Projects and privatisation in Greece

Bernitsas Law

Bernitsas Law has a first-rate reputation for advising high-profile clients on major projects, overseeing privatisations of state-owned enterprises, project finance and PPPs. Its work spans areas such as energy (including oil and gas), transport, infrastructure, telecoms and waste management, among others. The firm is advising Vodafone on the engineering, procurement, construction and installation of a Fiber To The Home Network for inner and outer rings and vertical building connections. The practice is led by Panayotis Bernitsas, Dimitris Roussis and Yannis Seiradakis. Senior associate Stella Papakosta is also noted.

Practice head(s):

Panayotis Bernitsas; Dimitris Roussis; Yannis Seiradakis

Other key lawyers:

Nikos Papachristopoulos; Stella Papakosta; Eleni Stazilova

Testimonials

‘The team demonstrated in-depth understanding of all legal facets of the privatisation and was able to provide spot-on recommendations to our client.’

‘Yannis Seiradakis and Eleni Stazilova were exemplary in their capacity as Greek legal advisors to our client. They were able to articulate succinctly complex legal matters to an international client, unfamiliar with the local landscape and legal regime. In addition, they always provided an array of possible choices to the client and presented recommendations with appropriate justification.’ 

‘The Bernitsas Law Firm Projects and Privatisations Team stands out for its multifaceted approach to the assigned cases, covering different law areas, therefore preventing unnecessary fallbacks and providing their clients with complete advice.’

‘Experienced; enthusiastic; efficient; hardworking team.’

‘Yiannis Seiradakis and Stella Papakosta are both seasoned professionals, excellent collaborators that think outside of the box, reduce complexity in transactions and deliver solid results.’

‘The team is very experienced, one of the most experienced teams in Greece in this sector, and have been involved in practically every important related transaction in the country.’

‘Yiannis Seiradakis and Stella Papakosta are valuable collaborators of our company, they are highly efficient and motivated professionals that have helped us successfully in every complicated transaction.’

‘A key element to highlight is their flexibility and understanding of the client needs, since they understood our need and proposed us a tailor-made type of service agreement.’

Key clients

Avax SA

Credit Agricole

CVC

Dahzong Utility Shanghai

Ellaktor SA

Equitix Partners

European Bank for Reconstruction and Development (EBRD)

Gastrade SA

Grant Thornton

Hellenic Petroleum SA

HHRM (Hellenic Hydrocarbon Resources Management)

ICGB AD

Masdar Abu Dhabi

Motor Oil Hellas

Mytilineos Group

National Bank of Greece SA

Olympia Odos SA

Public Power Corporation

Taaleri Energia

TIIC Infrastructure Fund

The Hellenic Republic

SINO-CEE Fund

Statkraft

Vinci Group

Vodafone

Vinci Group

Work highlights

  • Advised Vodafone Greece on the engineering, procurement, construction and installation of a Fiber To The Home (FTTH) Network for Inner & Outer Rings and Vertical buildings connections, within the regions of Attica, Thessaloniki, Patra, Ioannina, Volos, Kozani and Veroia.
  • Advised Motor Oil Hellas on the acquisition from an entity controlled by a leading global investment fund of a portfolio of 12 wind farms with a total capacity of 240MW, the biggest part of which is located in central and northern continental Greece.
  • Advised CVC in relation to its participation in the tender conducted by PPC for the sale of 49% of Hellenic Electricity Distribution Network Operator (HEDNO).

Koutalidis Law Firm

Koutalidis Law Firm has vast experience of advising clients on public procurement and concessions, assisting clients from around the world with navigating government regulations and policies pertaining to the structure of contractual relationships with market participants and public authorities. It is also a leading adviser to clients on privatisations, where its work covers complex projects concerning infrastructure and energy assets. PPPs are also seen as a key area of strength. The firm recently represented Agean Motorway in arbitration proceedings against the Greek state over the issuance of an operation permit for the largest tunnels in the Balkan region. Nikos Koritsas, Gregory Logothetis, Effie Papoutsi and Ioannis Kaptanis lead the practice. Senior associate Yiannis Loizos is another key contact.

Practice head(s):

Nikos Koritsas; Gregory Logothetis; Ioannis Kaptanis; Effie Papoutsi

Other key lawyers:

Yiannis Loizos; Yiannis Kantas

Testimonials

‘Excellent communication; collaboration; responsive time.’

‘Great team and very good professionals.’

Key clients

Fraport AG and Fraport Greece

Copelouzos Group

GMR Group Limited

Aegean Motorway S.A. (AMSA)

Avialliance GmbH (member of the PSP Group)

Aktor Concessions S.A.

Lamda Development

Hellenic Petroleum S.A. (HELPE)

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)

Work highlights

  • Advised on the concession of Alimos Marina, one of the largest marinas in Greece with a net present value of €57.5 m.
  • Advised on the concession and financing of the New Kastelli (Heraklion) International Airport, valued at more than €850m, to GMR Airports Limited.
  • Advised all four Greek systemic banks in connection with several drawdowns by Athens International Airport (AIA) under a common bond loan of up to €100m for five airport related CapEx projects, in connection with an up to €140m bond loan in respect of working capital and operational needs of the Athens International Airport S.A..

Kyriakides Georgopoulos Law Firm

Kyriakides Georgopoulos Law Firm‘s sizeable team is praised for its ‘high standards of expertise in the due diligence of sectoral projects‘. The firm has an outstanding track record in energy and infrastructure projects in Greece. The firm has a notably stand out reputation in privatisations, with a track record that dates back more than four decades. In a notable mandate, the firm is acting for WIRCON GmnH on a strategic investment involving the development and amalgamation of a golf course, a hotel and a 300MW pv park. The practice is led by Gus Papamichalopoulos, Elisabeth Eleftheriades and Evi Dimitropoulou. Kimon Tsakiris, who was promoted to partner in April 2021, is also noted.

Practice head(s):

Gus Papamichalopoulos; Elisabeth Eleftheriades; Evi Dimitropoulou

Other key lawyers:

Ioanna Antonopoulou; Kimon Tsakiris

Testimonials

‘High level of expertise, excellent quality of services, flexibility, professionalism and excellent relationships with clients.’

‘Long term experience; availability; commitment; hard working; flexible.’

 

Key clients

ABO WIND A.G.

ADMIE S.A.

QAIR ENERGY (INTERNATIONAL)

DESFA

AXPO Bulgaria EAD

AXPO SOLUTIONS AG (Greek Branch)

BLUE GRID GAS & POWER

Calfrac Well Services LTD

STATKRAFT ASEDF EN HELLAS

ENAGAS INTERNACIONAL S.L.U.

Deutsche Erneuerbare Energie GmBH

FLUXYS S.A.

Snam SpA

GEK TERNA S.A

ILIA ENERGY INC.

MOTOR OIL S.A.

RWE Renewables GmbH

State Grid Corporation of China (SGCC) and State Grid Europe Limited (SGEL)

WIRCON GmbH

Lightsource bp

AXPO SOLUTIONS AG (Greek Branch)

STEAG SOLAR ENERGY Solutions GmbH

RECOM SOLAR TECHNOLOGIES

TERNA ENERGY S.A.

Solar Century Holdings

Alternus Energy Group Plc

Vestus

European Energy DK

Vestas Wind Development A/S

European Energy DK

POTAMITISVEKRIS

POTAMITISVEKRIS has a significant foothold in projects in the energy sector. In one mandate, it is advising Elsewedy Electric on a joint venture development agreement with a local partner for the development, construction and operation of a Greek 50MW PV project. The firm also acts for both sponsors and lenders on infrastructure concessions, large-scale construction projects and PPPs for waste management and other facilities. The practice is led by Euripides Ioannou, who has a wealth of experience advising both domestic and international clients on PPPs, as well as energy, upstream oil and gas, construction and real estate projects. George Bersis and senior associate Anthea Terlegas are also key contacts.

Practice head(s):

Euripides Ioannou

Other key lawyers:

George Bersis; Theologos Mintzas; Anthea Terlegas; Dimitra Rachouti

Testimonials

Key Strengths: Knowledge of the sector, communication and responsiveness, use of technology, ability to think outside the box and the proposal of alternative solutions’

They possess remarkable knowledge of the sector and their work exceeded my expectations. They stand out not only for their knowledge of the sector but also for the quality of the work performed as well as their responsiveness and their ability to work on very tight time-schedules.’

Key clients

Lamda Development

National Bank of Greece

Alpha Bank

Piraeus Bank

Motor Oil

Wind Hellas

Terna Energy

Cubico Sustainable Investments Limited

Elsewedy Electric

Hellenic Republic Asset Development Fund (HRADF)

Work highlights

  • Advised Lamda Development on the €542m financing for the urban development of Athens’ former airport in Hellinikon.
  • Advised National Bank of Greece S.A. on two financings to GEK TERNA and GMR Airports for the construction of the new international airport in Crete, amounting to €220m.
  • Advised Alpha Bank on the financing and development of Alimos Marina, the biggest marina in the Balkans with 1,100 berths.

AKL Law Firm

AKL Law Firm is regularly involved in large, highly complex and high-value projects, such as those concerning ports and airports, roads and hotels. The firm has a notably strong capability in the financing aspects of projects, including PPP and project finance. In the real estate arena, the firm is acting for Lamda Development on the €7bn Hellinikon project, which is the largest real estate project in Europe to date. Alexandros Kosmopoulos heads up the practice.

Practice head(s):

Alexandros Kosmopoulos

Other key lawyers:

Helen Alexiou; George Zohios; Kostas Fatsis

Key clients

LAMDA DEVELOPMENT S.A.

ALPHA BANK S.A.

Marguerite Fund

Atlantia

Piraeus Bank and Eurobank

Eurobank Ergasias

HELLENIC REPUBLIC ASSET DEVELOPMENT FUND

Work highlights

  • Advised Lamda Development on various aspects of its involvement in the €7bn Hellinikon project.
  • Advised Hellenic Republic Asset Development Fund on the upcoming privatisation of four Greek Regional ports: Alexandroupolis, Heraklion, Igoumenitsa and Volos.
  • Advised Alpha Bank S.A. in its capacity as Arranger, Agent and Lender on loans to DPN SA with regard to the financing of a project consisting of the development of an upscale 3* hotel, and the development of 3* hotel apartments for student accommodation at Patras.

Dryllerakis & Associates

Dryllerakis & Associates has a strong track record acting for the Greek state on privatisations. It also attracts mandates from various other clients, including Belterra Investments, Porto Carras and Prysmian Powerlink. The firm is acting for Hellenic Petroleum on the privatisation of DEPA Commercial Infrastructure S.A. Emmanuel Dryllerakis heads up the practice. Senior partner John Dryllerakis and Cleomenis Yannikas are also recommended.

Practice head(s):

Emmanuel Dryllerakis

Other key lawyers:

John Dryllerakis; Cleomenis Yannikas; Dimitris Karavas; Themelis Zamparas; Claire Sergaki

Testimonials

‘Easy access to partners, when and if required. You get the feeling that your legal adviser will go the extra mile to find a creative solution, instead of ‘no, this can’t work’’.’

Key clients

Belterra Investments

Hellenic Casino Parnitha S.A.

Hellenic Petroleum S.A.

Hellenic Public Properties Company (HPPC) S.A.

LAMDA DEVELOPMENT S.A.

Northern Greek Ceramics S.A. (Kothalis Group)

Porto Carras S.A.

Prysmian Powerlink

Thessaloniki Port Authority S.A.

Work highlights

  • Advised Lamda Development S.A. on the transfer of shares of Helinikon S.A. from HRADF to Hellinikon Global I S.A. for a consideration of €915m.
  • Advised Belterra Investments on a €200m M&A deal regarding the acquisition of the renowned Porto Carras complex in Northern Greece.
  • Advised Hellenic Petroleum S.A. on the sale of its 35% participation in DEPA Infrastructure SA, in the privatization process ran by the Privatization Fund (HRADF) for the sale of 65% stake held by the latter.

Karatzas & Partners

Karatzas & Partners has a strong pedigree for handling substantial privatisations and project finance transactions, as illustrated by the fact that it is advising Lamda Development on financing matters associated with the high-profile Hellinikon Project. Also notable is that it advised Athens International Airport on a €140m bonds issuance. Christina Faitakis and Alexandros Metallinos co-head the practice.

Practice head(s):

Christina Faitakis; Alexander Metallinos

Other key lawyers:

Vassiliki Salaka; Anna Manda; Valia Apostolopoulou

Testimonials

‘This law firm offers a significantly high level of service in terms of response time, business acumen, industry knowledge and appropriateness of advice. Their depth and breadth of 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.’

‘They are extremely competent and flexible. They are perfect problem-solvers.’

‘Alexander Metallinos is a brilliant lawyer with immense legal knowledge in various fields of law. He has a unique ability to find practical solutions. Having consulted Alexandros one knows that nothing important has been missed in the advice.’

Key clients

National Bank of Greece SA

PPC SA

DEPA SA

Ellaktor

Lamda Development

Italgas S.p.A

European Investment Bank

IFC

Eurobank

EBRD

Work highlights

  • Advised Italgas S.p.A. on its participation in both the first and second bidding phase of the international tender for the sale of 100% of the shares of DEPA Infrastructure S.A..
  • Advised Lamda Development SA in aspects of Project Hellinikon.
  • Advised Athens International Airport on the issuance of an additional common bond loan of up to €140m to finance AIA’s working capital and operational needs.

Lambadarios Law Firm

Lambadarios Law Firm acts for a wide client base on projects, including public bodies, sponsors, lenders, investors and multilaterals. The sizeable team covers the full spectrum of financing and non-financing work involving energy and infrastructure projects, notably concession agreements, exploration contacts, PPAs, PPPs and PFIs, land acquisitions, EPC and public procurement. The experienced Yannis Kourniotis, Constantinos Lambadarios, George Panopoulos and Prokopis Dimitriadis jointly lead the practice. An additional name to note is Magdalini Christina Vlachou Vlachopoulou, who assisted the Hellenic Republic Asset Development Fund with the €2bn Athens Ring Road Project.

Practice head(s):

Yannis Kourniotis; Constantinos Lambadarios; George Panopoulos; Prokopis Dimitriadis

Other key lawyers:

Magdalini Christina Vlachou Vlachopoulou

Testimonials

‘Lambadarios Law Firm is a law firm that you can consider as your right hand whenever you enter into a transaction. They understand the specifics of the project very fast, and can guide you regarding all legal implications and how these affect the commercial terms. Hence, you have a partner that can be with you from the very beginning and move the project forward.’

‘George Panopoulos – top legal adviser, always a calm and knowledgeable force. He is always there, responsive and able to cooperate in order to provide you with solutions and move things forward. Yannis Kourniotis – top legal adviser, works 24/7 , understands all strategic implications of a transaction and is able to produce documentation from scratch. Documentation that is 100% bankable. You are certain with Yannis that you can conclude the transaction no matter what obstacles you find during the transaction process.’

‘They are able to handle pressing deadlines and deliver excellent service. With exceptional understanding of the business aspects of the issues at hand, Lambadarios Law Firm is uniquely positioned to support large organizations in multifaceted transactions, which require a combined legal, commercial and practical approach. We were impressed with the team’s readiness and availability during this challenging era of the pandemic.’

‘George Panopoulos has in-depth knowledge and experience of the commercial and operational aspects of the public works, construction and energy sectors. His role has been instrumental as an adviser in the course of our company’s involvement in various key projects.’

‘Constantinos Lambadarios is an excellent corporate lawyer, with great experience in commercial and corporate transactions including M&A. Constantinos stands out also for his exceptional communication, team and leadership skills.’

‘Prokopis Dimitriadis is very knowledgeable and experienced in advising on project finance and drafting finance documents for large infrastructure projects.’

‘Exceptionally professional, with focus on meeting client needs and proposing solution with out-of-the-box thinking. Excellent sector knowledge and a complete package of services, customised to meet the client’s requests.’

‘Constantinos Lambadarios: knowledgeable, open and friendly with exceptional problem solving capability. Lateral thinking. George Panopoulos: extensive experience, results driven, abi1lity to focus on the important issues. Razor sharp. Prokopis Dimitriadis: very responsive, knowledgeable on his field, smooth delivery.’

Key clients

Hellenic Republic Asset Development Fund (HRADF)

Gastrade S.A.

Mohegan Gaming & Entertainment

Athens Water Supply and Sewerage Company (EYDAP)

Greek State

Intrakat

GEK Terna

FLNG RUS

Invenergy

Waterfall Capital Investors LLC

Volterra S.A.

Nostira Renewable Energy

Piraeus Bank

DEPA S.A.

Terna S.A.

ENGIE S.A.

Work highlights

  • Advised Hellenic Republic Asset Development Fund on its granting of the concession right over Attica Motorway to third parties.
  • Advised Mohegan Gaming Entertainment in its participation in the public tender for the concession of a Casino License and the development of the Hellinikon Integrated Resort Casino.

Sagias and Partners Law Firm

Sagias and Partners Law Firm has been active in privatisation projects since they first emerged in Greece in the mid-1990s. It has experience of acting for the Greek state as the contracting authority, as well as private clients. Recent work included acting for HEDNO on a €5bn share transfer by PPC to a bidder. Ifigenia Vourdouni and Nikolas Sagias lead the practice. Senior partner Spyros Sagias is also noted.

Practice head(s):

Ifigenia Vourdouni; Nikolas Sagias

Other key lawyers:

Spyros Sagias; Athena Papikinou; George Tsoukalos; Olga Marinou; Rania Valta; Eleni Siouti

Testimonials

‘The Sagias Law firm approach is tailored made to the clients needs and special demands. They also have high negotiation skills. The diversification of their services is huge.’

‘Nicolas Sagias listens three times more than he talks. So at the end he delivers three times more. His advice is always welcome and most importantly he always listens to everyone and is able to handle any situation. His major advantage is that he understands and feels the economic and financial underlying factors of most business.’

‘Sagias & Partners Law Firm has extensive experience in projects and privatization and their team is in a position to efficiently assist their clients focusing on achieving the targets set. Their advice is to the point, practical and smart, addressing the clients actual needs and providing real solutions.’

‘The individuals we have worked with, particularly Mrs Ifigeneia Vourdouni, are very efficient, flexible and devoted to achieving the best result for their clients. We appreciated punctuality and the high level of response.’

‘The team is very well organized and delivers the requested Legal opinion and support on time with clarity in order to be used for the targets of the company.’

‘The individuals we collaborate with have exceptional personality and knowhow. They are characterized for their integrity, solid opinion and they are individuals that you can depend on.’

‘This is our second year of cooperation with Sagias & Partners’ law firm. The fact that we stayed with them during the pandemic means a lot: despite the difficulties and adversity, their staff managed to deliver a high-caliber legal product without any reduction in quality or speed of delivery.’

‘During our cooperation with Sagias & Partners law firm we work closely with Mrs. Eleni Siouti. Due to her multinational experience and solid academic background, Eleni is very punctual and productive in what she is doing. She was by our side every step of the way and is always happy to assist and explain to us even the most obvious details and information.’

Key clients

Piraeus Port Authority S.A.

HEDNO (ΔΕΔΔΗΕ)

PIMA GROUP

SHRE/SHRI, LLC (HARD ROCK CAFE)

INTRACOM CONSTRUCTIONS S.A.

Yperion Energy SA

MELCO SA

TEKAT Hellenic Parliament Energy Renovation

Greek Payment Authority of Common Agricultural Policy (C.A.P.) Aid Schemes (OPEKEPE)

Union Star Ltd

ISV Architects S.A. (“ISV S.A.”)

Aegean Oil

Work highlights

  • Advised Piraeus Port Authority S.A. in various projects including the implementation of the privatisation program deriving from the Hellenic Republic PPA Concession agreement.
  • Advised SHRE/SHRI LLC on the awarding of the development of a casino and hotel, with a minimum value of €300m.
  • Advised HENDO on 49% shares’ transfer by PPC.

Your Legal Partners

Your Legal Partners' excellent reputation in projects and privatisations sees it act for the Greek government, state agencies, sponsors and lenders. It has been appointed by the Hellenic Republic Asset Development Fund to handle four of its most notable projects, including the sale of its 30% stake in Athens International Airport. Katerina Christodoulou is well-versed in infrastructure projects. She co-heads the practice with Katerina Politopoulou who is an expert in PPP and project finance.

Practice head(s):

Katerina Christodoulou; Katerina Politopoulou

Other key lawyers:

Prokopis Linardos

Testimonials

‘The team is brilliant and the cooperation is excellent. They respond quick, they collaborate and they aim to achieve the result.’

‘Mr Linardos is a brilliant collaborator, up-to-date, willing to listen and gives effective solutions.’

‘Very good technical skills, experience in all relevant matters, swift responses, modest people with great and solid ideas.’

Key clients

Hellenic Republic Asset Development Fund

Ministry of Infrastructure

AVAX S.A

Sterner Stenhus

Eurobank SA

Piraeus Bank SA

Alpha Bank SA

Work highlights

  • Advised HRADF in relation to the privatisation of four Greek Regional Ports, namely the ports of Alexandroupolis, Igoumenitsa, Heraklion and Volos.
  • Advised HRADF on the Alimos Marina Concession.
  • Acted as joint legal advisors – together with AKL Law Firm- to the Mandated Lead Arrangers, Eurobank and Piraeus Bank, on the complex €347m financing for the acquisition of 100% of the shares in Hellinikon S.A. by Lamda Development S.A.

KLC Law Firm

KLC Law Firm is a 'pioneer in the provision of legal services in the privatisation sector', according to one of its clients. It acts for First State Investments, Attiko metro and Hellenic Republic Asset Development Fund, among others. Xenofon Papayiannis, Vassilis Papayiannis and Alexandros Tsirigos jointly lead the practice, combining their experience as legal counsellors before the Independent Power Transmission Operator, Hellenic Gaming Commission and PPC Renewables.

Practice head(s):

Xenofon Papayiannis; Vassilis Voutsakis; Alexandros Tsirigos

Key clients

HELLENIC GAMING COMMISSION

FIRST STATE INVESTMENTS

EDISON INTERNATIONAL HOLDING N.V / EDISON SA

HELLENIC REPUBLIC ASSET DEVELOPMENT FUND (HRADF)

ATTIKO METRO SA

Michailopoulos & Associates

Michailopoulos & Associates is a boutique law firm with ‘cutting edge expertise and extensive experience‘ in matters involving the preparation and implementation of co-financed projects and investment plans. It acts for a range of clients, including national and international agencies and authorities, administration bodies and public entities. Gregorios Michailopoulos, who leads the team, has experience of handling the implementation of PPP projects.

Practice head(s):

Gregorios Michailopoulos

Other key lawyers:

Marios Markatos

Testimonials

‘MICHALOPOULOS & ASSOCIATES LAW FIRM’s associates are all well-trained lawyers with a problem solving attitude and on time responses.’

‘The level of knowledge of particular areas of the public sector operations and procedures, the willingness to keep up with the latest developments, both legal and technological, along with the finest relations with all relevant stakeholders, makes Michailopoulos & Associates Law Firm a uniquely positioned law firm with vast experience.’

‘Level of knowledge; timely response and availability; thoroughly sourced answers; delicate handling of situations; thoughtful wording of legal opinions.’

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

National Central Authority for Health Supplies (CPBHS)

DIADIKASIA S.A. Business Consultants

EEO GROUP S.A.

MUEVO (Museum Evolution) P.C.

NOISIS Development Consultants S.A.

Panhellenic Association of Exporters

Work highlights

  • Advised the Special Secretariat of the Ministry of Finance on the  legal fine-tuning of the ‘Integrated Administration and Control System’, which sets the legal framework for the disbursement of €30.5bn deriving from the EU Recovery and Resilience Facility to the national economy.
  • Advised Central Purchasing Body for Health Supplies on the completion of the urgent supply of sanitary equipment to the hospitals of the Greek NHS.
  • Successfully represented Muevo in the special award procedure, with an estimated value of €1.7m, regarding the supply and installation of display cases and exhibition equipment at one of the most prominent archaeological museums of Greece.

Politis & Partners

Politis & Partners has extensive experience of representing a range of clients, such as developers, investors, lenders and financial advisers. Its work covers the development, financing, construction and operation of capital intensive projects in Greece. It is acting for Eurobank on a €235m restructuring of bond loans and securities provided by Andromeda Group. The recent arrivals of Yannis Paraskevopoulos and Dimitra Rossopoulou have strengthened the team, which is led by Vangelis Politis.

Practice head(s):

Vangelis Politis

Other key lawyers:

Nikos Anastopoulos; Yannis Paraskevopoulos; Dimitra Rossopoulou

Testimonials

‘Politis & Partners is a firm well positioned to advise on project related matters. The team seems to have full fledged experience in the development of projects and is open to business oriented solutions.’

‘Vangelis Politis is an efficient and knowledgeable lawyer, with rich practical experience in the projects field. His experience includes project financing, leasing and other financing structures.’

Key clients

Hellenic Republic

Eurobank S.A.

SPI Energy Co. Ltd (SPI)

V+O Communication & Consulting S.A.

Paperpack S.A.

CPI

Work highlights

  • Advised the Hellenic Republic on certain contractual and regulatory aspects of the privatization project of Hellenic Petroleum SA.

Zepos & Yannopoulos

Zepos & Yannopoulos is significantly active in privatisations and infrastructure projects in Greece. It handles a range of issues for clients, including design, development, construction and regulatory issues. Notable highlights included acting for Hellenic Petroleum on the development of a 204 MW photovoltaic park in Kozani. Anastasia Makri and Stefanos Charaktiniotis co-head the practice, combining their expertise in infrastructure and project finance.

Practice head(s):

Anastasia Makri; Stefanos Charaktiniotis

Other key lawyers:

Sofia Chatzigiannidou; Nasia Gkouma; Smaragda Spyrou; Danai Falconaki

Testimonials

‘Z&Y have an exceptional reputation in Greece, which is an enormous asset for an international company trying to enter the Greek market. They cover all the different fields of law and have cultural experience when dealing with non-Greek companies. Communication via video-conferencing was easy.’

‘The individuals we worked with were extremely knowledgeable – not only from the theoretical legal aspect but also from the practical side. You can trust their judgment because their sense of the “outcome” is very realistic.’

‘I have appreciated their thorough investigation, deep knowledge of both Greek and international law, especially in the field of project design contractual issues and the overall top-level organization of their practice.’

‘Anastasia is a dedicated professional, very thorough in her investigation, always explaining options, possible consequences and proposed solutions in detail and very clearly, making it easy to comprehend complex legal issues.’

‘Zepos & Yannopoulos team are very business oriented and exceed expectations as they go further than what they are asked without charging more fees.’

‘Zepos & Yannopoulos is a very well respected firm in Greece, and from my collaboration with them, I can confirm that this is for a very good reason. They are trustworthy and dependable, able to undertake tasks that require not only legal knowledge but also interaction with our customers, coordination and project management.’

‘They are very responsive, even at the shortest notice. They are accountable, undertaking tasks in autonomy and delivering results.’

Key clients

Alstom Holdings

Edp Renewables

Hellenic Petroleum

Indra Systemas Hellas

Mohegan Gaming & Entertainment

Mytilineos

Nokia

Stavros Niarchos Foundation

Susi Partners AG

Suez International

Work highlights

  • Advised Alstom on the €1.5bn project of construction of the first section of Athens Metro Line 4, one of the biggest turnkey projects in Europe.
  • Advised Mytilinaios on the international competitive tender for the privatization of the state-controlled gas utility DEPA’s wholesale and retail business supplier, DEPA Commercial S.A, through acquisition of a majority stake.
  • Advised Hellenic Petroleum on the development of the 204MW photovoltaic park located in Kozani, Northern Greece, one of the largest photovoltaic parks in Europe.