28 LEXPERT
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2019
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WWW.LEXPERT.CA
Roth, Bernard J. Dentons Canada LLP
(403) 268-6888 bernard.roth@dentons.com
Mr. Roth is a lead member of Dentons' Energy group. His practice includes
the regulation of infrastructure, including environmental assessment pro-
cesses, and all required environmental and regulatory approvals. He has
significant expertise in utility regulation, including in appeals or judicial
review applications to courts from regulatory decisions, as well as tolls/tariff
and rates matters.
Rosenberg, Sheryl A. Thompson Dorfman Sweatman LLP
(204) 934-2312 sar@tdslaw.com
Ms. Rosenberg practises primarily in the area of environmental law. She
provides clients with advice concerning environmental approvals and licens-
ing, mining and mine rehabilitation, natural resource development, regulatory
compliance, contaminated sites and litigation of environmental matters.
She has provided advice to Manitoba Hydro's Keeyask Generating Station
and Hudbay's Lalor Mine.
Rimer, Philip M. Dentons Canada LLP
(613) 783-9634 philip.rimer@dentons.com
Mr. Rimer leads the Ottawa office of Dentons' Real Estate, Project Develop-
ment, and Banking and Finance practice groups. He represents national
and international clients, who include institutional stakeholders (including
pension funds, banks and public-sector entities) involved in commercial real
estate and infrastructure projects.
Riley, Y. Beth Bennett Jones LLP
(403) 298-3096 rileyb@bennettjones.com
Ms. Riley provides strategic competition and foreign investment advice to
Canadian and foreign clients (including SOEs) in the context of mergers,
strategic alliances, commercial transactions and unilateral conduct, in
addition to compliance matters, with a wealth of experience in the energy
industry. She also provides corporate & securities law advice, including M&A
and commercial transactions.
Richmond, Mike McMillan LLP
(416) 865-7832 mike.richmond@mcmillan.ca
As Co-chair of McMillan's Energy Group, Mr. Richmond has supported the de-
velopment and operation of hundreds of renewable, co-gen, storage and distrib-
uted power projects. Clients benefit from his unique combination of commercial
expertise and deep regulatory and policy background, having served as Director
of Toronto Hydro, Senior Advisor to the Energy Minister and Member
of the National Energy Board.
Richer La Flèche, Erik Stikeman Elliott LLP
(514) 397-3109 ericherlafleche@stikeman.com
Mr. Richer La Flèche is a partner and key contact of the Project Develop-
ment & Finance, First Nations, India and Japan practice groups. His practice
extends to infrastructure, mining and natural resources, and electricity in
Canada and abroad. He has advised First Nations in Québec on wind power
projects and mining, and regularly represents sponsors, governments
and lenders in major projects.
LEXPERT-RANKED LAWYERS
Richard O'Doherty and François Dupuis (Fi-
nancial Services) and Danielle Drolet and Dani-
elle Gagnon (Real Estate).
TransCanada was led in-house by Victoria
Marselle, Director Commercial & Regula-
tory Law, Energy, and Kara Levis, Senior Legal
Counsel, Energy Law. TransCanada was also
advised by Stikeman Elliott LLP with a team
that included Sean Vanderpol and Michael
Decicco (Corporate) and Bertrand Ménard
and Stéphanie Bernier (Real Estate); and by
Blake, Cassels & Graydon LLP as tax advisors
with a team that included Robert Kopstein and
Dan Jankovic (Tax) and Trevor Rowles and
Sharagim Habibi (Corporate).
INTER PIPELINE LTD.
DIVESTS THE HEARTLAND
PETROCHEMICAL COMPLEX'S
CENTRAL UTILITY BLOCK
TO FENGATE CAPITAL MANAGEMENT
On September 25, 2018, Inter Pipeline Ltd. ("In-
ter Pipeline") completed its divestiture of the
Heartland Petrochemical Complex's Central
Utility Block ("CUB") to Fengate Capital Man-
agement ("Fengate"), a privately held infrastruc-
ture and real estate investment firm.
Under the terms of the sale, Inter Pipeline will
recover all of its development capital and Fengate
will assume responsibility for funding the CUB
capital cost, currently estimated at $600 million.
Fengate has also entered into long-term agree-
ments to supply core utilities to Inter Pipeline's
Heartland Petrochemical Complex in exchange
for structured capital and operating recovery fee
payments from Inter Pipeline.
e CUB is a 102 MW natural gas-powered
cogeneration facility capable of supplying Inter
Pipeline with electricity, steam and other key
utilities for its 100% owned Heartland Complex
near Edmonton, Alberta. e $3.5 billion com-
plex, which excludes the CUB capital cost, con-
sists of integrated propane dehydrogenation and
polypropylene plants. e complex will convert
locally sourced, low-cost propane into 525,000
tonnes per year of polypropylene pellets. Con-
struction of the Heartland Complex is in prog-
ress with completion scheduled for late 2021.
With the sale of the CUB to Fengate, Inter
Pipeline recovered approximately $50 million of
development capital incurred to date in a lump
sum closing payment. Fengate is responsible for
funding the remainder of the CUB capital cost
on an ongoing basis.
Fengate has engaged Inter Pipeline to manage
the construction of the CUB and the day-to-day
operations of the facility once in service. is
helps ensure that the CUB, which will be highly
integrated with the Heartland Complex, will
