WFW advises FRV on sale of 500 MW battery storage portfolio in Greece6 February 2026
One of the projects, Taxiarches, was one of the first BESS projects awarded priority grid connection through the Greek BESS Auctions.
One of the projects, Taxiarches, was one of the first BESS projects awarded priority grid connection through the Greek BESS Auctions.
As of 2024, Greece’s data centre market was estimated to be worth approximately US$812m, with forecasts suggesting it could grow to around US$2.070bn by 2030, reflecting a robust CAGR of nearly 17%.
The article aims to present the legal framework and provide insights useful to potential investors on Data Centre projects in Greece.
The €200m cash injection will come from a consortium comprised of AIP Management and IDIA
Jasper is one of Greece’s largest independent power producers from renewable sources.
WFW has been advising the sellers for several years on project development, land rights acquisition and corporate matters.
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.
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