Gus J. Papamichalopoulos at the 23rd National Conference "Energy & Development 2018"

Gus J. Papamichalopoulos, Head of KG Law Firm’s Energy Infrastructure team and Deputy Chairman of IENE - Institute of Energy for South-East Europe, acted as a coordinator of the first session "Energy Markets in Transition" at the 23rd National Conference "Energy & Development 2018" on 22 November 2018. For more information, click here.

KALO & ASSOCIATES Advised EBRD

KALO & ASSOCIATES advised the European Bank for Reconstruction and Development (EBRD) on a EUR 6 million loan that EBRD is providing to Union Bank Albania under the Green Economy Financing Facility for the Western Balkans. For more information, please visit https://www.ebrd.com/news/2018/ebrd-lends-6-million-to-union-bank-to-boost-green-energy-investments-in-albania.html

BDK Advokati on Legal Framework Conductive to Investments in the Mining Industry

The 8th International Conference on Mineral Resources held on 13-14 November 2018 in Belgrade welcomed experts from the government and the private sectors to discuss topics relevant for the mining industry. Janko Nikolic, Senior Associate at BDK Advokati, participated at the panel on project financing and legal framework in the mining business. He provided an overview of relevant legal norms in Serbia, commending Serbia’s Mining Act of 2015 as a modern piece of legislation that has been recognised as favourable and conducive to further development of the industry in Serbia. Janko stressed the…

KG Supported the 3rd SE Europe Hydrocarbons Upstream Workshop

The 3rd SE Europe Hydrocarbons Upstream was the topic of the successful workshop held on 30 – 31 October 2018 by the Institute of Energy for South-East Europe (IENE). The event was attended by professionals and dignitaries from all over the world. For more information, please click here.

Second Call by RAE for RES Tenders

Kyriakides Georgopoulos Law Firm discuss the Second Call by RAE for RES Tenders in their latest Energy newsletter. Three months after the conduct of the first round of the RES Tenders, RAE, by virtue of its draft for the Second Call for Tenders, proposed the terms and conditions for three Competitive Procedures for the submission of proposals by renewable power stations. To read the energy newsletter, please click here.

Dam Safety Project

The aims of the fifth Adaptable Program Loan for the development objectives of Energy Community of South East Europe Program are to: (i) contribute to safeguarding the major hydroelectric plants of Albania (Fierza, Koman and Vau i Dejes dams on the Drin river); and (ii) improve their operational efficiency and enhance the stability of power supply for the regional electricity market. The project’s main impact will be to prevent a possible catastrophe resulting from a dam failure. Such a catastrophe can result in significant loss of life and damage to property of persons living in downstream…

Development of Solar Powered Capacities

An EBRD funded project for reviewing the existing legal and regulatory arrangements in Albania and developing secondary legislation and regulatory rules is underway. The aim of the project is to assess the technical options for the solar PV support programme (e.g. size, location, etc.), provide recommendations to the Albanian authorities in this respect and provide implementation support to authorities for the support programme.

Gas TSO regulatory support

An EBRD funded project, assisting the Albanian Gas Transmission System Operator ALBGAZ SHA, aiming to setting up a regulatory unit with the objective of implementing the gas transmission tariff regulation, operationalizing the network code and developing a gas transmission CAPEX planning procedure.

Consortium of SNAM S.p.A./Fluxys SA-NV/Enagás Internacional S.L.U

KG Law Firm continues to have the leading role in the transaction advising the consortium members on all aspects of the project vis-a-vis the sellers (i.e. Hellenic Petroleum S.A. and HRADF) as well as for the internal affairs of the members of the Consortium. The firm represented the Consortium in all negotiation and drafting sessions for the finalization of the Transaction Documents in order to reach signing and closing due to the outstanding conditions precedent. KG Law Firm’s team have completed the extensive legal due diligence on DESFA in March 2018 and provided legal opinions on several…

KG Law Firm Advises SEVEN ENERGY AG

KG Law Firm advises SEVEN ENERGY AG on all legal issues arising from the RFP of PPC S.A. dated 31 May 2018 in order to become an Eligible Participant. The Megalopoli Divestment Business and the Meliti Divestment Business will be part of the legal due diligence of KG’s team. The firm is presently working on the operational aspects of the Divestment Business with a focus on CO2 emissions and the related regulations. Special due diligence is required to address IED limits and BAT-AEL for the lignite power plants, which is a unique project in the legal industry as the only power plants fired by…

CEZ Withdraws Its Investments from Bulgaria

At the beginning of 2018, the Czech electricity distribution company CEZ EAD announced that it is selling its assets in Bulgaria to the Bulgarian company Inercom at a price of EUR 320 million. In September 2018 the deal was suspended by the Bulgarian Commission for Protection of Competition.

Licensing of a Gas Interconnector

KG Law Firm continues to support the sponsor of the infrastructure project related to the licensing of a gas interconnector between Greece and a neighbouring country, which is still pending before RAE (the Greek Regulatory Authority for Energy). The project is to be constructed as an Independent Gas Transmission System with private funds. The firm has reached the last phase of the legal steps, which had required extensive support for the approval of the application since it relates to a major Gas Interconnector between Greece and a neighbouring country and KG member continues to monitor stakeholders’…