April 17, 2024 | 1 minute read

LONDON – Eldorado Gold and Hellas Gold Single Member, S.A.’s €680 million project financing facility – Greece’s largest ever – was named Europe Mining Deal of the Year at the 2023 Proximo Deal of the Year AwardsBracewell (UK) LLP advised Hellas Gold – Eldorado Gold Corporation’s wholly owned subsidiary – on the project financing facility.

Led by partners Ro LazarovitchTom Swarbrick and Oliver Irwin and senior counsel Bagyasree Nambron, Bracewell represented Hellas Gold on the award-winning transaction, which also won the Project Financing Outstanding Achievement Award at the 2023 Resourcing Tomorrow Awards.

Located within the Halkidiki Peninsula of Northern Greece, Skouries is a gold-copper porphyry deposit to be mined using a combination of conventional open pit and underground mining techniques.

Proximo’s Deals of the Year Awards spotlights outstanding transactions throughout North America, Latin America, Europe, the Middle East, Africa and Asia-Pacific. Proximo provides financial institutions, law firms and other corporations with news, data and research on the project, energy and infrastructure finance sectors.