Selih & Patrnersji Advised on Grant of a Research Geothermal Concession to SOYAK ENERJİ
October 2025
Our member firm Selih & partnerji has announced that the Government of the Republic of Slovenia has granted a research geothermal concession in the Municipality of Lendava to a company from the SOYAK ENERJİ group.
This is the first concession of this type in Slovenia and is granted by the state on the basis of the Act on the Siting of Facilities for the Production of Electricity from Renewable Energy Sources (ZUNPEOVE). A concession under ZUNPEOVE can be granted through a procedure and under conditions tailored to the specific requirements of projects for the exploitation…
Grid-Forming Technologies and their Emerging Role in Greece’s Energy Transition
September 2025
Gus J. Papamichalopoulos, Senior Partner, and Antonis N. Koumpias, Senior Associate
Kyriakides Georgopoulos Law Firm
1. The Grid Bottleneck
Greece is at a pivotal moment in its energy transition. The country has made remarkable progress in deploying renewable energy sources (RES) in recent years; however, grid infrastructure development and battery energy storage system (BESS) adoption have lagged behind. This mismatch stems from delays in approving new grid projects and in establishing a regulatory framework for BESS licensing.
Since August 2022, regulations have become increasingly…
CBAM Under the Spotlight: The EU’s Carbon Border Adjustment Mechanism
September 2025
Gus J. Papamichalopoulos, Senior Partner, and Iakovos Koulouris, Senior Associate
Kyriakides Georgopoulos Law Firm
I. Introduction
The Carbon Border Adjustment Mechanism (CBAM) has been established by virtue of the Regulation (EU) 2023/956 of the European Parliament and of the Council (hereinafter the "CBAM Regulation") with the primary objective of preventing carbon leakage by addressing greenhouse gas emissions embedded into certain carbon-intensive commodities imported into the customs territory of the European Union (EU) from non-EU countries. The sectors currently falling…
KG Law Firm Advised Sirec Energy S.A. on EUR 600 Million Strategic Project
May 2025
Our member firm Kyriakides Georgopoulos Law Firm advised a private equity firm Sirec Energy S.A., a manager of the European Sustainable Investment Fund - EuSIF, in the joint participation in Larissa Thermoelectric S.A., along with Clavenia Ltd., the Greek gas supplier DEPA Commercial S.A., and energy and telecommunications provider Volton Ελληνική Ενεργειακή, in a landmark EUR 600 million energy project for the construction and development of a natural gas power plant using a combined cycle gas turbine (CCGT) with a net capacity of 792 MW in the Larissa Industrial Area.
KG…
Grid Connection Priority – Deciphering "Absolute Priority" in BESS Integration
March 2025
The Energy, Utilities & Infrastructure practice team of our member firm Kyriakides Georgopoulos Law Firm has recently published "Grid Connection Priority – Deciphering 'Absolute Priority' in BESS Integration".
You may access the publication here.
BOYANOV & Co. advised NewMed Energy Balkan on the Acquisition of Interest in a Black Sea Gas Exploration License from OMV Offshore Bulgaria
March 2025
Our member firm BOYANOV & Co. advised NewMed Energy Balkan, a subsidiary of the Israeli company NewMed Energy, on the acquisition from OMV Offshore Bulgaria, a subsidiary of OMV Petrom, of a 50% interest in the oil and gas exploration permit for the 1-21 Khan Asparuh Block, located in the exclusive economic zone of Bulgaria in the deep Black Sea.
The transaction was completed on 12 March 2025 by the Ministry of Energy of Bulgaria singing the relevant agreement with the two parties after approval of the Bulgarian Council of Ministers.
NewMed Energy is Israel’s leading energy…
A&O Shearman and DTB Advised Partners Group in the Sale of VSB Group to TotalEnergies
December 2024
Our member firm, Divjak Topic Bahtijarevic & Krka, and A&O Shearman have advised Partners Group, one of the largest firms in the global private markets industry, on the sale of VSB Group, a leading renewable energy platform in Europe, to French energy company TotalEnergies. The transaction gives VSB an equity value of EUR 1.57 billion.
DTB team was led by Damir Topic, Senior Partner, and Dina Salapic, Senior Attorney, and included Marina Kovac Krka, Partner, Senior Attorneys Andrej Zmikic and Jasna Belcic, Attorneys Sanja Novoselic, Barbara Simic and Jure Marovic, Andrija…
KDK Law Firm Advised Vitol and Its Turkish Subsidiary Petrol Ofisi
November 2024
Our member firm, Kolcuoglu Demirkan Kocakli, advised one of the world’s largest energy companies, Vitol, and its Turkish subsidiary Petrol Ofisi on the acquisition of bp’s Turkish downstream fuel operations.
KALO & ASSOCIATES Advised on a EUR 110 Million Syndicated Loan
October 2024
Our member KALO & ASSOCIATES has advised on a EUR 100 million syndicated loan, led by Raiffeisen Bank Albania, the proceeds of which will be used to strengthen Albania's renewable energy infrastructure through the construction of three new hydropower plants by Ayen As Energji Sha. The loan represents the largest syndicated loan financed by local banks operating in Albania.
KALO & ASSOCIATES's team was led by Aigest Milo, Co-Managing Partner, and also included Partners Olsi Coku and Oltjon Dano, Armando Toslluku, Special Counsel, and Frensis Nakuci, Senior Associate.
Another…
DTB Represented Akuo Energy in the Sale of Elektrana Grubisno Polje
October 2024
Our Croatian member firm, Divjak Topic Bahtijarevic & Krka, represented Akuo Energy in the successful sale of Elektrana Grubisno Polje. This 5 MWe biomass CHP plant and the adjacent Sirocco drying facility in Croatia have been acquired by Ancala, a leading UK-based infrastructure manager. To date, DTB has supported Akuo Energy with various renewables projects.
Mario Krka, Senior Partner, led DTB's experienced team of seasoned lawyers – Ana-Maria Sunko Peric, Attorney (transactional and M&A support), Marina Kovac Krka, Partner (energy), Andrej Zmikic, Senior Attorney (employment),…
KG Law Firm's Contributed to the 2024 Chambers & Partners Renewable Energy Guide for Greece
October 2024
Our Greek member firm, Kyriakides Georgopoulos Law Firm, contributed to the 2024 Chambers & Partners Renewable Energy Guide for Greece, covering both the Law and Practice and Trends and Developments sections. In this publication, Gus J. Papamichalopoulos, Senior Partner, Senior Associates Antonis N. Koumpias and Iakovos Koulouris, and Melina Kolovetsiou, Associate, provide an in-depth analysis of the legal framework and key developments in Greece’s renewable energy sector.
Learn more about the regulatory and market trends shaping the renewable energy landscape in Greece…
Battery Energy Storage Systems in the Greek Electricity Market
October 2024
Gus Papamichalopoulos, Senior Partner, Konstantinos Varelas, Senior Associate, and Iakovos Kouloris, Senior Associate
Kyriakides Georgopoulos Law Firm
In view of the increasing interest by national and international stakeholders in the developing market of the Battery Energy Storage Systems (hereinafter “BESS”) in Greece, KG Law Firm’s Energy practice breaks down the major elements related to the compensation of BESS projects.
Q: Is the BESS market developed in Greece?
A: In view of the state of the Greek energy landscape (grid congestion, high penetration of PVs), during…
