The KLC Law Firm has advised National Energy on its acquisition of a 70 megawatt portfolio of wind and solar parks in Greece from the IBG Hellenic Fund III and minority shareholders. The Piraeus Bank provided financing for the acquisition. Seissoglou & Nicolaidis advised the sellers and the Lambadarios Law Firm advised the bank.
National Energy is a London-based privately funded investor in the renewable energy sector. The company currently owns a 275 megawatt portfolio in Greece.
The IBG Hellenic Fund III is managed by Hellenic Capital Partners, an independent venture capital and private equity management firm. HCP currently has more than EUR 110 million in assets under management.
KLC’s team included Managing Partner Panagiotis Tzioumas and Partners Alexandros Tsirigos and Ioanna Lazaridou.
The Seissoglou & Nicolaidis team consisted of Partner Manos Seissoglou, Senior Associate Eleni Fragiadaki, and Junior Associate Eirini Zervidi.
Lambadarios's team included Partners Yannis Kourniotis and Prokopis Dimitriadis, among others.