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Papapolitis & Papapolitis has advised Intracom Holdings on the sale of its 27.6% shareholding in KLM SA for EUR 11.1 million to investors who will also participate in the share capital increase of Intracom Properties, a subsidiary of Intracom Holdings.

Dentons and Greek-based MSTR Law have advised the Greencells Group on obtaining EUR 65 million in development financing for its solar plant portfolio across seven jurisdictions. Bernitsas and, reportedly, Hogan Lovells advised Kommunalkredit – the structuring bank and sole lender.

The renewable energy sector has seen significant growth and transformation over recent years, and Greece is no exception. With almost 45% of its total energy production coming from Renewable Energy Sources (RES) like solar and wind power, Greece is experiencing a shift towards more sustainable energy solutions.