KLC Law Firm was established in 2000 in Athens through the merger of three law firms.
Focusses / specialisms
The firm has a particularly strong record of project finance deals and its particularly active in energy, renewables sectors and in infrastructure development projects. It also has been advising local and foreign clients in banking and finance as well as in corporate and M&A.
It has demonstrated a prolific record of work with institutional investors such as European Investment Bank, EBRD and local government investment funds such as Hellenic Republic Asset Development Fund and more.
Key clients
Among its banking clients are DBRS Morningstar, European Investment Bank, Greek Ministry of Finance’s Recovery and Resilience Fund, Hellenic Financial Stability Fund, Hellenic Bank and National Energy Holdings Limited. The list also includes SRH Marine Electronics, AXPO Group, Pieralisi Group and HRADF.
Research period review: 33rd edition (2023/2024)
The was active in in banking and finance, corporate and M&A, and project development.
The banking and finance team has an equally prolific record of transactional work and regulatory work. The transactional work of the team consists of advising lenders on acquisition financing, project financing and refinancing.
The team provided regulatory advice and support in a broad range of issues, including contingent convertible bonds and arising corporate issues, fund activity and RRF funds formation, EU financial instruments implementation, due diligence of NPLs, and NPL-backed securitization issues and banking compliance. Its clients are mostly banks, investment funds and financial institutions.
The corporate and M&A team worked on behalf of the sell side and the acquisition side on acquisitions in various industries, including shipping, traditional energy and the electricity sectors, in particular, hospitality and, most notably, the renewable energy sector.
In project development the firm advised mostly investors and also developers on concessions, asset privatization, land acquisition, and projects in the energy sector. The firm’s work includes traditional energy infrastructure and renewable energy constructions.
Deal highlights: 33rd edition (2023/2024)
Motor Oil Renewable Energy 4 wind parks and one photovoltaic park acquisition
NEHL €172 million project financing
NEHL €59 million project financing
Client feedback: 33rd edition (2023/2024)
Banking and finance
“Diversified areas of expertise are covered. Excellent response time. Coherent and exhaustive analysis of the matters requiring legal analysis.”
“The firm did an excellent job detecting the key risks of the transactions and drafting all the legal documentation required in a timely manner.”
M&A
“Good knowledge and professional approach.”
“Drafting of the tender and contractual documents of the international tender. Negotiation with the prequalified investors on the contractual documents. Overall legal support throughout the tender process.”
Project finance
“Our lenders proposed several law firms and we opined for KLC to act as their legal advisers on the basis of prior experience we had with them in similar transactions. They were flexible, and ready to find practical solutions.”
Panagiotis Tzioumas
“Excellent response time. Good understanding of the matter to be investigated and proper delegation to the person with appropriate expertise.”
“Panagiotis is an excellent lawyer capable of creating strong client relationships of trust. He is deeply devoted in the cases involved.”
“His flexibility and readiness to find practical commercial solutions. Also he impressed us with the professional, dedicated and efficient work of his team.”
Ioanna Lazaridou
“Cooperative professional and to the point.”
