Zepos & Yannopoulos acted as exclusive legal advisor of HELLENIC PETROLEUM in a 130m€ deal on a landmark project for the Greek and European renewable sector pertaining to the acquisition from JUWI Group of a cluster of SPVs owning a 204MW photovoltaic park located in Kozani, Northern Greece, and the construction and operation & maintenance of the park by JUWI Hellas. Work included detailed legal due diligence and legal advice and support for the conclusion of the share purchase agreement, and the series of EPC, O&M contracts and other ancillary agreements.
The Zepos & Yannopoulos team was led by Anastasia Makri, Head of Zeya’s energy practice supported by Sofia Chatzigiannidou partner, Danai Falconaki, Smaragda Spyrou and Georgia Tsiaoussi, senior associates, and Georgia Koui, associate. The project which is the largest in Southeastern Europe and one of the largest in Europe is currently under development. Once completed it is expected to generate more than 300MWh of power on an annual basis serving more than 75,000 households, while it is also expected to substantially contribute to HELPE’s 300MW target of installed RES capacity.