Agios Georgios Wind Farm’s €117 Million Non-Recourse Refinancing


Norton Rose Fulbright has advised Alpha Bank, Eurobank Ergasias and National Bank of Greece on the approximately €117 million non-recourse refinancing of Agios Georgios wind farm.

Agios Georgios wind farm is a 73.2 MW wind farm operated by a subsidiary of Terna Energy, on the uninhabited islet of Agios Georgios offshore Attica in the Athens metropolitan area.

This remains a flagship project for the Greek renewable sector as the largest wind farm to date in the country and the only one connected through a dedicated subsea high voltage cable system, approximately 36 km in length, to the mainland grid.

The Norton Rose Fulbright team also included of counsel Dimitris Rampos (Picture), senior associates Minas Kitsilis and George Palogos and associates Sylvia Betrosian and Christina Korinthios. The team also included lawyers from the firm’s London office led by London-based partner Daniel Franks.

Involved fees earner: Dimitris Assimakis – Norton Rose Fulbright; Sylvia Betrosian – Norton Rose Fulbright; Daniel Franks – Norton Rose Fulbright; Minas Kitsilis – Norton Rose Fulbright; Christina Korinthios – Norton Rose Fulbright; George Palogos – Norton Rose Fulbright;

Law Firms: Norton Rose Fulbright;

Clients: Alpha Bank; Eurobank Ergasias S.A.; National Bank of Greece (NBG);

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