Projects and privatisation in Greece

Bernitsas Law

The ‘hardworking, dedicated, and responsive’ projects team at Bernitsas Law specialises in the financing aspects of privatisations, project structuring and implementation, and the regulations governing tender procedures. Demonstrating specific industry expertise across the finance, technology and energy spheres, the practice is frequently called upon to represent Greek and international entities. Panayotis Bernitsas is an expert in major renewable and infrastructure initiatives, while Nikos Papachristopoulos focuses on take-over bids, and Dimitris Roussis is knowledgeable in public tender proceedings. Yannis Seiradakis has vast experience in acting on behalf of clients in the utilities and transport sectors.

Practice head(s):

Panayotis Bernitsas; Dimitris Roussis; Yannis Seiradakis

Other key lawyers:

Nikos Papachristopoulos; Eleni Stazilova; Stella Papakosta; Anna Meletiou


‘Immediate, deeply scientific response to all requests. Extremely high confidentiality standards.’

‘Ethos, hard-working approach, profound industry knowledge and detailed background.’

‘Hard-working, dedicated, and responsive. Efficient, business-oriented, value for money, keeping deadlines and motivated.’

‘Hard-working, efficient, knowledge of the market and legislation.’

‘This practice at Bernitsas law firm is exceptional. The team is very efficient, responsive and is capable of solving complex queries and concerns which are raised by the client. They have extended knowledge in the Greek concession market and are aware of standard practices, risks and difficulties which are inherent to these kind of projects.’

‘The partners Yannis Seiradakis and Dimitris Roussis are always present in meetings and are always available to discuss urgent matters. Their skills and knowledge in the sector are key in decision making and their advice is accurate and informed.’

‘Stella Papakosta is excellent, skillful, resourceful and always delivers on time.’

Key clients


Credit Agricole


European Bank for Reconstruction and Development (EBRD)

Gastrade SA

Grant Thornton

Helleniq Energy

The Recovery and Resilience Facility Agency


Masdar Abu Dhabi

Motor Oil Hellas

Mytilineos Group

National Bank of Greece SA

Olympia Odos SA


Piraeus Bank

Taaleri Energia

TIIC Infrastructure Fund

The Hellenic Republic

Vinci Group


Work highlights

  • Act for the European Bank of Reconstruction and Development in connection with the design, financing, construction and maintenance of the student accommodation facility of the University of Thessaly and the development of a Government Park.
  • Advising a consortium in their participation in the tender launched by the Hellenic Republic Asset Development Fund regarding the award of the concession agreement for the financing, operation, maintenance and exploitation of Attica Motorway.
  • Advise Vodafone in relation to the development of a fiber network as well as the development of a submarine cable system for the interconnection of several islands in Greece.

Koutalidis Law Firm

Cementing its place at the summit of projects and privatisations, Koutalidis Law Firm demonstrates ‘deep knowledge and unique expertise’ on high-profile privatisation projects in connection with infrastructure and energy assets. The team is particularly strong in advising on international tender processes, covering all elements of financing, operation, and maintenance, with the ‘excellent’ Gregory Logothetis being an expert in handling complex public tenders and concessions. With the team operating out of Athens, Nikos Koritsas and Nikos Salakas specialise in M&A and banking matters, whilst Ioannis Kaptanis leads the project finance offering. Effie Papoutsi focuses on project finance issues, Yiannis Loizos is knowledgeable in energy and concession projects, having been promoted to partner in January 2023, and Despoina Koutsou is also noted.

Practice head(s):

Nikos Koritsas; Nikos Salakas; Gregory Logothetis; Ioannis Kaptanis; Effie Papoutsi

Other key lawyers:

Yiannis Kantas; Yiannis Loizos; Dimitris Kalyvas; Despoina Koutsou; Evangelos Mylonas-Tsoumas


‘This law firm offers a significantly high level of service in terms of response time, business acumen/industry knowledge, appropriateness of advice, strength-in-depth of team and value for money. The depth and breadth of their knowledge ensures that they are able to support every client’s business needs successfully and provide high quality, innovative legal solutions in the increasingly complex area of legislation and practice.’

‘Nikos Koritsas and Yiannis Kantas are excellent legal advisers.’

‘It is a big practice that can cover end-to-end any corporate matters that may arise, which is useful especially during M&A deals. They have been involved in many recent important M&A deals and privatisations in Greece.’

‘They put a lot of effort, are always there and accountable.’

‘They have deep knowledge and unique expertise on public law/public procurement law and projects. Overall, a strong, devoted team of professionals who really care about client’s needs.’

‘Gregory Logothetis is an excellent lawyer and litigator. He is hard-working, professional, timely in his responses, exceptionally helpful and reliable.’

‘Excellent knowledge of PPPs in Greece, solution-oriented and pragmatic firm.’

‘Yiannis Kantas and Despoina Koutsou have been instrumental in successfully navigating through PPPs. Their ability to explain specific Greek law provisions to a France-based company was outstanding.’

Key clients

Abertis Infraestucturas S.A.

Saur S.A.

Aktor Concessions S.A.

Hellas Gold S.A.

Fraport AG and Fraport Greece

Copelouzos Group

GMR Group Limited

Aegean Motorway S.A. (AMSA)

Avialliance GmbH (member of the PSP Group)

Development of New Alimos Marina Concession Single Member S.A. (concessionaire)

Lamda Development

HelleniQ Energy

Deutsche Telekom AG

National Bank of Greece

Piraeus Bank S.A.

Alpha Bank S.A.

Eurobank S.A.

Macquarie Infrastructure Real Estate Assets Sàrl

Hellenic Republic Asset Development Fund (HRADF)

General Secretary of Research and Innovation

Work highlights

  • Advised Abertis Infraestucturas S.A. on all aspects of its participation to the tender process for the award of the concession of Attiki Odos.
  • Advised the Concessionaire (a JV formed by Aktor Concessions S.A. and Intrakat S.A.) on the tender process for the award of a PPP agreement for the review, financing, operation and maintenance of the road interconnection of West Peloponese, Kalamata-Rizomylos-Pylos-Methoni subconnection and on the issuance of a common secured bond loan of up to €216,000,000 subscribed for by Alpha Bank.
  • Appointed by HRADF to advise the latter on matters of Greek Law, in relation to the tender process for the lease of the Larymna and Loutsi mines owned by the Hellenic Republic and operated by LARCO S.A..

Kyriakides Georgopoulos Law Firm

Counting corporations from the energy, mining, and transport sectors amongst its key clients, the Kyriakides Georgopoulos Law Firm practice specialises in project finance issues and complex privatisations. The team is highly regarded for dealing with multi-jurisdictional M&A transactions, as well as demonstrating extensive experience in handling EPC contracts and project agreements. Based in Athens, Gus Papamichalopoulos leads the group, focusing on the corporate and commercial aspects of cross-border proceedings, whilst Ioanna Antonopoulou routinely acts on behalf of financial institutions. Lydia Tsapara, Efi Palaiologou and Antonis Koumpias are also key contacts in the group.

Practice head(s):

Gus Papamichalopoulos

Other key lawyers:

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

Lambadarios Law Firm

Housing a team of specialists who are ‘approachable and easy to communicate with’, Lambadarios Law Firm advises sponsors, lenders, and investors throughout public tenders relating to major infrastructure and energy initiatives. The practice covers both project finance and non-finance work relating to projects, including drafting concession agreements, EPC contracts, and public procurement. Providing ‘prompt and clear advice’, the Athens-based head Yannis Kourniotis acts for governments and lenders on construction, gambling, and energy developments, whilst George Panopoulos has ‘in-depth knowledge and experience’ in both advisory and litigation matters.

Practice head(s):

Yannis Kourniotis

Other key lawyers:

George Panopoulos


‘Unique knowledge of the practice in the sector of transport projects and related privatisations. Ability to quickly mobilise resources and respond to emergencies.’

‘Flexibility, ability to meet tough deadlines and formulating strategies.’

‘The team is very knowledgeable and experienced of local legislation and requirements in the Greek PPP market. All individuals in the team are fully up to speed with the project requirements so it is very easy to communicate with any one of them on the input required.’

‘The individuals involved are all approachable and easy to communicate with. There is a constant flow of communication and awareness of timelines, issues, and potential delays. They all have an excellent response time in queries and are available after hours.’

‘The team is highly skilled in the field of public works, PPP projects and concessions, as well as in the legal aspects of project finance and they provide accurate and insightful responses to our queries. Very responsive and always available; they are able to handle pressing deadlines and deliver excellent service.’

‘George Panopoulos has in-depth knowledge and experience of the commercial and operational aspects of the public works, construction and energy sectors.

‘Personal involvement of the partners, listening to the client’s requests and needs and open to constructive criticism with a target to always improve their services offered.’

‘The team is highly skilled in PPPs in Greece and procurement procedures in project finance transactions from a public sector perspective. The team holds experience in IFIs requirements during PPP preparation.’

Key clients

Hellenic Republic Asset Development Fund (HRADF)

Piraeus Bank

Hellenic Republic (Ministry of Public Works and Transportation)

EYDAP (National Water and Sewerage Company)

Hellenic Republic (Information Society S.A.)

A1 Yacht Trade Consortium

Blue Sea Power

Waterfall Capital Investors LLC

Gastrade S.A.


GEK Terna

Energean PLC

Hellenic Petroleum S.A. (HELPE)


PPC Renewables




Fotowatio Renewable Ventures (FRV)


Work highlights

  • Engaged by Hellenic Republic Development Fund (the privatisation fund of the Hellenic Republic) on the €1.5 billion Egnatia Odos motorway concession project, which will be the second largest motorway project in Greece.
  • Engaged by Hellenic Republic (Ministry of Public Works and Transportation) on the Enipeas River Dam PPP project. We are advising Hellenic Republic (Ministry of Public Works and Transportation) in the international public tender for the construction, operation, financing and maintenance of the Enipeas River Dam PPP project.
  • Acted as tender authority in the international public tender for the award of a public contract concerning the operation of the waste treatment plant of Psyttalia.


The structured finance and privatisation practice at POTAMITISVEKRIS is routinely instructed by the Greek government, financial institutions, and international energy companies. The team has vast experience in advising lenders on the financing of major renewable energy projects, alongside dealing with project finance and general operation aspects of global infrastructure initiatives. Based out of Athens, Euripides Ioannou heads the group, leveraging his expertise of representing prominent players in the real estate and energy sectors, whilst George Bersis regularly acts on IPOs and share capital increases. Alexander Metallinos focuses on corporate law and arbitrations, Anthea Terlegas is an expert on the project financing side, and Dimitra Rachouti is another key contact in the group.

Practice head(s):

Euripides Ioannou

Other key lawyers:

George Bersis; Alexander Metallinos; Theologos Mintzas; Anthea Terlegas; Maria Perifanou; Dimitra Rachouti; Nikolaos Kampantais; Vasilis Tsintavis


‘Highly experienced team in M&As and privatisations.’

‘Experienced and hands-on individuals at all levels.’

‘The team is always available and you can count on them.’

Key clients

The Hellenic Republic (Ministry of Infrastructure and Transportation)

The Hellenic Republic (Ministry of Finance)

National Bank of Greece

Lamda Development

Alpha Bank

Piraeus Bank

Alexandroupoli CCGT power plant

Terna Energy

Hellenic Republic Asset Development Fund (HRADF)

Work highlights

  • Advised the a syndicate of lenders in relation to a successful 500 million euro financing of Terna Energy’s Kafireas project, a 330MW cluster of wind farm projects located on the island of Evia.
  • Advised the Hellenic Republic Asset Development Fund (HRADF) on the 733 million euro privatization of the infrastructure section of the Hellenic Public Gas Corporation (DEPA) and in particular on the completion of the sale of a 100% shareholding in “DEPA Infrastructure SA” to Italgas SpA..
  • Advised the lenders in relation to a successful 216 million euro financing of Kalamata Methoni motorway, a major motorway infrastructure project and the first to be implemented under a Public Private Partnership with availability payments.

AKL Law Firm

With extensive expertise across the financial services, infrastructure, and real estate industries, the AKL Law Firm team specialises in obtaining licenses for urban development projects and handling project financing aspects of motorway initiatives. The practice demonstrates strong cross-border capabilities, routinely dealing with projects spanning across the US and European jurisdictions. Athens-based Alexandros Kosmopoulos heads the group, focusing on both corporate finance matters and the privatisation market, whilst Helen Alexiou is an expert on project development. George Zohios is knowledgeable in M&A transactions, and Kostas Fatsis is another key contact in the group.

Practice head(s):

Alexandros Kosmopoulos

Other key lawyers:

Helen Alexiou; George Zohios; Kostas Fatsis; Eleftheria Vassila


‘The AKL team is distinguished not only for its technical knowledge, but also for its responsiveness, market intelligence and efficiency.’

‘George Zohios is a distinguished legal figure in the field of project finance, and he is equally knowledgeable and experienced in projects and privatisations. What makes George stand out are not only his technical knowledge and expertise, but also his practical approach, up-to-date market intelligence, his strive for the most efficient solution and a genuine interest in the best outcome of the case.’

‘AKL’s projects and privatisation team has proved capable in handling complex and demanding projects, with many stakeholders, including lenders, project company’s JV partners and other parties involved.’

‘They have deep knowledge in the matters, safeguarding clients’ risks and interests.’

‘Alexandros Kosmopoulos is always hands-on in all matters involved in a certain project.’

‘Partners are always informed and hands-on, able to provide solutions for every obstacle that may arise.’

Key clients



Piraeus Bank




MSC Cruises

Werealize S.A.

White Mulberry S.A.

Work highlights

  • Advise long-standing client Lamda Development on various aspects of its involvement in the EUR 7 billion Hellinikon project.
  • Advised National Bank in connection with an acquisition financing relating to the acquisition by the Issuer of food companies including ION, Greece’s leading chocolate industry.
  • Advised Alpha Bank in connection with an acquisition and development financing relating to the acquisition by Goldman Sachs Asset Management of five-star hotel ‘Theophano Imperial Palace Hotel’ and four-star hotels ‘Athos Palace’ and ‘Pallini Beach’ (G Hotels) in Chalkidiki.

Dryllerakis & Associates

Frequently providing advice on the full project cycle, including planning, financing, and due diligence, the Dryllerakis & Associates projects practice has handled many privatisation cases on behalf of the Greek government. The team has special expertise in regulatory compliance and drafting project exploitation agreements, with the Athens-based head Emmanuel Dryllerakis being an expert in corporate financing and privatisations. John Dryllerakis specialises in competition law and Greek State tenders, whilst Cleomenis Yannikas assists with high-profile cases in the energy sector.

Practice head(s):

Emmanuel Dryllerakis

Other key lawyers:

John Dryllerakis; Cleomenis Yannikas; Dimitris Karavas; Anna Ntionia; Themelis Zamparas; Claire Sergaki; Leonidas Kastrinakis


‘Excellent legal background with efficient market knowledge. Very strong team to deliver on-time results on delicate legal and commercial issues.’

‘Excellent team members, with a very collaborative approach to rely on.

‘Kleomenis Yannikas is an excellent legal professional, with accurate responses on corporate issues.’

‘Leonidas Kastrinakis is an upcoming practitioner, with deep legal knowledge and an open-minded approach.’

Key clients

Belterra Investments

Hellenic Casino Parnitha S.A.

Helleniq Energy Holdings S.A.

Hellenic Public Properties Company (ETAD) S.A.

Lamda Development S.A.

Lampsa S.A.

Northern Greek Ceramics S.A. (Kothalis Group)

Porto Carras S.A.

Reden Solar Group

Thessaloniki Port Authority S.A.

Watt & Volt S.A.

Work highlights

  • Acts as the main legal advisor to Hellenic Casino Parnitha S.A. for the relocation of Casino Mont Parnes (a joint venture of Regency Entertainment S.A. and the Hellenic Republic Asset Development Fund), following a recent law permitting relocation of the casino from its current mountaintop location to an urban site.
  • Advised HelleniQ Energy Holding 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.
  • Advising the client in the context of the tender process for the expansion of container terminal (Pier 6) of the Port of Thessaloniki, Greece’s second biggest port of strategic importance for the whole of the Balkan area. The deal takes place in the context of the mandatory enhancements of the Port provided for in the Concession Agreement between the Hellenic Republic and TPA.

Karatzas & Partners

Led by Athens-based Christina Faitakis, the team at Karatzas & Partners regularly handles complex projects and privatisation matters, often spanning across various jurisdictions. The team has vast expertise in the renewable energy sphere, frequently dealing with solar and photovoltaic initiatives. Faitakis specialises in all aspects of banking, financing, and commercial law issues, whilst Valia Apostolopoulou brings in-depth knowledge of project finance and M&A transactions to the outfit. Sophia Mavridou focuses on international tenders, and Katerina Dalamara is an expert in financings and restructurings.

Practice head(s):

Christina Faitakis

Other key lawyers:

Valia Apostolopoulou; Sophia Mavridou; Katerina Dalamara


‘Karatzas & Partners’ commitment to long-term relationships transcends mere legal representation; it signifies a profound partnership built on trust, reliability, and an unwavering pursuit of client success. They adopt a transactional approach to client relationships and their legal team comprises seasoned veterans who have successfully navigated the most complex and challenging legal landscapes.’

‘K&P are one of the leaders in the market with lots of resources and experience. Handling of projects is very professional with structured approach and availability is great.’

‘Christina Faitakis is superb in leading transactions, inspired and motivated. A great partner with qualities extending beyond deep knowledge of legal matters. She is well-respected by all market participants.’

‘Karatzas & Partners’ projects and privatisations practice stands out for its exceptional industry knowledge, diverse talent pool, and commitment to innovation. Potential clients should be aware of the team’s expertise in structuring complex deals, navigating regulations, and leveraging cutting-edge technology.’

‘Partners such as Christina Faitakis bring an exceptional ability to navigate complex regulatory environments, while Sophia Mavridou impresses with her attention to detail and innovative problem-solving. Their qualities of responsiveness, industry insight, and a collaborative spirit have been immensely valued in our successful partnerships.’

Key clients

The syndicate of Greek and International lenders

Italgas S.p.A.

Hellas Gold S.A.

Lamda Development S.A.


National Bank of Greece

European Investment Bank

Autohellas S.A.


RWE Renewables GmbH

Hellenic Public Properties Company

Wirtgen Invest Energy GmbH

Piraeus Bank

Work highlights

  • Acting on behalf of the syndicate of Greek and International lenders for the approx. EUR 2 billion financing of the Concessionaire which has been awarded the design, construction, operation, maintenance and exploitation of a highway running through the western part of Greece (Ionia Odos).
  • Advised Italgas (the number one gas distributor in Italy and third in Europe) in respect to its participation in both the first and the second (binding) Phase of the international tender for the EUR 733 million sale of 100% of the shares of DEPA Infrastructure S.A., the gas distribution system operator that was created following the de-merger and unbundling of the Greek natural gas state company.
  • Act as Greek law legal advisor to Hellas Gold S.A. in a EUR 680 million project financing facility for the full restart of the development of the Skouries Project, a world-class gold and copper asset.

Reed Smith LLP

The Athens-based energy and natural resources team at Reed Smith LLP frequently represents a range of Greek and international companies on every aspect of infrastructure and energy project developments and financings. The practice has extensive experience in handling solar photovoltaic and wind projects, along with gas-fired combined-cycle gas turbine initiatives. Dimitris Assimakis heads the group, specialising in energy infrastructure and clean technology matters, whilst Minas Kitsilis focuses on regulatory issues in the oil and gas sector. George Fountas is knowledgeable on financing transactions, and Georgia Koui is also noted.

Practice head(s):

Dimitris Assimakis

Other key lawyers:

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


‘The team has been dependable throughout our process.’

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, one of the major Greek systemic banks, on the successful €436.1 million non-recourse financing provided to Alexandroupolis Electricity Production S.A., a JV of the Greek energy majors Public Power Corporation (PPC), DEPA Commercial and Copelouzos Group, for the development and construction of a new 840 MWgas-fired combined-cycle gas turbine (CCGT) power plant in Alexandroupolis, Greece.
  • Advised Alpha Bank, one of the main (systemic) Greek commercial banks, on the successful closing of an approx. €32 million non-recourse financing of a ready to build 27 MW onshore wind power project developed by Anatoliko Askio – Magoula Single Member S.A., a Greek subsidiary of Valorem.
  • Acted for HelleniQ Renewables an entity of HelleniQ Energy Group, one of the largest energy groups in Greece and the wider region, on the successful closing of a transaction with Mytilineos Group for the acquisition of a 211 MWp solar photovoltaic projects portfolio under development in southern Romania.

Sagias and Partners Law Firm

Counting major financial institutions and international energy consortiums amongst its key clients, the Sagias and Partners Law Firm practice specialises in all aspects of the tender process, spanning from the planning to the implementation. The team routinely deals with the project financing behind the construction, operation, and management of renewable energy initiatives, with the Athens-based heads Ifigenia Vourdouni and Nikolas Sagias bringing vast experience of handling important privatisation projects of public enterprises and investment plans to the group. Spyros Sagias is an expert on direct foreign investments in Greece, and Athena Papikinou focuses on commercial agreements.

Practice head(s):

Ifigenia Vourdouni; Nikolas Sagias

Other key lawyers:

Spyros Sagias; Athena Papikinou; George Tsoukalos; Olga Marinou

Key clients


Hellenic Republic Asset Development Fund (HRADF) – Project Preparation Facility



Ministry of Infrastructure and Transportation / Directorate of Transport Infrastructure with Concession Agreement (D16)



Mistraya Holdings Co. Ltd

DHB Bank

Aplekton Holdings Co. Limited

Union Star Ltd

Work highlights

  • Assigned with the provision of specialized legal support to the Project Preparation Facility of the Hellenic Republic Asset Development Fund (HRADF) regarding the awarding of public contracts for construction works of hospital units and health centers of a total budget of 562 million approximately, which are implemented within the framework of the Greek National Recovery and Resilience Plan “Greece 2.0”, financed by the European Union – Next Generation EU.
  • Provide constant legal support to the Investors of a prominent energy companies in Europe aiming to develop one of the biggest photovoltaic parks with internal storage units in Europe in Fthiotis during the development, the licensing procedure and construction of the project.
  • Assigned to provide legal services / support to the client for the preparation and submission of a file for the inclusion of the project: “Study, Construction, Financing of the Upgrade of the E02 roadway (Mavrovouni – Edessa, Giannitsa bypass, Chalkidona bypass) and operation / maintenance of river Axios bridge – Edessa’s section” to the provisions of L.3389/2005, in order for it to be implemented as project of Public Private Partnership, as well as for the entire process of Awarding the Project’s Partnership Agreement.

Your Legal Partners

Described as a ‘trustworthy, efficient’ law firm which ‘pays attention to details’, Your Legal Partners has a vast track record acting for sponsors, lenders, and entities on large PPP and privatisation projects. The team’s expertise spans across the whole spectrum of tender processes, including the design, financing, and construction aspects, with co-head Katerina Christodoulou focusing on infrastructure projects and investment funds. The other co-head, Katerina Politopoulou, is a PPP and project finance expert, whilst Fotini Mavrikaki is knowledgeable in real estate acquisitions.

Other key lawyers:

Fotini Mavrikaki; Prokopis Linardos


‘Prokopis Linardos stands out for his insightful advice with respect to finance documentation. He is an excellent commercial and corporate lawyer, with great experience in project finance transactions and M&A. Prokopis is highly motivated and determined without being antagonistic.’

‘Katerina Politopoulou leads on major structured finance transactions and advised us on key PPP projects in the field of infrastructure.’

‘Very experienced in advising bidders, state or lenders. They are very capable in understanding the different perspectives depending whom they advise. Very pragmatic and knowledgeable.’

‘Katerina Christodoulou is an expert and is strong in negotiations. Katerina Politopoulou is diligent and Prokopis Linardos takes an in-depth approach on the matters with an eye for detail. Happy to go the extra mile, no matter how much time is stretched and how demanding the project is.’

‘If you are looking for a firm that is trustworthy, efficient, and pays attention to details, Your Legal Partners is your firm. They have a team of experienced lawyers who will handle your case with professionalism and care and will work hard to achieve the set goals.’

‘Katerina Christodoulou is a lawyer who combines creativity and customer friendliness with legal expertise. She is always looking for innovative solutions to your legal problems, and listens to your needs and preferences.’

‘Katerina Christodoulou, together with Fotini Mavrikaki are reachable and available to hear and provide solid solutions to legal matters you are concern with.’

Key clients

Hellenic Republic Asset Development Fund

GrowthFund the National Fund of Greece

Ministry of Infrastructure & Transport


Sterner Stenhus

Eurobank SA

Piraeus Bank SA

Alpha Bank SA

Mytilineos SA

Work highlights

  • Act as legal advisors to the Lenders in the financing of the circa €2.4 billion Attica Motorway Concession to a bidding consortium consisting of VINCI Concessions S.A.S., VINCI Highways S.A.S. and Mytilineos S.A..
  • Acted for the consortium of Mytilineos S.A. and ATESE S.A. as the winning consortium in the Public Private Partnership regarding the design, construction, financing, maintenance and operation of 17 school units in the Central Macedonia Region.
  • Engaged by ATESE S.A. to act as legal advisers for its participation in the tender process with respect to the design, construction, financing, operation and maintenance of 8 Schools and a park in Chania, Crete. Our firm currently supports ATESE S.A. in the competitive dialogue with the Awarding Authority.

Fortsakis, Diakopoulos, Mylonogiannis & Associates Law Firm

Headed by the Athens-based duo of Dimitris Diakopoulos and Nikolas Avgouleas, the Fortsakis, Diakopoulos, Mylonogiannis & Associates Law Firm projects practice is regularly involved in major privatisation procedures and provides extensive regulatory advice. Diakopoulos exhibits ‘outstanding efforts of professionalism’, bringing vast knowledge on privatisations and investment projects to the group, whilst Avgouleas is an expert on energy and public procurement law. Meanwhile, Spyridon Skliris assists major domestic and international legal entities.

Practice head(s):

Dimitris Diakopoulos; Nikolas Avgouleas

Other key lawyers:

Spyridon Skliris


‘The overall level of service rendered by FDMA is outstanding. Its legal team is well-equipped with the necessary legal knowledge. The legal and factual analysis provided by FDMA resulted in desired legal outcomes. The team never failed to provide accurate assessment on the degree of legal risk in a given situation in a timely manner and have always been able to demonstrate sound judgment in planning and managing the matters for the company.’

‘Dimitris Diakopoulous demonstrates outstanding efforts of professionalism. He realistically anticipates the possible problems and unexpected events and provides innovative solutions for consideration by the Company.’

‘The team has the ability to navigate the complexities of the Greek landscape in a professional, insightful and compliant manner. Combining a simultaneous understanding of the local and global landscapes is invaluable especially on complicated cases burdened with regional issues.’

Key clients

Hellenic Republic Asset Development Fund

Ministry of Infrastructure and Networks

Ardian Infrastructure Fund S.C.A

REDS SA (member of Ellaktor Group)

Israel Shipyards Industries Ltd – Hellenic Halyvourgia SA

Engineeers and Public Works Contractors Fund (TMEDE)

Inc S.p.A.

Greek subsidiaries of Total Eren

Capital Gas Ship Management Corp. Limited


Plasan Sasa Ltd & SK Group / Elvo Hellenic Vehicles Industry 2020 S.A.

Ellaktor S.A.

Work highlights

  • Acted as legal counsel to Hellenic Republic Asset Development Fund regarding the second phase of the tender process for the sale of shares of Heraklion Port Authority (HPA) and the renegotiation of the Concession Agreement between the Greek State and the HPA.
  • Acted as legal counsel to the consortium Israel Shipyards Industries Ltd – Hellenic Halyvourgia SA on their participation the tender process for the sale of Volos Port Authority.
  • Advised INC S.p.A. with regard to its participation in the tender process of the Hellenic Republic Asset Development Fund S.A. for the award of a service concession agreement of Attica Motorway.

KLC Law Firm

Being one of the top choices for major foreign investors and the Greek State, KLC Law Firm has ‘specialised knowledge’ in both privatisation projects and renewable energy initiatives. The team also provides full legal support on all aspects relating to real estate, public, and tax law, with Athens-based Xenofon Papayiannis an expert on the EU and Greek regulatory framework. Vassilis Voutsakis focuses on international tenders and development projects.

Practice head(s):

Xenofon Papayiannis; Vassilis Voutsakis; Ioanna Lazaridou


‘Professionalism, knowledge, devotion, excellent and collaboration.’

‘Demonstrated proficiency and specialised knowledge in specific areas of law, allowing them to provide tailored and effective legal advice.’

‘Clear and concise communication ensuring everyone involved understands the proceedings and options.’

‘Adherence to high ethical standards and professional conduct, maintaining the trust.’

‘Clear and transparent billing practices, providing a detailed breakdown of fees and expenses.’

‘Elina Stratiki has proven the ability to think creatively and develop innovative solutions to complex challenges we have faced over time.’


Key clients

Hellenic Gaming Commission

Hellenic Republic Asset Development Fund (HRADF)


National Energy Group

Siemens Energy

Elliniko (formerly Attiko) Metro S.A.

Eurobank S.A.

Work highlights

  • Advised the Greek privatization agency (HRADF) in the privatization of Egnatia Motroway, a project that recorded the highest amount (€1.496 billion) ever offered for an asset privatisation in Greece.
  • Advised Eurobank on the negotiations for the potential acquisition of a plot of land within the Ellinikon project and the development of one of six towers of the Ellinikon project in a deal that, if materialised, was estimated to reach a value of €140m.
  • Advised the Hellenic Gaming Commission on the international tender for the 30-year IRC license concession at the Metropolitan Pole of Hellinikon, dubbed as Europe’s largest integrated resort of an aggregate investment value of ca. €8 billion.

Michailopoulos & Associates

Michailopoulos & Associates is a boutique law firm specialising in the preparation and implementation of investment plans and co-financed projects. The team has substantial expertise in the construction, energy, and real estate spheres, and routinely works with government agencies on contentious and litigious matters. The ‘excellent expert’ Gregorios Michailopoulos leads the Athens-based team, focusing on public finance and public procurement law issues, whilst Marios Markatos and Eftychia Pournara consistently advise multinational and local businesses.

Practice head(s):

Gregorios Michailopoulos

Other key lawyers:

Marios Markatos; Eftychia Pournara


‘The individuals who stand out, including Grigoris Michailopoulos and Eftychia Pournara, have extensive experience in co-financed projects within the framework of public contracts, as well as in NSRF management issues.’

‘They are very competent and solution-oriented. They help you understand difficult legal issues for non-lawyers, providing trustworthy technical expertise and focusing on the best possible result for our organisation. The team is accessible, applies short decision-making processes and works with a high degree of responsibility.’

‘Gregorios Michailopoulos is an excellent expert in public procurement law matters. He has high level of competence, is very reliable and always adapting to the needs of the public sector authorities. He is proactive and combines the legal point of view with political and economic aspects.’

‘Michailopoulos and Associates Law Firm possesses a profound understanding of public procurement law and co-financed projects. They excel in addressing complex issues and offering innovative, tailored solutions. Their thorough research, timely responses, and adaptability are commendable, making them a competent and flexible choice.’

‘Gregorios Michailopoulos is a highly accomplished legal expert, a dedicated advocate for his clients, and a consummate professional. If you are seeking legal representation of the highest quality and exceptional legal counsel, Gregorios is the lawyer you want in your corner.’

‘Marios Markatos is a brilliant lawyer known for his meticulous attention to detail and extensive experience in public procurement law, as well as project and privatisation matters.’

‘Gregorios Michailopoulos is an outstanding authority in matters of public procurement law and project finance. He exhibits an elevated level of expertise and consistently maintains a high degree of reliability while adeptly accommodating the requisites of public sector authorities.’

‘They have a diverse approach to our very demanding field as the procurement law and they have always been as accurate as we wished. We appreciated their ability to instantly realise the special necessity of any query we faced so far and their promptly response, no matter what level of difficulty any issue would have to be dealt with.’

Key clients

Special Secretariat – General for the Management of the EU Recovery and Resilience Facility – Ministry of Finance

Special Secretariat – General for the Management of the European Social Fund Programmes – Ministry of Development and Investment

DIADIKASIA S.A. Business Consultants

Managing Authority for the Operational Programme “Transport Infrastructure, Environment and Sustainable Development (EYD EP YMEPERAA)

NOISIS Development Consultants S.A.

Hellenic Organization of Cultural Resources Development (H.O.C.RE.D.)

National health service provider organization (EOPYY)

National Central Authority for Health Supplies (CPBHS)

Work highlights

  • Provide legal advice and support to the Special Secretariat – General for the implementation of the projects funded from the EU Recovery and Resilience Facility, falling within the sectors of Spatial Planning and Environment and the sectors of Employment, Skills, Social Welfare and Security and the respective Pillars 1 (Green Transition) and 3 (Employment, skills and social cohesion), amounting to approximately EUR 11 billion.
  • Provide legal services to the Managing Authority for the Operational Programme “Transport Infrastructure, Environment and Sustainable Development regarding the implementation of major infrastructure projects under the “Environment and Climate Change Programme” with an estimated value of approximately EUR 2 billion.
  • Represented the Central Purchasing Body for Health Supplies (CPBHS) before the Supreme Administrative Court, ensuring the rejection of all administrative and judicial remedies and the timely conclusion of the award process of a framework agreement of great economic value of EUR 95.507.800,90.

Politis & Partners

With considerable expertise in handling project finance proceedings on behalf of developers, lenders, and financial advisors, the projects practice at Politis & Partners routinely deals with the whole gamut of issues surrounding privatisation initiatives. Operating out of Athens, Vangelis Politis leads the group, specialising in the development and construction of renewable and privatisation initiatives, whilst Nikolaos Anastopoulos focuses on financial transactions. Emmanouil Savoidakis regularly oversees cross-border transactions, and Dimitra Rossopoulou is also highlighted as key.

Practice head(s):

Vangelis Politis

Other key lawyers:

Nikolaos Anastopoulos; Emmanouil Savoidakis; Dimitra Rossopoulou;l Dimitrios Theodoropoulos


‘Quick responses and knowledge of the field.’

‘We have worked with Nikolaos Anastopoulos with excellent results.’

Key clients

Piraeus Bank S.A.

Bank of Cyprus S.A.

Eurobank Leasing S.A.

Eurobank S.A.

V+O Communication & Consulting S.A.

SPI Energy Co. Ltd (SPI)

CPI Computer Peripherals International

Work highlights

  • Acted for Eurobank Leasing SA in two multimillion leasing financings which were provided to one of the biggest global telecom operators.
  • Represented Piraeus Bank S.A., one of the four systemic banks in Greece, in connection with a concession contract for the granting of a port operation services.
  • Acted for Eurobank SA in financing a 40MW wind farm, owned by a major Greek energy group.

Zepos & Yannopoulos

Providing tailored advice to domestic and international corporations in relation to major renewable energy initiatives, and public procurement procedures, the Zepos & Yannopoulos team is highly praised. The practice has broad expertise, acting on behalf of companies in the defence, energy, and IT sectors, and the Athens-based co-heads Anastasia Makri and Sofia Chatzigiannidou bringing vast experience of dealing with judicial tender related disputes and large-scale projects to the group. Nasia Gkouma focuses on administrative law, and Smaragda Spyrou is also highlighted.

Practice head(s):

Anastasia Makri; Sofia Chatzigiannidou

Other key lawyers:

Nasia Gkouma; Smaragda Spyrou; Nikos Koukos


‘Good service, responsive, diligent, efficient and professional.’

‘Anastasia Makri and Sofia Chatzigiannidou’s expertise in projects, privatisation, and commercial affairs, combined with their mastery of contract drafting, sets them apart in the legal arena.’

‘Anastasia Makri, drawing from her extensive experience, stands out for her proactive and solution-oriented approach, adeptly navigating intricate legal challenges. Sofia Chatzigiannidou, a seasoned partner, consistently demonstrates remarkable responsiveness and a dedication to finding innovative solutions, making her an indispensable resource in projects.’

‘They are very collaborative and anticipate problems.’

‘Sofia Chatzigiannidou showcased outstanding qualities that contribute to the overall strength and success of the team.’

‘Smaragda Spyrou and Nikos Koukos contribute with their profound expertise and nuanced understanding of contracts and energy law, providing insights that go beyond the ordinary.’

‘The firm has managed to establish themselves as an indispensable and vital part of our team. They have achieved this by a combination of direct responsiveness, quality of advice and business empathy, moving a step forward from a traditional legal standpoint.’

‘Sofia Chatzigiannidou and Nasia Gkouma are extremely knowledgeable and combine their competence with good tempered speaking skills, adding credibility and respect to their advice. Extremely responsive even to urgent requests that may arrive on Friday afternoons or upon short notice.’

Key clients


Melita Power Diesel


National Bank of Greece

Helleniq Energy


Sagemcom Energy

Bouygues Group


Stavros Niarchos Foundation

Work highlights

  • Advised the Consortium of companies, including Brisa – Auto Estradas de Portugal, S.A – Rubicone MidCo B.V. – Intrakat SA, on its participation in the international tender launched by the Hellenic Republic Asset Development Fund (HRADF) for the new concession of Attiki Odos, a 70km motorway infrastructure in Attica.
  • Advised SeproTec on the award of a 100 million framework agreement for the provision of translation and interpretation services following a public tender launched by the Ministry of Migration and Asylum.
  • Advised Melita Power Diesel on a tender launched by the Ministry of Defence for the award of a EUR21 million contract for the procurement of spare parts as well as the delivery of services to the t. 209 submarine fleet, which forms a key component of the Hellenic Navy’s operations.