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KG Law and Bernitsas Advise on Greek Waste Treatment PPP

KG Law and Bernitsas Advise on Greek Waste Treatment PPP

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Kyriakides Georgopoulos has advised the National Bank of Greece on a Public Private Partnership project for the development, design, financing, construction, and operation of a solid waste treatment plant at Serres, in Northern Greece, awarded to the consortium of Archirodon Group NV, Intrakat Constructions S.A., and Envitec S.A. The consortium was advised by Bernitsas.

The plant will treat 63.000 tonnes of solid waste per year and the value of the project is approximately EUR 37 million, co-financed by the National Strategic Reference Framework (ESPA), third party debt financing, and private equity.

The KG team was led by Partners Elisabeth Eleftheriades and Ioanna Antonopoulou with the support of Kimon Tsakiris, Antonia Nedelkopoulou, Angeliki Chalikia, and Maria-Thomais Epeoglou.

The Bernitsas team was led by Partner Yannis Kourniotis and included Partner Athanasia Tsene and Associates Dionysis Flambouras and Yannis Potamias.