KG Law Firm Acted as Local Legal Counsel to Heygaz Biomethane S.L., Advising on Greek Law Aspects of the Corporate Financing of Its European Biomethan...
February 2026
Our member firm Kyriakides Georgopoulos Law Firm advised Heygaz Biomethane, S.L. on Greek law aspects of a corporate financing supporting its European biomethane portfolio across Spain, Portugal, Ireland, Norway and Greece.
The KG Law Firm team facilitated the structuring and review of the financing and security documents from a Greek law perspective, and coordinated with lenders’ Greek advisors and international legal counsels throughout the implementation of the transaction.
The team was led by Christina Chini, Partner, and Anna-Maria Papamichalopoulou, Associate, who advised…
Boyanov & Co. Advises UniCredit Bulbank and Eurobank Bulgaria on Financing of Standalone BESS Near Pleven, Bulgaria
February 2026
Our member firm BOYANOV & Co. advised UniCredit Bulbank and Eurobank Bulgaria on a syndicated financing for the construction of a 200 MWh standalone battery energy storage system (BESS) located near Pleven, Bulgaria.
BOYANOV & Co. drafted the full set of finance documents, including an LMA-based facilities agreement, security package, subordination agreements, sponsors’ undertaking agreement, etc., advised the banks in the negotiations of the finance documents, and assisted in the signing and closing of the financing.
The BESS project received financing from the NextGenerationEU…
Bulgaria and Indo-Pacific Countries Green Hydrogen Opportunities
December 2025
Petar Andonov, Business Development Director
BOYANOV & Co.
Introduction
The growing global focus on clean energy transitions has placed green hydrogen at the forefront of sustainable development strategies. As Bulgaria advances its renewable energy goals, cooperation with technologically advanced and strategically positioned Indo-Pacific countries such as Japan, Korea, Malaysia, Indonesia and Singapore in the field of green hydrogen as renewable energy source presents significant opportunities for diversification and growth.
Opportunities for Cooperation Between Bulgaria…
KG Law Firm Advised Avis Budget Greece on the Conclusion of EPC Agreement
December 2025
The Energy and Infrastructure practice of our member firm Kyriakides Georgopoulos Law Firm has achieved another significant milestone in its ongoing collaboration with Avis Budget Greece, successfully advising the client on the conclusion of an EPC agreement for the construction of a high-voltage substation [150/33kV (90-110MVA)].
The EPC agreement is entered into with one of Greece’s largest and most specialised contractors in this field and was concluded after extensive negotiations, reflecting both the materiality of the project and the demanding timeframe involved.
This substation…
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.
DTB Represented EBRD in EUR 100 Million Worth Cooperation with ZABA for the Financing of Green Projects
December 2024
Our member firm, Divjak Topic Bahtijarevic & Krka, represented the European Bank for Reconstruction and Development (EBRD) in partnership with Zagrebačka banka (ZABA), the leading bank in Croatia and member of the UniCredit Group, in which it provided ZABA with an uncapped unfunded portfolio guarantee of up to EUR 80 million under the European Union’s InvestEU Programme. ZABA thus became the EBRD’s first partner financial intermediary under the InvestEU programme. This financial instrument is designed to cover a newly generated portfolio of loans, and the total value of…
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…
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…
