Europe - Greece

Bernitsas Law

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‘Client focused and swift to reply’, the energy team at Bernitsas Law has extensive experience in the project development and storage aspects of renewable energy initiatives, with a particular specialism in photovoltaic power. The practice is routinely involved in major M&A transactions in the conventional energy sector, ranging from oil and gas to electric and water, often representing the government and institutional investors. The Athens-based group is headed by the ’outstanding’ Yannis Seiradakis, who specialises in complex privatisations and projects in the renewable space, while Panayotis Bernitsas handles all elements of transactional and litigation work. Eleni Stazilova regularly advises on project finance and public procurement.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team is very professional with strong business acumen.’

  • ‘Yannis Seiradakis is highly responsive and really promotes our business interests.’

  • ‘One of the most respected Law firms in Greece, Integrity and professionalism. Personal touch - always feel the company has your "back".’

  • ‘Panagiotis Bernitsas and Yannis Seiradakis stand out for their professionalism and responsiveness.’

  • ‘They work super as a team.’

  • ‘Seiradakis and Belessis are really experienced and valuable.’

  • ‘The team is very professional, experienced and very well informed in the relevant fields and are always available.’

  • ‘Yannis Seiradakis is a top-tier professional, highly knowledgeable and experienced with strong knowledge of the local market. ’

Key clients

  • CVC Capital Partners
  • Econergy Renewable Energy (Econenergy)
  • ERKA Energy
  • Gastrade SA
  • Hellenic Association of Photovoltaic Companies
  • Helleniq Energy SA
  • Helleniq Renewables SA
  • ICGB AD
  • Masdar
  • Motor Oil
  • Motor Oil Renewable Energy
  • National Bank of Greece SA
  • National Energy
  • PPC (Public Power Corporation)
  • Pyletech
  • RWE Supply & Trading
  • S'ENERGY Renewable Energy
  • Solarmacht
  • Taaleri Energia
  • Vinci Energies
  • YHS STRYMON SA

Work highlights

  • Advised Motor Oil on the acquisition of 100% of Thalis ES and on the acquisition of Elin Verd, a biofuels company.
  • Advising a solar and storage project developer in relation to the development and sale to a third-party investor of a solar portfolio with a capacity of 150MW and storage portfolio with a capacity up to 400MW.
  • Acting as sole Greek legal advisor to Gastrade in the structuring and documentation of the c.€280m financing and project development of the Alexandroupolis INGS.

Lawyers

Rising stars

Eleni Stazilova

Eleni Stazilova

Bernitsas Law

Counsel Eleni is a counsel at the Firm which she joined in 2017. She advises on project finance and energy related transactions, public procurement and public private partnerships. Eleni has experience in drafting and negotiating commercial and finance agreements and participating in due diligence reviews. She also advises on the legal and regulatory framework governing tender procedures, acquisition and development projects in the conventional and renewable energy sectors, and on licensing and permit requirements for all types of energy project. Eleni represents clients in filing tender bids and legal recourses, petitions and applications arising from their participation in tenders and other public procurement procedures. Prior to joining the Firm, Eleni worked as corporate counsel in the architectural and construction sectors in Greece and abroad.

Leading individuals

Yannis Seiradakis

Yannis Seiradakis

Bernitsas Law

Partner Yannis has a wide-ranging transactional practice which encompasses significant experience in acting in complex privatisations, public and private projects and mergers and acquisitions. He has a particular expertise in the energy, infrastructure, utilities and transport sectors. Yannis' vast experience in privatisations reaches back to his time as Special Secretary for Privatisations at the Ministry of Finance, in which capacity he managed the sale of numerous State owned companies, notably public utilities. Since joining the Firm in 2004, he has been involved in high profile privatisations of grid operators, motorways, ports, airports and railways. Yannis is an expert in energy law, advising on the structuring, development, financing and implementation of transactions and projects in the conventional and renewable energy sectors. He advises extensively on legislative risk and compliance and counts leading energy companies, international investors, financiers and Government bodies among his clients. Yannis advises both privately and State owned entities and consortiums on project financings and public private partnerships, with a specialisation in documenting and negotiating concession contracts. He also advises on the regulatory framework for the assignment of public contracts by way of tenders and for developing projects and public private partnerships. Yannis advises public and private companies, investors and financial advisors in mergers, acquisitions, restructurings and divestments of primarily distressed assets. Much of his work in this area is cross-border and takes place in highly regulated sectors.

Practice head

The lawyer(s) leading their teams.

Yannis Seiradakis

Other key lawyers

Panayotis Bernitsas, Eleni Stazilova