NICHOLAS A. DESSYPRIS

NICHOLAS A. DESSYPRIS

Partner | Lawyer (Supreme Court)

Supreme Court lawyer with more than 30 years of experience leading complex, high-value transactions in mergers and acquisitions, acquisition and project finance, and corporate lending. He has advised clients across a broad range of sectors, including energy, banking, mining, construction, telecommunications, media and real estate.
In addition to his transactional practice, Nicholas brings extensive in-house and board-level experience, having served as a C-suite executive, board director and company secretary in rapidly growing multinational groups.

Education

  • Law Degree (LLB)
    University of Athens Law School | 1980–1985
  • Post-Graduate Training
    Council of State (Supreme Administrative Court) | 1985–1986

Professional Experience

Head of the firm’s M&A, Banking & Finance and Energy Practices

Nicholas previously served as Head of Legal of two major energy companies Motor Oil Renewable Energy S.A. (MORE) and nrg Supply and Trading S.A., where he was a member of the leadership team and acted as Board Secretary, advising on corporate governance, strategic transactions and regulatory matters. He has also served as Board Director of multiple subsidiaries and joint ventures.

He established and led comprehensive legal departments supporting rapid business expansion across corporate law, licensing, construction, regulatory compliance and commercial operations. He has further acted as executive director and company secretary in joint ventures in the media and telecommunications sectors.

Nicholas has led legal teams on numerous high-profile domestic and cross-border M&A transactions, including competitive bid processes and negotiated acquisitions in energy, oil & gas, renewable energy, banking, telecommunications, media and property sectors. Indicative transactions include:

  • Acquisition by MORE of Anemos RES S.A. and renewable energy portfolios from METKA-EGN and Ventus DAC
  • Acquisition by a subsidiary of MOH of IBG (renamed Optima Bank)
  • Acquisition of photovoltaic plants in Romania by MORE and a local partner
  • Acquisition by Motor Oil Hellas SA (MOH) of nrg Trading House SA (renamed nrg Supply and Trading SA)
  • Acquisition by Coral S.A. of Lukoil Cyprus (renamed Coral Cyprus)
  • Restructuring of Vegas Oil and Gas S.A. and sale of its upstream portfolio to a Chinese investor
  • Acquisition of Heracles GCC by Blue Circle Industries PLC
  • Acquisition of a portfolio of 17 hotels by an Israeli investor
  • Acquisition of media and telecommunications companies by international strategic investors
  • Sale of power generation assets to a German investor
  • Acquisition by a Greek investor of a minority stake in a Spanish company engaged in the production of biofuels
  • Sale of the Corporate & Commercial Banking business of ABN AMRO to a Greek bank
  • Acquisition of real estate portfolios by joint ventures involving international financial institutions

He has advised on and managed post-acquisition integration processes and has negotiated numerous international joint venture, farm-in and strategic commercial agreements, including a JV agreement between MOH and TERNA for the formation of a company purported to operate a thermal power plant, a JV agreement between MORE and TERNA Energy in connection with the development of an offshore wind farm as well as JV and farm-in agreements between Greek companies and international partners in connection with the operation of exploration assets in the Arabic peninsula and Africa.

Nicholas has also led legal workstreams on major IPOs and capital markets transactions, including the IPOs of Aegean Airlines, COSMOTE S.A., Eurobank Properties REIC, Hellenic Duty-Free Shops S.A., and the restructuring and IPO of Hellenic Petroleum S.A., as well as the [attempted] listing of Vegas Oil and Gas S.A. on the Main Market of the London Stock Exchange.

His financing experience includes acquisition finance, project finance, corporate finance and debt capital markets transactions, particularly for the Motor Oil group, covering renewable energy projects, gas power plants and syndicated acquisition and corporate financings, including the financing of the acquisition of Anemos by MORE, the financing of the construction of a thermal power plant in Komotini and the financing of the construction of MORE’s wind and PV plants. He has also handled complex regulatory banking matters.

Nicholas regularly represents clients before regulatory and supervisory authorities, including the Bank of Greece, the Hellenic Capital Market Commission, the Hellenic Competition Commission, and national telecommunications authorities.

Languages

Greek, English, French

Practice Areas

Mergers & Acquisitions • Joint Ventures • Corporate Governance • Post-Merger Integration • Acquisition Finance • Project Finance • Corporate & Banking Transactions • Energy

  • 210 361 1225
  • 6944646020
  • n.dessypris@kanell.gr