WFW advises Attica Bank on €63M 41 MW Greek wind farm project financing19 July 2024
Jasper is one of Greece’s largest independent power producers from renewable sources.
Jasper is one of Greece’s largest independent power producers from renewable sources.
The project is expected to power almost 2% of Greece’s domestic electricity production.
Greece has set ambitious EV targets for 2030 in correlation with enabling legislation and a generous subsidy regime to encourage the rollout of electric vehicles and charging structures.
These awards confirm our position as one of the leading advisors to major Greek corporates.
Howden Hellas is the largest insurance and reinsurance broker in Greece and Cyprus.
Triton Marine is a leading marine insurance brokerage.
The loan will be mandatorily converted into newly issued shares of Noval Property.
WFW has been advising the sellers for several years on project development, land rights acquisition and corporate matters.
The project and financing agreements were signed on 21 April 2023.
The deal marks NPIII ESG’s first transaction in Greece and its first in the battery storage sector.
The construction of the wind farm will start at the end of 2022 and is planned to be completed in the first trimester of 2024.
Stamatis specialises in the areas of project finance, energy and banking and finance and has extensive experience advising both lenders and borrowers.