KG advised private equity firm Sirec Energy S.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 energy project of a €600 million approx. value 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 supported Sirec Energy throughout the process leading to the conclusion of this deal, including transaction structuring, legal due diligence, as well as drafting and negotiation of the transaction documents.

The KG team was led by Theodore Rakintzis, Partner and Meletios (Alkis) Andrianos, Counsel. The due diligence team was led by Gus J. Papamichalopoulos, Senior Partner, assisted by Antonis N. Koumpias, Senior Associate and Rodopi Maniati, Associate. Anastasia Dritsa, Partner, assisted by Konstantinos Sidiropoulos, Senior Associate and Vicky Lamprinoudi, Junior Associate advised on competition law matters.

We are proud to include this landmark project in our capacity statement, recognizing its critical contribution to enhancing Greece’s energy security. Our involvement underscores the firm’s commitment to supporting strategic infrastructure developments that bolster national resilience, diversify energy sources, and align with the country’s long-term sustainability goals. Being part of such a pivotal initiative reflects our deep expertise in M&A and energy law and our role as trusted legal advisors in projects of national and regional significance.