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A&O Shearman has advised the European Bank for Reconstruction and Development, the International Finance Corporation, and Intesa Sanpaolo Bank and its subsidiaries on a EUR 99 million financing to Karavasta Solar for the development, construction, and operation of a 140-megawatt power plant and a 19-kilometre overhead transmission line located in Fier municipality, Albania. Norton Rose Fulbright reportedly advised Karavasta Solar.

Bernitsas has advised Eurobank, Piraeus Bank, Alpha Bank, Alpha Bank Cyprus, Pancreta Bank, BNP Paribas, Intesa Sanpaolo, and Unicredit on the amendment and extension of the existing bond loans issued by Elpedison Power Generation up to the amount of EUR 214 million.