KG Energy team advised BlueFuel S.A on the acquisition of a biogas production unit “GREENMOUNTAIN BIOCO S.L.”

KG Law Firm’s Energy Infrastructure team advised BlueFuel S.A. on the acquisition through its affiliate entity, GREENMOUNTAIN BIOCO S.L., being a member of Molgas Energy Holding, of a biogas production unit, with an installed capacity of 950 kW (for which a capacity increase of 750 kW is planned, i.e. a total of 1,70 MW), based in the Region of Central Macedonia. KG supported BlueFuel in various aspects of the deal such as performance of legal due diligence, provision of advice on deal structuring, corporate support on various legal aspects, drafting and negotiation of the transaction documents and provision of support on legal matters until the closing of the transaction. KG’s Tax team has conducted a tax due diligence and provided tax advice to all aspects of the transaction.
This acquisition marks the expansion of the group’s activities in the renewable fuels sector.
The following members of the Energy Infrastructure team were engaged to support BlueFuel: Anna-Maria Papamichalopoulou (Associate) was nominated as the focal point for the transaction, drafted and negotiated the transaction documents, Maria Agapi (Maya) Alexiadi (Junior Associate) was engaged on the due diligence exercise and assisted for the completion of the transaction and Melina Kolovetsiou (Junior Associate) was engaged on the land and regulatory related matters and developed the due diligence reports.