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May 2014

Bernitsas Law advises on Korinthos Power development

Bernitsas Law advised Korinthos Power in its financing of the development of a 437MW thermal power station in the area of Agioi Theodoroi, with a project value of c€175m.

Korinthos Power is a joint venture of the Mytilineos Group and Motor Oil Hellas. Motor Oil Hellas is a leading Greek Petroleum refiner and listed on the Athens Exchange. The Mytilineos Group is a leading Greek industrial Group, listed on the Athens Exchange and active in EPC projects, metallurgy, mining and energy.