The firm has recently undertaken the following assignments:

Acted as legal counsel on the re-organization and administration of the Greek Energy Regulator (RAE) and drafted the Presidential Decree which will replace Presidential Decree 139/2001. The new decree deals de novo with RAE’s rules on organisational processes, decision-making, structures and account management, on public procurement procedures, and on dispute resolution mechanisms.
Advised the governments of FYR Macedonia and of Moldova on legal approximation with article 86 (2) of the EC Treaty and with the Financial Transparency Directive. Work involved the redrafting of both primary and secondary legislation for the provision of so-called activities of general economic interest, public service and public service obligations to ensure compliance with the EU acquis communautraire on competition (particularly article 86 (2) of the EC Treaty) and with the so-called Financial Transparency Directive that aims to ensure the equal treatment of public and private undertakings.
Selected to act as the legal counsel on a technical assistance project in Moldova funded by the European Commission. The project focused on electricity network interconnection and aimed to support Moldova’s progressive integration into the regional and eventually the EU energy markets. The firm indicated the initiatives that the EU needed to take in the short term to deal with Moldova’s growing energy inadequacies, with its approximation with the EU acquis and its accession to the Energy Community and the Energy Treaty.
Advised the government of FYR Macedonia on the approximation of the country’s legislation on PPP and PFI with the EU acquis communautaire and international best practice. The firm has particularly advised on the tendering process to be adopted so as to encompass PPP and PFI schemes as well as contractual schemes with private operators (mainly BOT contracts and their variants such as BO, BOOT or DBFO).
Reviewed Moldova’s National Energy Strategy and prepared an action plan for the country’s accession to the Energy Community Treaty to which Moldova has made an application to become a full member. It also prepared new draft primary laws to replace the electricity and natural gas laws.
Has been retained by a Greek renewable energy company to negotiate and draft a multi-million venture capital agreement with a mutual fund and a listed telecom company.
Has been retained as the legal advisor of the Greek subsidiary of an American energy undertaking for a multi-million private placement.
Advises a Japanese energy undertaking on its investments in the Greek rernewable energy sector.
Acted for buyer on the acquisition of a major mine in the island of Rhodes.
Carried out a legal approximation exercise in the energy sector of FYR Macedonia by drafting secondary legislation for all energy sub-sectors for the Energy Regulatory Commission (ERC) of FYR Macedonia; recommending amendments to primary legislation, particularly the national Energy Law and the Law on Concessions; drafting model licences and authorizations for all energy functions and activities; and ensuring full compliance with the acquis communautaire and the Athens Memorandum.
Drafted end-user agreements with privatized district heating providers to enhance energy efficiency in Romania.
Authored the Greece chapter for Sweet & Maxwell's loose-leaf leading publication "Energy Law & Regulation in the European Union" as well as the chapters on Oil and Electricity Regulation in the “Getting the Deal Through” series published by the International Bar Association and the Global Competition Review.
Advised an international consortium of IPPs, the MacHydro Project AD, on their investment and rehabilitation of a 210 MW hydro power station in FYR Macedonia on the basis of a R.O.T (Rehabilitate, Own and Transfer) concession agreement.

Contact person: Dr. Yiannis Kelemenis