P&P Advises DEPA Commercial SA on Major €600M Project for Strategic Power Plant Investment

We are proud to have advised DEPA Commercial S.A., the public gas corporation, on a transformative €600 million project to develop a cutting-edge 792 MW natural gas-fired power plant in Larissa—one of the largest energy investments in Greece.

DEPA’s partners in this mega project are the companies Clavenia Ltd, EUSIF Larissa S.A.,and Volton S.A., all of which will jointly participate in the Greek company LARISSA THERMOELECTRIC S.A, which is developing the power generation plant powered by Mitsubishi Heavy Industries’ M701JAC technology.

With all permits secured, the project is now set to enter the construction phase, marking a major milestone in Greece’s energy landscape.

Our team was led by Elmina Chadio, M&A Partner and Senior Associates Chrysoula Giannopoulou, Antonia Rountou andKonstantina Tsourouni.

Congratulations to DEPA Commercial S.A. and all teams involved for their excellent work on reaching this milestone.

 

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