We have advised Attica Bank S.A. on the successful completion of the Domus and Rhodium securitizations, two landmark transactions with a total gross book value of approximately €3.7 billion.

These transactions mark a decisive step in Attica Bank’s strategic transformation, securing the State Guarantee on the Senior notes under HAPS III and allowing the Bank to achieve a historic reduction in its NPE ratio to 2.8%. By retaining 100% of the Senior notes (€1.2 billion in total) and optimizing its capital position, Attica Bank is now well-positioned to focus on financing the Greek economy and delivering long-term sustainable growth.

Our firm provided comprehensive legal advisory services, navigating the legal complexities of these transactions to ensure a smooth and efficient completion. We are honored to have contributed to a transaction of such significance, reinforcing our role as a trusted legal partner in high-profile banking and finance deals.

We would also like to extend our congratulations to all advisors involved in these milestone transactions, including Milbank LLP (English law counsel to Attica Bank for Domus), Hogan Lovells LLP (English law counsel to Attica Bank for Rhodium), Allen & Overy Shearman (English law counsel to Davidson Kempner), and Zepos & Yannopoulos (Greek law counsel to Davidson Kempner).

The project was led by Alexandros Metallinos (Partner), with key support from Associate Eleni-Amalia Giannakopoulou alongside Associate Marios Mavros and Trainee Artemis Krasagakis.

Οur firm has acted as legal advisor to the Sani/Ikos Group, a leading owner/operator of luxury resorts in unique beachfront locations in the Mediterranean in relation to a financing of an aggregate amount of €230m. subscribed by a syndicate of Greek banks. Our team was led by our managing partner George Bersis, supported by Associates Nikos Stefas, Aikaterini Pappa and Kassiani Flaouna

We are proud to announce that we have successfully completed the Data Protection Impact Assessment (DPIA) for the sports ticketing platform https://tickets.gov.gr/ on behalf of the Ministry of Digital Governance. This was a significant and complex undertaking due to the large-scale data processing involved, which required a comprehensive assessment of the relevant activities and all applicable legal and technical parameters to ensure full compliance with the relevant laws, guidelines and regulatory decisions. This challenging project was led by our partner Spiros Tassis, assisted by senior associate Panagiota Kelali.

We advised ELSEWEDY ELECTRIC SAE, a global leader in the energy sector, on the development, financing and construction of a 50MW/100MWh standalone Battery Energy Storage System (BESS). The project was selected in the first RAE Standalone Battery Storage Tender and will operate under a long-term Operational Aid Agreement with Greece’s renewable energy sources operator (DAPEEP).
POTAMITISVEKRIS supported Elsewedy on negotiating the project documents, as well as the financing documents, on the first project financing for standalone battery energy storage projects in Greece, co-financed by the Recovery and Resilience Facility (RRF) and National Bank of Greece. This project represents a pivotal step in transforming Greece’s energy market.
Our Energy & Project Finance team on this transaction was led by Euripides Ioannou (Partner) and Senior Associates, Nikolaos Kampantais and Vasilis Tsintavis, supported by Associates Erato Zeliou, Katerina Gerari, and Lenia Theodoropoulou.
We are proud to have contributed to this milestone project, pioneering a sustainable energy future for Greece!

We advised the Hellenic Republic Asset Development Fund (HRADF / ΤΑΙΠΕΔ) in the acquisition of full ownership of DEPA Commercial S.A., a leading player in the domestic natural gas industry.

This landmark transaction involved the acquisition of a 35% stake in DEPA Commercial S.A. previously held by HELLENIC ENERGY Holdings. The acquisition enhances the medium-term value of the Greek State’s ownership interest, while ensuring that all decisions remain entirely within the control of the Greek State, ultimately facilitating its future privatization.

The transaction was led by Maria Perifanou (Partner) with the assistance of Eliza Kolliopoulou (Associate)

We are proud to announce that POTAMITISVEKRIS acted as the Greek legal advisor in the largest open-market real estate portfolio transaction in Greece.

Our team advised DIMAND S.A. and Premia Properties on the acquisition of a 65% stake in Skyline Real Estate Single Member S.A. from Alpha Group Investments Limited, a member of the Alpha Bank Group. We also provided counsel on the incorporation, structuring of the shareholders’ relationship and investment implementation within the acquisition vehicle, which includes the participation of the European Bank for Reconstruction and Development (EBRD).

Skyline is a real estate investment platform encompassing c. 460 commercial and residential properties, with a total acquisition value of c. EUR 300 million. The joint venture plans to redevelop, reposition, and divest these assets, marking this transaction as one of the most transformative and impactful transactions in Greek real estate in recent years.

As part of the transaction, Alpha Bank financed Skyline through a bond loan facility and will remain a lessee of part of the real estate portfolio. Concurrently, Alpha Real Estate Services S.A., Alpha Bank’s listed real estate management company, entered into an asset management services agreement with Skyline.

This landmark transaction was made possible through the collaboration of our multidisciplinary team:

• Real Estate Team: Led by Theologos Mintzas (Partner) and supported by Valia Anastasopoulou (Associate).
• Finance Team: Led by Anthea Terlegas (Partner) and supported by Theodoros Fostieris, Alexandros Vaisidis and Katerina Gerari.
• M&A Team: Led by Maria Perifanou (Partner) and supported by Spyros Roussakis (Senior Associate), Eliza Koliopoulou (Associate), and Vicky Kotsili (Associate).

We congratulate our clients and all parties involved in this landmark project!

We advised NATIONAL BANK OF GREECE (NBG) on a €145 million project financing for the construction of 180 MW photovoltaic projects, sponsored by Metlen Energy & Metals. The project will be co-financed by the Recovery and Resilience Facility (RRF) scheme and the electricity generated from the project will be purchased under a corporate power purchase agreement (PPA). The transaction was led by Euripides Ioannou, Partner, and Nikolaos Kampantais, Senior Associate, who were supported by Associates Erato Zeliou, Giannis Malikoutis and Lenia Theodoropoulou.

Alexander Metallinos (Partner), assisted by Regina Keramida (Associate), has advised ION S.A. on the acquisition of Lavdas S.A. and its sister company, Olympic Hermes S.A. Our team provided comprehensive legal support to ION S.A. throughout the transaction, including the legal due diligence process, the preparation and negotiation of transaction documents, and the successful execution of the closing process.

Lavdas S.A., a company with 71 years of history and a strong presence in markets across Europe, the United States, Asia, and the Arab states, will continue to operate as an independent entity. The acquisition is expected to create meaningful synergies by combining the strengths of both organizations.

The acquisition aligns with ION’s strategic vision to strengthen its presence in the confectionery section, where the company has a proud legacy dating back to 1938. The integration of Lavdas S.A. into ION’s portfolio promises significant growth opportunities, enabling the company to meet rising global demand while maintaining its commitment to quality and tradition.