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Zepos & Yannopoulos Advises DEPA Commercial on Joint Venture with GEK Terna and Gener 2

Zepos & Yannopoulos Advises DEPA Commercial on Joint Venture with GEK Terna and Gener 2

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Zepos & Yannopoulos has advised DEPA Commercial on its joint venture with GEK Terna and Gener 2 for the development of a thermal electricity production unit in Albania.

According to Zepos & Yannopoulos, “DEPA Commercial will hold a 35% stake in Fier Thermoelectric SHA’s equity capital. The latter was founded in September 2022 by GEK Terna and Albania-based Gener 2 to construct and operate the natural gas-fired unit, with a capacity of 174 megawatts, at the Relievi Roskovec site. DEPA’s investment in this JV marks the expansion of DEPA’s activities in a new market through a strategic partnership aiming to contribute to the energy stability of the region.”

The Zepos & Yannopoulos team included Partners Stefanos Charaktiniotis, Stamatis Drakakakis, and Anastasia Makri, Senior Associates Marilisa Myrat and Smaragda Spyrou, and Associates Ellie Gavriilidou and Gina Goudoulia.

Zepos & Yannopoulos did not respond to our inquiry on the matter.

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