Energy

Our firm advises energy companies, project developers, and international investors on the full spectrum of legal and regulatory matters in the Greek and European energy markets. We possess extensive expertise in the applicable legislative framework, including Greek Law 4001/2011 on energy markets, Law 4414/2016 on renewable energy sources, and core EU instruments such as the Renewable Energy Directive and the Electricity Market Directive. Our work focuses on project structuring, licensing, environmental compliance, and regulatory approvals, including engagement with the Regulatory Authority for Energy, Waste and Water (RAAEY). We have been involved in complex and high-value projects, including offshore wind developments, grid interconnections, and energy storage systems, providing commercially focused advice that aligns regulatory compliance with investment objectives. Our strong familiarity with administrative processes and market dynamics enables us to deliver practical, forward-looking solutions in an evolving energy landscape.

We provide comprehensive legal support across the energy value chain, from early-stage project development to financing, operation, and exit. Our services include advising on licensing procedures, structuring and negotiating project finance arrangements, and ensuring compliance with environmental and spatial planning requirements. We regularly support renewable energy projects across wind, solar, and hydroelectric sectors, addressing key issues such as grid access, connection agreements, and regulatory approvals. Our team also advises on the liberalization of the Greek energy market under the Target Model, including compliance with unbundling requirements, participation in electricity trading mechanisms, and alignment with EU regulatory regimes such as REMIT and EMIR. In addition, we provide legal guidance on oil and gas exploration, LNG infrastructure investments, and the regulatory framework governing energy transportation and maritime operations, ensuring that clients are well-positioned in both traditional and transitioning energy markets.

Greece’s energy sector is undergoing a significant transformation, driven by decarbonization targets, the European Green Deal, and the implementation of the National Energy and Climate Plan (NECP). Recent legislative reforms have streamlined permitting procedures for renewable energy projects, contributing to a more efficient and investor-friendly environment. The country is rapidly expanding its renewable energy capacity, with particular emphasis on offshore wind, large-scale solar installations, and energy storage systems. At the same time, Greece is strengthening its role as a regional energy hub in the Eastern Mediterranean, with ongoing developments in gas infrastructure, LNG terminals, and cross-border interconnection projects. Despite these opportunities, the regulatory environment remains complex, requiring careful navigation of environmental impact assessments, energy efficiency obligations, and spatial planning requirements under both EU and national law.

Greece offers substantial opportunities for investment across both renewable and conventional energy sectors, supported by EU funding mechanisms and national incentive schemes. Key areas of growth include offshore wind projects, utility-scale photovoltaic developments, and energy storage solutions aimed at enhancing grid stability. Emerging sectors such as hydrogen and carbon capture technologies are also gaining traction, reflecting the broader shift toward sustainable and low-carbon energy systems. In parallel, the ongoing privatization of energy infrastructure and assets presents attractive entry points for strategic investors. Greece’s geographic position further enhances its importance as a regional energy gateway, creating opportunities in LNG imports, natural gas transit, and electricity interconnections with neighboring markets. These developments collectively position Greece as a dynamic and increasingly competitive destination for energy investment, aligned with long-term sustainability and energy transition objectives.