Work Highlights

Project Financing of a Marina Concession Project

Euripides Ioannou and team advised the lenders on the €88,5 million project financing of the development of one of the largest marinas in the Eastern Mediterranean. The project involves the use, management, operation and exploitation of the marina of Alimos located in the Athens Riviera sponsored by one of Greece’s largest infrastructure groups. The project involves a forty (40) year concession agreement with the Greek State and the Hellenic Republic Asset Development Fund with a total consideration of at least €177 million.

Acquisition of 24,65MW portfolio of operational wind farms

Euripies Ioannou and his team advised a Greek financial institution on the acquisition by a global leader in renewable energy investments of three (3) operating wind farms located in Lakonia, Peloponnese with a combined capacity of 24.65MW. Immediately following the acquisition, we advised on the refinancing of the portfolio in the context of which facilities with a combined value of €24 million were provided. This transaction marks the first investment by the purchaser in Greece, with the group having ambitious plans for further expansion in the country.

Advising on a financing scheme related to COVID 19

Stathis Potamitis and team have been retained by a state owned fiancial entity to assist them on the documentation, regulatory compliance and negotiation of a guarantee scheme intended to support new workign capital loans by commercial banks to local enterprises

Acquisition of Hyper Markets

George Bersis, Aspasia Malliou along with their teams advised leading Greek Real Estate Investment Company on the acquisition of four hyper-markets of total surface of 90.000 sqm. approximately, fully leased and operated by a big retailer, against the total purchase price of Euro 119,16 mio, in execution of a binding notarial pre-contract entered into by the sellers and the buyer in March 2019.

Financing of a listed company

George Bersis and team advised a credit insitution for the financing of a leading listed gaming company in Greece.

Acquistion of PV projects

Euripides Ioannou and team advised a leading Greek oil refining group in its acquisition of a portfolio of operating PV projects of an aggregate 47 MW capacity for a consideration of EUR 45.8 million from a leading Greek energy group.

Advising on the restructuring of a company post major fraud

Stathis Potamitis and team have been retained to advise a court appointed BoD on the restructuring of a listed entity in agreement with international noteholders; solvency problems emerged after the uncovering of a major fraud against the compamy.

Medical Devices Public Procurement Dispute

Alexandros Kortesis and team represented a leading medical devices company on dispute arising from public procurement proceedings set up by National General Hospital with a total value of €900k.

Public Procurement

Alexandros Kortesis and team advised a legal entity governed by public law on public tenders for the lease of restaurants and canteens in archaeological sites museums.