Wilson, Judy
Blake, Cassels
& Graydon LLP
(416) 863-5820
judy.wilson@blakes.com
Ms. Wilson advises local,
national and international
clients on the full range of
infrastructure, P3 and public
procurement issues in a
broad range of sectors includ-
ing municipal, transit, trans-
portation, health, nuclear
energy, water and wastewater.
Wise, Howard M.
Goodmans LLP
(416) 597-4281
hwise@goodmans.ca
Mr. Wise counsels owners,
contractors, sub-contractors
and lenders in his con-
struction law, litigation
and arbitration practice.
He advises on contracts
including P3s, DBFM and
EPC agreements. Author
of the Manual of Construc-
tion Law (Carswell).
Wright, Brian G.
Fasken Martineau
DuMoulin LLP
(416) 865-5488
bwright@fasken.com
Mr. Wright represents finan-
cial institutions on domestic
and cross-border projects,
acquisitions, leveraged debt
financings, syndications
and asset-based lending in
a wide range of industries
including infrastructure,
transportation and energy.
Wilson, Paul C.
Fasken Martineau
DuMoulin LLP
(604) 631-4748
pwilson@fasken.com
Mr. Wilson focuses on
infrastructure, energy and
natural resource projects.
He is currently advising on
LNG-related infrastructure
projects in northern BC
regarding project develop-
ment approvals, financing,
First Nations agreements
and contracting.
Wong, Lilly A.
Gowling Lafleur
Henderson LLP
(416) 369-4630
lilly.wong@gowlings.com
Ms. Wong is a senior prac-
titioner specializing in the
financial services and insol-
vency and restructuring areas.
She has led many infrastruc-
ture and energy project fi-
nance loans and a wide range
of other types of domestic
and international loans.
Yontef, Marvin
Bennett Jones LLP
(416) 777-7474
yontefm@bennettjones.com
Mr. Yontef provides
counsel on mergers,
acquisitions, securities of-
ferings, reorganizations and
financial transactions. He
regularly advises domestic
and non-resident strategic
investors, and commercial
and investment bankers.
of overland transmission on the island of
Newfoundland.
e Maritime Link and Phase I of the
Lower Churchill Project together create
a transformative regional system that pro-
vides for clean, affordable energy.
For Nova Scotia, the Maritime Link will
serve to accomplish the following : firstly,
it will enable a more diversified portfolio
of energy options, secondly, it will reduce
dependency on existing commercial-scale,
carbon-based generation facilities, and,
thirdly, it will help meet new government
regulations that require 40 per cent renew-
able energy by the year 2020.
First power is planned for delivery in 2017.
e bonds, issued by a special purpose fi-
nancing vehicle, benefit from a direct, abso-
lute, unconditional and irrevocable guaran-
tee of the federal government, and as such
carry the full faith and credit of Canada.
As a result of this guarantee, the bonds
were assigned a rating of "AAA" by each
of S&P and DBRS. ese ratings have, in
turn, resulted in a lower cost of financing
for the Maritime Link as well as resulting in
significant savings to Nova Scotia ratepay-
ers over the life of the Project.
e offering was led by Scotiabank as
sole underwriter and bookrunner.
Emera Incorporated was represented in
the bond financing and the negotiation
of the federal guarantee by an in-house
team including Lewis Smith and John
MacLean. Osler, Hoskin & Harcourt
LLP provided lead external support to
Emera with a team led by John Macfarlane
(securities); Rocco Sebastiano (project fi-
nance) and Laurie Barrett (banking ); and
that included Adrian Hartog (real estate);
Monica Biringer (tax); Danna Donald
and Elliot Smith (project finance); Greg
Walters and Ben Leith (banking ) and Jay
Greenspoon (securities).
Cox & Palmer was Atlantic Canada
counsel to Emera with a team led by Alex-
ander MacDonald and including Douglas
Wright (project finance) and William
Ca-hill (real estate); Patrick Fitzgerald
and Jane Anderson (project finance); and
Anthony Chapman and John Stewart
(real estate).
e Government of Canada was repre-
sented by Anne Boudreau and Rhonda
Lazarus of Department of Justice Canada.
Cassels, Brock & Blackwell LLP pro-
vided external support to the Government
of Canada.
e Cassels Brock team was led by Ali-
son Manzer and included Charles New-
man, Peter Sullivan, Jennifer Wasylyk,
Suhuyini Abudulai, Jose Calderon and
Sarah McKinnon (financial services); and
Jonathan Freeman (real estate) and Brian
Dominique (regulatory).
McCarthy Tétrault LLP represented
Scotiabank with a team that included
Linda Brown and Matthew Appleby.
JOHN HART
GENERATING STATION
REPLACEMENT PROJECT
REACHES FINANCIAL CLOSE
CLOSING DATE: FEBRUARY 28, 2014
In-
Power BC General Partnership – a special-
purpose vehicle established by SNC-Laval-
in Capital Inc. – and the British Columbia
Hydro and Power Authority (BC Hydro)
announced financial close in relation to a
20-year project for the design, build, par-
tial financing and rehabilitation of the John
Hart Generating Station Replacement Pro-
ject in Campbell River, British Columbia.
e project is being procured by BC Hydro
as a public-private partnership.
e existing 126-MW John Hart Gener-
ating Station on the Campbell River repre-
sents approximately 17 per cent of the total
generating capacity on Vancouver Island.
SNC-Lavalin Inc. and its team of subcon-
tractors will provide engineering and con-
struction services. e maintenance of the
generating station will be performed by a
partnership of a SNC-Lavalin Inc. entity
and an Industrias Metalúrgicas Pescarmona
S.A.I.C. y F. (IMPSA) entity, in coordina-
tion with BC Hydro staff.
BC Hydro will provide 60 per cent of the
approximately $700-million construction
capital costs, with SNC-Lavalin Capital
Inc. providing the balance through equity
and debt financing, including a short-term
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