Zepos & Yannopoulos acted for Molgas, a Spanish multinational enterprise owned by funds managed by Private Equity fund, InfraVia Capital Partners, in its strategic investment in Blue Grid. Molgas is the leading downstream supplier of LNG in Europe, while Blue Grid is a key player in the development of the alternative fuels market in South-Eastern Europe. Following Molgas’ investment, Blue Grid will focus on accelerating growth in LNG and bioLNG supply in the broader region of South-Eastern Europe and the Eastern Mediterranean. The completion of the deal comes at an opportune time, in view of the commissioning of the Revithoussa truck-loading terminal and the construction of a small-scale LNG reloading jetty on the island of Revithoussa, which are aligned with Blue Grid’s plans to launch an LNG bunkering operation in Piraeus.
Our firm assisted Molgas on all key parameters of the transaction, including the drafting and negotiation of the transactional documentation and the performance of all required actions for the completion of the investment.