Lexpert Special Editions

Special Edition on Infrastructure 2016

The Lexpert Special Editions profiles selected Lexpert-ranked lawyers whose focus is in Corporate, Infrastructure, Energy and Litigation law and relevant practices. It also includes feature articles on legal aspects of Canadian business issues.

Issue link: https://digital.carswellmedia.com/i/712992

Contents of this Issue

Navigation

Page 15 of 39

16 LEXPERT | 2016 | WWW.LEXPERT.CA Gretener, Nicholas M. Bennett Jones LLP (403) 298-3405 gretenern@bennettjones.com Mr. Gretener's practice focuses on the regulatory and commercial aspects of operations along the energy chain from Upstream (production–generation) to Midstream (processing–transmission) to Downstream (distribution– consumption). He negotiates and drafts energy contracts, pipeline transportation agreements and oil & gas transportation tariffs and has worked on pipeline project financings. Greenfield, QC, Donald E. Bennett Jones LLP (403) 298-3248 greenfieldd@bennettjones.com Mr. Greenfield's energy practice spans asset and share sales and acquisitions, LNG, midstream and other project development, production sale contracts, JVs and limited partnerships in Canada and abroad, and Investment Canada Act matters. Graham, Gary D. Gowling WLG (905) 540-3255 gary.graham@gowlingwlg.com Gowling's Hamilton founding partner, Mr. Graham is a business law lawyer. A former President of Westinghouse Canada Inc., he has been advising clients in the manufacturing, energy and broader public sectors for 25+ years. Gordon, Carolena Clyde & Co Canada LLP (514) 764-3664 carolena.gordon@clydeco.ca Ms. Gordon advises construction firms, construction professionals and their insurers in infrastructure projects. A creative and commercially minded problem-solver with extensive trial experience, she is an expert in early mediation and negotiation in complex and multi-party litigation. Over 23 years, she has built a strong reputation as a strategic thinker in dispute resolution. Glaholt, Duncan W. Glaholt LLP (416) 368-8280 dwg@glaholt.com Mr. Glaholt, C.Arb, is one of Canada's most highly recommended construction lawyers, with experience in energy, infrastructure and mining projects. He is a fellow of the CCCL, ACCL and IACL, and author of leading titles on construction law and ADR. Gillott, Roger J. Osler, Hoskin & Harcourt LLP (416) 862-6818 rgillott@osler.com Mr. Gillott focuses on construction litigation, arbitration and dispute resolution at all levels of court and tribunals. He advises on risk management in construction contracts, and tendering and procurement in the public and private sectors. LEXPERT-RANKED LAWYERS nies and other large capital pools that use them to offset long-term liabilities. Big pools of capital like big projects. It's that simple. ey haven't found projects under $1 billion interest- ing, with the due diligence, legal and other professional work eating up too much of the potential return. "e big pension funds in Canada, the big pools of cash, the one complaint they've had up to now is that there are few very large projects in Canada," says Erik Richer La Flèche, who co-heads the Infrastructure Group at Stikeman Elliott LLP in Montréal. While all the larger transit-related projects are at- tracting attention, one in particular is seen as a serious potential game changer. It is the Caisse de dépôt et placement du Q uébec effectively acting as the project developer and issuer on Montréal's $5.5-billion light rail network. Richer La Flèche calls it a new model of "public-pub- lic" partnership for a government-initiated project. Normally, the role Q uébec's pension fund is taking would be assumed by the private entity that is going to build and operate the highway or rail network. e Caisse de dépôt – created by an Act of Q uébec's National Assembly – is effectively cutting out the mid- dle man. "In something like this, the Caisse provides a buffer for the government in terms of political consid- erations — local content, tariffs, location, lobbying and that kind of thing." e Caisse has said it is willing to assume $3 billion of the estimated total cost but was looking to Ottawa and Q uébec City to kick in the balance. Richer La Flèche says having a behemoth like the Caisse put up the money needed to become a preferred proponent (or bidder) – a process that oen requires private entities to get and hold hundreds of millions of dollars in financing for six to eight weeks while the gov- ernment makes its choice – is a boon for the private sec- tor because it frees them up to work on more projects. "Most design-build contractors would prefer to leave the financing to the owner. It impacts their ability to "Bank of Tokyo-Mitsubishi UFJ have been very active in renewable energy like wind and solar, and are becoming more active in Canada. I think they're doing some P3 financing as well. Sumitomo Mitsui has been active in both those areas. They were one of the short-term lenders on the bank side on the Edmonton Valley Line [light rail]." - Carol Pennycook, Davies Ward Phillips & Vineberg LLP

Articles in this issue

Links on this page

Archives of this issue

view archives of Lexpert Special Editions - Special Edition on Infrastructure 2016