Zepos & Yannopoulos advised MOTOR OIL RENEWABLE ENERGY SINGLE MEMBER S.A. (MORE) (a subsidiary of the listed entity MOTOR OIL (HELLAS) CORINTH REFINERIES S.A.) and ANEMOS RES HOLDINGS SA (ANEMOS HOLDINGS) (a subsidiary of MORE by 75%, in which ELLAKTOR SA (also listed) participates with 25%) in connection with the senior financing for the acquisition by ANEMOS HOLDINGS of all the shares of the company ANEMOS RES SA. The latter, as a result of a spin-off of activities, owns the aggregate portfolio of the previous ELLAKTOR’s RES segment with overall operating capacity 493 MW as well as a development and storage project pipeline with capacity exceeding 1.6 GW. Amid a tight timeframe to close the deal in Q4 2022, we worked closely with MORE’s in-house legal and finance teams in all financing aspects of the transaction from the structuring phase of the senior financing up to the successful closing.
Our team was led by Paris Tzoumas, partner, assisted by Efthymis Naoumis, senior associate, and Dimitra Androulakaki, associate.
