RF Energy SA’s €55 Million Sale Of Renewable Energy Sources Portfolio

Watson Farley & Williams advised RF Energy SA on the sale of five wind parks and two hydroelectric power plants with a 63.6MW aggregate capacity.

Specifically, RF Energy concluded agreements with subsidiaries of Egypt’s Elsewedy Electric group to sell four of its Greek subsidiaries: Kallisti Energy, Aioliki Aderes, Aioliki Kilindrias and Hydroelectric Achaias. The total purchase price was €55m, and RF Energy will retain the management and operation of all the power plants after the sale.

The WFW Athens Project & Structured Finance team advising RF Energy was led by Partner Virginia Murray (Picture), supported by Associates Vasia Zaverda and Maria Delagrammatika.

Involved fees earner: Maria Delagrammatika – Watson Farley & Williams; Virginia Murray – Watson Farley & Williams; Vasia Zaverda – Watson Farley & Williams;

Law Firms: Watson Farley & Williams;

Clients: RF Energy SA;