Turcotte, Maxime
Stikeman Elliott LLP
(514) 397-2421
mturcotte@stikeman.com
Mr. Turcotte's energy prac-
tice focuses mainly on advis-
ing clients in the context of
the development of energy
projects, project finance and
M&A and other monetiza-
tion opportunities.
Turner, Francis J. (Frank)
Osler, Hoskin
& Harcourt LLP
(403) 260-7017
urner@osler.com
Mr. Turner specializes in
M&A and corporate fi-
nance. He has significant ex-
pertise advising international
organizations, including
state-owned enterprises and
sovereign wealth funds, on
acquisitions and strategic
alliances in Canada's
energy sector.
Vesey, Derek R.G.
Davies Ward Phillips &
Vineberg LLP
(416) 367-6921
dvesey@dwpv.com
Mr. Vesey acts on project
finance, P3, banking and
infrastructure transactions
in both Canada and the US.
He advises lenders, operators
and sponsors in numerous
sectors, including energy,
mining, and social and trans-
portation infrastructure.
Turmel, André
Fasken Martineau
DuMoulin LLP
(514) 397-5141
aturmel@fasken.com
Mr. Turmel practises energy
law. He negotiates genera-
tion, supply , transmission
and infrastructure agree-
ments for clients in the bio-
gas, biomass, cogeneration,
hydro and wind sectors. He
also advises oil & gas clients
on permitting and licences.
Veilleux, Niko
Fasken Martineau
DuMoulin LLP
(514) 397-5236
nveilleux@fasken.com
Mr. Veilleux's practice fo-
cuses on public and private
M&A, corporate finance,
securities and private equity/
venture capital, notably
complex cross-border
and multi-jurisdictional
transactions. He advises on
corporate governance
matters, as well.
Vilder, Sébastien
Blake, Cassels
& Graydon LLP
(514) 982-5080
sebastien.vilder@blakes.com
Mr. Vilder's practice includes
energy & infrastructure,
specializing in project &
bank financing. He has acted
in numerous project and
bank financings in Canada
and internationally, advising
a wide variety of financial
services clients and sponsors.
velopment in the Montney area of BC to
Veresen Midstream Limited Partnership,
50/50 limited partnership of Veresen Inc.
and affiliates of Kohlberg Kravis Roberts &
Co. L.P.
e aggregate purchase price of the ac-
quisition was around $760 million.
Under the terms of the transaction,
Veresen Midstream will provide gathering
and compression services to each of Encana
and CRP under separate fee-for-service ar-
rangements in a dedicated area of mutual
interest within the Montney resource play.
Veresen Midstream has agreed to under-
take up to $5 billion of new midstream ex-
pansion, the purpose of which is to support
development by Encana and CRP within
the area of dedication.
Encana was represented by Don MacDi-
armid, Vice President, Legal Services, and
Bennett Jones LLP by a team led by Pat-
rick Maguire and including Chris Skelton,
Duncan McPherson, Geoff Stenger, Me-
gan Bertram, and Helen Cox (corporate/
M&A) and Beth Riley (regulatory).
Veresen Midstream was represented
by Patrick Trumpy, Corporate Counsel,
Veresen Inc., and Torys LLP by a team
comprising Derek Flaman, David Cusch-
ieri, Peter Danner, Matt McMahon, and
Amy Maginley (corporate/M&A), Dany
Assaf and Marina Chernenko (regulatory),
and Craig Maurice (tax).
Northland Power
completes public offering
and concurrent private
placement of common shares
CLOSING DATE: MARCH 5, 2015
On March 5, 2015, Northland Power Inc.
completed an offering of 13,750,000 com-
mon shares at a price of $16.00 per com-
mon share, representing gross proceeds of
$220,000,000. e underwriters exercised
their over-allotment option for the offer-
ing, bringing the total proceeds for the
offering to $231,000,000. Concurrently,
Northland completed a private placement
of 3,125,000 common shares to a subsid-
iary of Northland Power Holdings Inc., a
company controlled by James Temerty, at
the same price per common share for total
proceeds of $50,000,000.
e net proceeds of the offering and con-
current private placement will be principal-
ly utilized to fund a portion of Northland's
investment in Nordsee One, a 332 mega-
watt offshore wind development project
located in the North Sea and Grand Bend
onshore wind project in Ontario.
e offering was made through a syndi-
cate of underwriters led by CIBC World
Markets Inc., BMO Nesbitt Burns Inc. and
National Bank Financial Inc., and included
Desjardins Securities Inc., RBC Dominion
Securities Inc., Scotia Capital Inc., TD Se-
curities Inc., Cormark Securities Inc. and
FirstEnergy Capital Corp.
Northland was represented by Borden
Ladner Gervais LLP with a team com-
posed of Linda Bertoldi, Paul Mingay,
Habeeb Syed and Linda Tu (corporate and
securities), and Daniel Lang (tax).
e underwriters were represented by
McCarthy Tétrault LLP with a team com-
posed of Jonathan Grant, Wendi Locke,
Matthew Appleby and Graeme Norwood
(business law), and James Morand and
Robert Nearing (tax).
Baytex Energy completes
$632.5M public offering
CLOSING DATE: APRIL 2, 2015
On April 2, 2015, Baytex Energy Corp.
(Baytex) completed a public offering of
36,455,000 common shares including
4,755,000 common shares pursuant to the
full exercise of the over-allotment option, at
a price of $17.35 per share for approximate
gross proceeds of $632.5 million. Baytex is
a dividend paying oil and gas corporation
in Calgary, Alberta, engaged in the acquisi-
tion, development and production of crude
oil and natural gas in the Western Canadian
Sedimentary Basin and in the Eagle Ford in
the United States.
Baytex was represented by Burnet,
Duckworth & Palmer LLP with a team
that was composed of Shannon Gangl,
Lindsay Cox and Sylvie Welsh (securities)
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