Sirec Energy’s Greek Green-Energy Fund Formation

In UK Reed Smith, advised on the matter.

Reed Smith advised Sirec Energy with a team including Panos Katsambas (Picture – Finance), Shervin Shameli (Finance).

Sirec Energy, an investment company in energy efficiency, circular economy and energy production from renewable sources, completed the formation of a Greek Green-Energy Fund with a first closing of €50m and targeting total commitments of €70m.

The European Sustainable Investments Fund has secured commitments from the Hellenic Development Bank of Investments, and other institutional and private investors, and is dedicated to sustainable infrastructure investments in Greece.

The Reed Smith cross-office team advising on the deal was led in London by global co-lead of Reed Smith’s Financial Industry Group, Panos Katsambas (Picture), and supported by corporate partner Shervin Shameli, and associate in Athens, George Fountas.

Involved fees earner: George Fountas – Reed Smith; Panos Katsambas – Reed Smith; Shervin Shameli – Reed Smith;

Law Firms: Reed Smith;

Clients: Sirec Energy;

Author: Giulia Di Palma