George Fountas

George’s experience includes acting for borrowers, sponsors, and lenders on domestic and cross-border debt finance transactions, focusing on project finance, general corporate lending, and restructurings. He has considerable experience in M&A transactions, including takeover bids of listed companies, and has been involved in the formation of alternative investment funds. George also advises clients on financial regulatory issues relating to the provision of banking, capital markets, insurance, and investment services.

Experience

Representative matters

Advising a major Greek commercial bank on the financing (including RRF funding) of the development of a 156 MWp portfolio of solar photovoltaic assets in central Greece by a French asset manager.

Assisted PPC Renewables on the €294.40 million financing for the construction of a single-site 550 MWp solar photovoltaic project under development in Ptolemaida region, northwest Greece, from Eurobank and Piraeus Bank, two major Greek commercial banks, as well as with NextGenerationEU funds via the Recovery and Resilience Facility plan 'Greece 2.0'.

Acted for PPC Renewables on several issues relating to the acquisition of a 164 MW onshore wind projects portfolio from Intrakat, a major Greek construction group, as well as on the setting up of a joint venture with Intrakat for the joint development, construction and commercial operation of a 1.6 GW renewable energy & energy storage projects portfolio.

Advising a major Greek commercial bank on the financing (including RRF funding) of the development of a 156 MWp portfolio of solar photovoltaic assets in central Greece by a French asset manager.

Assisted an international renewable energy developer on the €72 million financing of a 106 MWp solar photovoltaic project under development in various locations across Greece, from a major Greek commercial bank.

Advised National Bank of Greece on the financing for the construction of an 840 MW gas-fired power plant under development in Alexandroupolis, Greece, owned by a joint venture of Public Power Corporation and DEPA Commercial.

Assisted Hive Energy, an international renewable energy company, on various issues relating to the successful sale of a 267 MW solar photovoltaic projects portfolio under development in central Greece to Juwi Group.

Advised Alpha Bank on the €32 million financing to Valorem used for the development of a 27 MW onshore wind project in northwest Greece.

Acted for a major Greek energy group on the financing for the construction of a 826 MW gas-fired power plant under development in Thessaloniki, Greece.

Supported a major Greek independent power producer on the amendment of its then existing €210 million loan-financing scheme relating to its power generation business activities.

Advised Sirec Energy on the formation of a Greek Energy Fund that has secured commitments from the Hellenic Development Bank and other investors for investing in energy efficiency, circular economy and renewable energy projects in Greece.

Acted for a major Greek bank on the successful financing and refinancing of a 181 MW onshore wind project portfolio under development in various locations across Greece.

Supported a major Greek bank in the successful financing and refinancing of a 40.6 MW onshore wind project portfolio under development on the island of Evia.

Advised a major investment bank in the acquisition of a majority participation in a Greek cosmetics company, the filing of a mandatory takeover bid, exercise of the squeeze out right and the delisting of the company.

Advised a major Greek industrial conglomerate in its redomiciliation by way of cross border merger, including its delisting from the Athens Exchange and its listing on the Brussels Exchange.

Acted for the buyers in the acquisition of the Greek investment firm and the Greek UCITS management company of an international financial conglomerate.

Acted for the buyers in the acquisition of a major Greek bank’s insurance business in Cyprus.