Norton Rose Fulbright advises on the largest refinancing in the Greek renewable energy market

Global Press release - Business January 2019

Global law firm Norton Rose Fulbright has advised Eurobank Ergasias and Alpha Bank on the €202 million non-recourse refinancing of a renewable energy projects portfolio operated by three subsidiaries of Total Eren, in Greece. The portfolio consists of five wind parks and seven solar photovoltaic parks with a total installed capacity of 162.4 MW. This is the largest refinancing in the Greek renewable energy market.

The multi-jurisdictional Norton Rose Fulbright team was led by Athens-based partner and head of the Greek energy practice, Dimitris Assimakis, with assistance from of counsel Dimitris Rampos, senior associates Minas Kitsilis and George Palogos and associates Christina Korinthios, George Asimakopoulos and Sylvia Betrosian.  The team also included lawyers from the firm’s Luxembourg, Paris and London offices including Luxembourg-based partner Stéphane Braun and of counsel Cyril d’Herbes, Paris-based partner Anne Lapierre, of counsel Eran Chvika and London-based partner Daniel Franks. 

Dimitris Assimakis commented:

“We are delighted to have advised Eurobank Ergasias and Alpha Bank on the largest refinancing ever in the Greek renewable energy market. This transaction illustrates both banks’ strong commitment to the renewables sector, Total Eren’s market-leading position, along with the improving conditions of the banking sector and overall economy in Greece.”

For further information please contact: 

Kate Farrell, Public Relations Executive
Tel: +44 (0) 20 7444 3724; Mob: +44 (0) 7515 324 290 
Kate.Farrell@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright 

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.
Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.
 
Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.
 
Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see http://www.nortonrosefulbright.com/legal-notices-and-disclaimers/

Law around the world 
nortonrosefulbright.com