Zepos & Yannopoulos advises GREEN for the conclusion of virtual PPAs and market representation agreements for 9 solar projects

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Anastasia Makri

Anastasia Makri

Partner

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Smaragda Spyrou

Smaragda Spyrou

Senior Associate

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Apostolos Skoutas

Apostolos Skoutas

Associate

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Further to the recent conclusion of a virtual PPA involving 7 solar projects between GREEN, the energy branch of V-Group (Vasileiadis group of companies) and HERON ENERGY S.A., a leading energy supplier belonging to GEK TERNA group, Zepos & Yannopoulos continued advising GREEN in connection with two additional PPAs with HERON for 2 solar projects. Overall the PPA transactions will enable the sale of energy generated from the 9 solar projects in all individual markets of the wholesale electricity market for a period of 12 years. For the participation of these PV projects in the Energy Exchange market, we also supported GREEN in the negotiations of the relevant market representation agreements signed with Optimus Energy, a rapidly developing energy aggregator of the GEK TERNA group. Throughout the transaction, our team has provided full-scope support to GREEN in the negotiations as well as targeted expert advice on the regulatory framework, while ensuring the alignment of the representation agreements with the PPA terms.

The Zepos & Yannopoulos team was led by Anastasia Makri, partner, head of Energy, and Smaragda Spyrou, senior associate, assisted by Apostolos Skoutas, associate.