in contracting capacity in the ARGO LNG Terminal.
  • Advised LAMDA Development in connection with the development of the former national airport property, Hellinikon, into a ‘smart and sustainable city’.

KLC Law Firm

Demonstrating vast expertise in M&A transactions and joint ventures within the energy sector, the ‘diligent, analytical and efficient’ team at KLC Law Firm frequently acts on behalf of financial institutions and international energy corporations. The group also handles complex renewable initiatives, spanning from photovoltaic energy projects to wind power development matters. In Athens, Alexandros Tsirigos and Vassilis Karagiannis co-head the practice, specialising in energy transactions and dispute resolution. Tasos Kollas focuses on corporate and business transactions in this field.

Practice head(s):

Alexandros Tsirigos; Vassilis Karagiannis

Other key lawyers:

Tasos Kollas


‘The high level of knowledge of the market and the collaborative spirit.’

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

‘Adaptability to the negotiation phases and collaboration.’

‘We work closely with Executive Partner Alexandros Tsirigos who is characterized from unique specialization and hardworking spirit, providing us with state-of-the art legal services.’

‘KLC stands out due to their distinctive blend of strengths, capabilities, and innovative approaches. Their track record of successful outcomes underscores the competence and reliability.’

‘Noteworthy is the exceptional work of Alexandros Tsirigos. He has managed to provide us with fast analysis of quite complex cases we faced along with their perfect solutions. One of his core strengths is his devotion and continuous advancement.’

‘KLC team- my experience to date has been consistent in delivering what has been actually requested.’

‘Diligent, analytical, efficient.’

Key clients





















Work highlights

  • Acted for MOTOR OIL RENEWABLES in the acquisition of a controlling stake in Unagi, the majority shareholder in a JV with PPC for the implementation of a portfolio of ca. 1.9GW of solar projects.
  • Advised Piraeus Equity Partners on the preparation of a private competitive tender process for the divestment of a mixed portfolio of wind and solar assets to PPC Renewables.
  • Advised international investment fund Omnes Capital on the creation of Faria Renewables, a joint renewable projects platform with a local developer.

Koutalidis Law Firm

The Koutalidis Law Firm team consists of ‘talented and skilled’ energy lawyers, with significant expertise in corporate and administrative law matters. The practice frequently oversees major renewable energy initiatives on behalf of financial institutions and energy corporations, handling photovoltaic and wind power projects. Based out of Athens, Evangelos Courakis leads the group, adopting an ‘extremely client-oriented attitude’ when dealing with project development issues. Panagiota Dikaiou and Evangelos Mylonas Tsoumas are also noted.

Practice head(s):

Evangelos Courakis

Other key lawyers:

Panagiota Dikaiou; Evangelos Mylonas Tsoumas; Vasiliki Xynou; Dimitra Rossopoulou


‘Fast, quality, reliable. Talented, skilled and business-oriented lawyers.’

‘Evangelos Courakis has a very deep knowledge of the energy market. He is super agile without compromising the quality of the deliverable. He demonstrates an extremely client-oriented attitude and definitely acts as a problem solver. ’

‘The legal team at Koutalidis are very professional on how they structure their work and their approach to individual needs even within the same account. They will bring just the necessary people on board, the communication is to the point and when it comes to billing there have never been any bad surprises. ’

‘The energy practice team has specialized expertise in the energy sector, consistently staying abreast of the evolving legal frameworks and market dynamics. They have a deep understanding of both the regulatory landscape and market trends and they can identify the client’s specific needs and objectives and provide legal guidance, especially taking into account complex technical aspects of the energy sector. ’

‘Evangelos (aka: Evans) Courakis is one of the best lawyers one can find in the energy sector. His advice aims straight to the point. Evans has consistently demonstrated an ability to simplify this complex process for investors, ensuring that they make informed decisions. With his legal approach and foresight of the upcoming legal and regulatory framework one can feel they can take the right decisions without the fear of any unencountered issues.’

‘Evangelos Mylonas Tsoumas: Evangelos stands out as an epitome of trustworthiness. His dedication to the ever-evolving nature of law ensures that his analysis is consistently up-to-date, reflecting the most current legal standards and practices.’

‘Vasiliki Xynou: Vasiliki has a very deep understanding of the land issues related to the energy sector and strong experience on the bankability of the land in terms of the energy projects. She can identify land-related problems and suggest remedy solutions. Her approach and her style is characterised by precision and clarity.’

‘Dimitra Rossopoulou: Dimitra is a higly reliable lawyer and is capable of providing updated legal advice. Accessibility is another quality that underscores Dimitra’s commitment to her clients. When Dimitra offers guidance, it comes after careful analysis, ensuring that every angle has been considered.’

Key clients

Aquila Clean Energy


China Three Gorges Corporation


Enel Green Power Hellas


Macquarie Asset Management


Green Tech



United Green

Goktekin Enerji

Fensol Development Ltd

AAA Green Energy



Elsewedy Electric





Work highlights

  • Served as the strategic legal advisors to Macquarie Asset Management in the divestiture of a 50% stake in Enel Green Power Hellas, a wholly-owned renewable energy subsidiary of Enel operating in Greece.
  • Rendered comprehensive legal services to the Entricity Group, a developer of Renewable Energy Sources (RES) projects in Greece.

Masouros & Partners

Headed by the ‘phenomenal’ Pavlos Masouros, the Athens-based Masouros & Partners practice covers all aspects of corporate matters arising in the energy industry, including M&A, reorganisations and spin-offs. The team’s expertise spans the traditional energy and renewable spheres, including oil and gas initiatives and hydroelectric projects. Masouras specialises in financing projects, development agreements and cross-border investment opportunities. The group also has in-depth experience of handling joint ventures and public procurement projects.

Practice head(s):

Pavlos Masouros

Other key lawyers:

Antonis Nikolaidis; Nelly Peraki; Christos Liapis


‘Masouros & Partners is experienced in all matters pertaining to energy infrastructure for prominent clients in both the renewables space and the oil and gas industry. Frequently assists clients with first-in-kind projects.’

‘We found their practice to be outstanding in comparison to other well-known energy law practices in Greece. They have a clear expertise in the Greek energy regulatory environment and their unparalleled talent in M&A (which is well-known in the market) helps a lot in getting demanding energy transactions through.’

‘Pavlos Masouros is a phenomenal lawyer. The very best in his generation and he easily beats lawyers who have 20 years more experience than he has. He brings into energy transactions the expertise of a bright M&A lawyer. Antonis Nikolaidis is an associate who seems have an answer for every regulatory energy law question we’ve got; always up-to-date, always speedy responses.’

‘Pavlos Masouros leads the practice together with Nelly Peraki. Both very diligent. Pavlos is the brightest lawyer around and brings in his unparalleled M&A expertise into the world of energy. Nelly is also solid and reliable, while Antonis Nikolaidis is a clear rising star in the field of Energy law.’

‘Our clients have been very satisfied with Masouros’ expertise in the energy field; they seem to clearly know their job when it comes to advising on energy law matters.’

‘Pavlos Masouros and Antonis Nikolaidis are the key individuals here, with help by Christos Liapis. Antonis is quick and thorough. We send in a list of questions in the morning, by the afternoon he’s got us covered. He’s impressive.’

‘The team is very responsive. Their feedback is quite quick and to the point.’

‘Pavlos Masouros is very professional and he knows what the client really wants.’

Key clients

Petrolina (Holdings) Public Ltd

Public Power Corporation S.A.

Public Power Corporation Renewables

Glensol Energy Ltd

Herrenknecht AG

Alpha Bank

Work highlights

  • Advising Public Power Corporation on its first non-Greek energy project, the joint bidding with Archirodon for the 330MW Cebren hydro-electric project procured by the Government of North Macedonia.
  • Advising PPC in relation to a JV with Accenture regarding a three-year, €20mn project for the digital transformation of PPC’s retail division.
  • Advising PPC Renewables on its indirect partnership with Motor Oil’s renewables subsidiary in relation to the acquisition of Unagi, in which PPC Renewables and Motor Oil will together hold a portfolio of 1.9GW in RES projects.

Rokas Law Firm

Headed by Mira Todorovic Symeonides in Athens, the energy and environment practice at Rokas Law Firm specialises in advising on energy production projects, along with the construction and operation of gas storage facilities. The group supports clients on renewable energy initiatives, including solar and wind power, as Todorovic Symeonides is an expert in energy regulatory issues and negotiating commercial contracts. Harris Synodinos focuses on public procurement and competition law matters. Other key practitioners include Sofia Getimi, Maria Garifallou, Panagiota Maragkozoglou.

Practice head(s):

Mira Todorovic Symeonides

Other key lawyers:

Harris Synodinos; Sofia Getimi; Maria Garifallou; Panagiota Maragkozoglou

Key clients

Hellenic Republic Asset Development Fund (HRADF)


Work highlights

  • Advised the Hellenic Republic Asset Development Fund (HRADF) on the granting of a concession for the construction and operation of the Underground Offshore Gas Storage facility (UGS).
  • Representing DEPA, a major Greek natural gas supplier, in a dispute resolution process with the Greek TSO (DESFA) regarding a compensation claim related to charges for booked gas transmission capacities.

Watson Farley & Williams – Greek Branch

Advising on the supply, financing and operational stages of traditional and renewable energy projects, the ‘truly insightful’ energy practice at Watson Farley & Williams LLP often represents financial institutions and international energy companies. The team specialises in handling M&A transactions and joint ventures, with the ‘very commercial’ Virginia Murray being an expert in project and acquisition finance, and Marisetta Marcopoulou assisting in banking regulation and stock exchange law matters. Maira Galani focuses on environmental law affairs; Valina Giouzelaki is knowledgeable on structured finance issues; and Matina Kanellopoulou concentrates on the hotel and energy sectors.

Practice head(s):

Virginia Murray

Other key lawyers:

Marisetta Marcopoulou; Maira Galani; Valina Giouzelaki; Matina Kanellopoulou; Maria Charontaki; Anastasios Giannopoulos; Eleni Stylianou; Katerina Stringari; Asimina Papakosta


‘The team is truly insightful not only regarding the most legal-related issues but also regarding the energy business and in general, a great strategic partner that provides relevant information of the dynamics of the renewable energy sector in Greece.’

‘Virginia Murray has a deep knowledge of the sector and the market. She goes far beyond legal advice.’

‘Tasos Giannopoulos is a great lawyer and professional you definitely feel comfortable with. Tasos is the kind of lawyer you want to have by your side because of his extraordinary commitment, approachability, readiness and thoroughness, among others. He advises in a strategic manner considering the reality of the business and market, which is very appreciated especially when it comes to advice to a foreign company starting in Greece.’

‘Within the Greece market and renewable energy sector, Watson Farley and Williams is one of the most important law firms. They can combine the international experience with a strong knowledge of the local aspects. They cover all the legal aspects connected to a development process of renewable energy projects and are very well positioned with the most important players like the banks. ’

‘Virginia Murray is very commercial and one of the best contract negotiators with whom I worked. Also her team follows the same approach and it is able to provide a service very valuable for the client like us. I would like to mention Eleni Stylianou, Maira Galani, Katerina Stringari and Tasos Giannopoulos.’

‘This Team has a deep knowledge of the energy sector procedures and legislation in Greece. This Team is always up to date with the recent developments both on the legal and the Business environment within the Greek State.’

‘Hard working Individuals, always on time, never had a delay on deliverables. Ample understanding of the energy environment (procedures and legislation) in Greece. Top person Virginia Murray: I bet that there is no other lawyer in Greece with so much knowledge on this particular subject. Asimina Papakosta, Matina Kanellopoulou the other Jewels of the Team.’

Key clients







CERO (part of Macquarie group)
















Work highlights

  • Advised NextEnergy Capital (NEC) on its first strategic solar and battery storage acquisitions in Greece.
  • Advised the beneficial owners of construction company Cantreva on its sale of 75% of the shares of Unagi to Motor Oil Renewable Energy.
  • Advised Cero Generation on the acquisition and financing of Project Delfini, a 100MW solar PV project in Prosotsani, Drama, Greece, as well as the negotiation of a long-term PPA with Axpo.

AP Legal

With vast experience in the renewable energy space, AP Legal's expertise covers all aspects of the implementation, licensing and financing of major projects. The group regularly advises on the drafting and negotiation of development services agreements, and also assists international and multinational corporations in regulatory compliance measures. In Athens, Aris Papaspyridis specialises in supporting global entities on their cross-border transactions, including M&A and joint ventures.

Practice head(s):

Aris Papaspyridis


‘Small, but quick and responsive team. Great flexibility and work with due care.’

Key clients













Work highlights

  • Acted on behalf of CERO GENERATION HOLDINGS GREECE with regards to Project Thundercracker, namely the acquisition of an energy storage portfolio of approx. 1.4GW of BESS plants under development.
  • Advise ENERGY RESOURCES OF UKRAINE (ERU) in relation to licensing and regulatory affairs before RAAEY and DESFA, in order for the company to be duly licensed to operate in Greece in the LNG sector.
  • Advised SUNRIDER SINGLE – MEMBER on a PPA, where the energy produced by a photovoltaic plant of 100MW is to be distributed solely and directly to a private law entity.

Ioannis Vassardanis & Partners

Delivering ‘accurate, sharp and high-level’ assistance to its multinational client base, Ioannis Vassardanis & Partners has vast experience in handling private and public tender procedures concerning both renewable and traditional energy initiatives. Athens-based practice head Ioannis Vassardanis has ‘outstanding knowledge’ in overseeing cross-border energy-related initiatives and acting on behalf of contractors, while the ‘exceptional’ Eleni Tsakri is an expert in public procurement matters.

Practice head(s):

Ioannis Vassardanis

Other key lawyers:

Eleni Tsakri


‘Ioannis Vassardanis & Partners excels in the practice in the energy sector. The teams are composed of excellent lawyers with deep knowledge of the sector and accurate, sharp and high level of legal advice. Willing to go the extra mile to help with the issue at hand.’

‘Ioannis Vassardanis is an exceptional lawyer with sound and outstanding knowledge of energy law, practice and regulation. His skills, knowledge and personal quality are precious for any company. He is extremely knowledgeable with strong business acumen.’

‘Eleni Tsakri is an exceptional lawyer. Her knowledge, attitude and way of working really make Eleni stand out in the market. Her commitment and support is unique.’

‘I. Vassardanis & Partners Law Firm is a firm highly specialised and always up to date in the ever-changing landscape of the Energy sector. The Firm possessed a deep understanding of the energy market, as well as the Renewable Energy Sources framework, so that their advice was always highly detailed and oriented so as to include any potential changes in the legislation. Throughout our collaboration, communication with the Firm was always one phone call or e-mail away.’

‘The Firm’s lawyers, as Ioannis Vassardanis and Alexandra-Heleni Micahlopoulou, possess a deep knowledge and understanding of both the energy market and the legal framework. They were always available to discuss and solve any issue that had arisen during the course of our collaboration.’

‘Long-term cooperation with Ioannis Vassardanis & Partners, having deep knowledge of our company’s business areas, being client oriented and delivering on-time and on-quality.’

‘Excellent collaboration with Eleni Tsakri, always exhibiting teamwork spirit, demonstrating professionally and providing feedback and results of high quality on time.’

Key clients



Work highlights

MStR Law | Michelis Strongylaki Reinhardt

MStR Law | Michelis Strongylaki Reinhardt frequently supports investors, developers and contractors on the full spectrum of energy law matters and EPC contracts. The Athens-based group is highlighted as ‘great at negotiations’. It has vast expertise in regulatory compliance and M&A transactions within the energy sector, thanks to co-heads Nassos Michelis and Dirk Reinhardt specialising in cross-border energy and RES projects. Ada Strongylaki is an expert in tax law proceedings, and Xanthi Kourti focuses on environmental law.

Practice head(s):

Nassos Michelis; Dirk Reinhardt

Other key lawyers:

Ada Strongylaki; Xanthi Kourti; Anastasia Nikolakopoulou; Theodoros Kriarakis


‘Excellent knowledge in the particular field. Immediate assistance. Deep know-how on solving major issues that can arise in the licensing of a project. Quick response rate.’

‘They are excellent in providing legal advice. They can tackle all issues arising during a deal from the pre-transaction stage until its completion. Great at negotiations.’

‘Special kudos to: Xanthi Kourti, Anastasia Nikolakopoulou, and Nassos Michelis.’

‘MStR has been and is actively involved in all topics and events related to Energy Law’

‘Nassos Michelis’ initiative, expertise and diligence are highly appreciated. He is always updated on the developments in the field.’

‘Xanthi Kourti is the most qualified lawyer in MStR, according to my opinion. She can offer legal advice and will search any matter assigned to her.’

Key clients

juwi Hellas sa (and group companies)

abo wind Hellas

abo ag (and group companies)

greencells group

vsb renewables Hellas (and group companies)

German solar power sa

vittex sa

energieland srl

delta techniki (and group companies)

Work highlights

  • Advised a large Asian energy company in relation to investment opportunities in Greece.
  • Advised ABO Wind in relation to the development of battery projects of up to 200MW total capacity.
  • Supported juwi Hellas on the securing of land rights for the development of new PV projects of over 160MW in Western Macedonia.

Norton Rose Fulbright

Acting on behalf of financial institutions, investors and project developers in renewable and conventional power projects, the Norton Rose Fulbright energy team shows ‘knowledge, experience and punctuality’ when supporting clients. The Athens-based practice demonstrates significant expertise in the solar photovoltaic and wind power spheres and is led by Elena Tsohou, a specialist in corporate and M&A transactions. Vassilis Koroxenidis and Yianni Cheilas focus on banking and restructuring. Dimitris Rampos is also noted.

Practice head(s):

Elena Tsohou

Other key lawyers:

Vassilis Koroxenidis; Yianni Cheilas; Dimitris Rampos; Vaia Karathodorou; Vicky Zampaza; Christina Korinthios; Niki Alexandrou; Giorgos Palogos


‘Knowledge, experience, punctuality, readiness, helpful, finding solutions. NRF gives opportunities to its people to express themselves freely.’

‘I’d highlight Dimitris Rampos for his knowledge, experience and capability of finding solutions. Giorgos Palogos for his readiness and willingness to assist. Niki Alexandrou for her knowledge and experience.’

Key clients

Independent Power Transmission Operator (Ariadne)

Copelouzos Group

Damco Energy S.A.

EDF Renouvelables

RWE Renewables S.A.

Ameresco, Inc

Work highlights

Politis & Partners

Well versed in the renewable and solar photovoltaic space, the Politis & Partners energy practice represents major financial institutions and global investment firms. Operating out of Athens, Vangelis Politis routinely acts on many of the largest privatisation projects in Greece; Nikolaos Anastopoulos focuses on commercial contract law matters; Emmanouil Savoidakis is an expert in company law affairs; and Dimitros Theodoropoulos handles project finance matters.

Practice head(s):

Vangelis Politis; Emmanouil Savoidakis; Nikolaos Anastopoulos

Other key lawyers:

Dimitrios Theodoropoulos


‘Our partner law firm in Greece – working on many energy projects together – always happy with the quality of the advice.’

‘Partners are very responsive, professionalism of high level and quality.’

Key clients

Nexta Capital Partners Ltd

Eurobank S.A.



MET Austria Energy Trading GmbH

SPI Energy Co. Ltd (SPI)

Survey Digital

Work highlights

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


The Sarantitis energy practice specialises in energy regulatory matters and demonstrates vast expertise in the electricity and natural gas sectors. Theodora Monochartzis heads the group, bringing extensive experience in handling energy-related contentious proceedings and employment matters to the team, while Dolly Kostara focuses on the corporate and banking compliance side. Gregory Vlachos is an expert in arbitration, and Nadia Liouliou is also highlighted.

Practice head(s):

Theodora Monochartzis

Other key lawyers:

Dolly Kostara; Gregory Vlachos; Nadia Liouliou

Key clients

Elin SA

Solaria Energia y Medio Ambiente

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

  • Advising on the negotiations of client PETROGAZ with a Spanish company engaged in the RES market, for the conclusion of a joint venture agreement regarding the development of photovoltaic plants in Greece.
  • Advising, for more than 20 years, EDL Hellas in relation to company, corporate and energy matters.
  • Handling all legal matters arising from the operation of the Union of Greek Electricity Traders.