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Corporate purpose
1. The purpose of the Company is:
1) The study, construction, financing, development, operation and commercial exploitation of electricity generation units through the use of renewable energy sources (wind, solar, geothermal and hydraulic energy, wave energy, tidal energy, biomass, biogas), hybrid electricity generation units as well as any activity related to this purpose.
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1. The purpose of the Company is:
1) The study, construction, financing, development, operation and commercial exploitation of electricity generation units through the use of renewable energy sources (wind, solar, geothermal and hydraulic energy, wave energy, tidal energy, biomass, biogas), hybrid electricity generation units as well as any activity related to this purpose.
2) The establishment and/or participation in the share capital or equity of domestic or foreign legal entities of any legal form or joint ventures, whose purpose is directly or indirectly related to the production, transmission, supply and trading of electricity in the Greek territory or in any foreign country.
3) The preparation of studies, provision of supervision and/or execution of projects related to the production, transmission, supply and trading of electricity in the Greek territory, in order to serve the needs of subsidiaries or affiliated legal entities or joint ventures or third legal entities not related to the Company.
4) The provision to its subsidiaries or affiliated legal entities or joint ventures, or to third legal entities not related to the Company, of all kinds of accounting services, consulting services on organization, administration, financial, tax, accounting, labor affairs, financial management, consulting services on mechanization, computerization, selection of computer programs, and generally the provision of services across the entire spectrum of operations, development and expansion of these legal entities or joint ventures.
5) For the achievement of the above purposes, and subject to compliance with the formalities and other conditions of Law 4548/2018 and any other applicable law, the Company may:
6.a) Lend, borrow and raise funds, including the issuance of bonds, promissory notes and other securities or documents incorporating debt (securities), as well as enter into contracts in relation to the aforementioned.
6.b) Provide guarantees, request the issuance of guarantee letters and/or letters of credit in any currency in favor of itself or its subsidiaries or affiliated companies or third parties not related to it, enter into relevant contracts, encumber, hypothecate or pledge its assets to cover obligations of subsidiaries or affiliated legal entities or joint ventures or third legal entities not related to it.
6.c) Develop and exploit patents, industrial and commercial trademarks, licenses, production, extraction and processing methods, know-how and generally other intellectual, commercial and industrial property rights.
6.d) Participate in any kind of tenders related to the purposes of the Company and take any lawful action for the fulfillment of its obligations in the context of such participation.
2. For the fulfillment of its purposes, the Company may act independently or in cooperation with other natural and legal persons in Greece and abroad, as well as participate in companies and joint ventures in Greece and abroad and enter into relevant contracts. The Company may also undertake any work or activity related to the above purposes, incidental or decisive for the achievement of the above purposes, including but not limited to (i) the acquisition and/or participation in any other enterprise pursuing the same or similar purposes, regardless of its legal form, the establishment of subsidiary companies and/or joint ventures, the contribution of a branch to an existing or under-incorporation company, (ii) cooperation with any other natural and/or legal persons, (iii) representation of any domestic or foreign company or enterprise having the same or similar purpose, (iv) the purchase or lease of plots or real estate for the service of its purposes.
3. By decision of the General Meeting of Partners, the purpose of the Company may be extended to other commercial activities.
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