White & Case advises on GEK TERNA’s landmark €659 million capital increase

Global law firm White & Case LLP has acted as sole international counsel in relation to GEK TERNA's €659 million capital increase, pursuant to a private placement to international institutional investors.

Euronext Athens-listed GEK TERNA is Greece's first and only investment grade corporate and the transaction marks the largest private placement in the Greek market.

GEK TERNA is a leading infrastructure and energy group with operations spanning concessions, power and construction, delivering critical projects across Greece and international markets. The proceeds of the capital increase will principally be used to finance GEK TERNA's investment plan in critical infrastructure projects.

The White & Case team in London which advised on the English and US law aspects of the transaction included partners Inigo Esteve and Laura Sizemore and senior associates Dimitrios Lyratzakis and Amulang Povaeva.

PotamitisVekris acted as Greek counsel to GEK TERNA.

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