38 LEXPERT
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2016
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WWW.LEXPERT.CA
Turmel, André Fasken Martineau DuMoulin LLP
(514) 397-5141 aturmel@fasken.com
Mr. Turmel practises energy law. He negotiates generation, supply,
transmission and infrastructure agreements for clients in Canada, Africa and
Asia in the biogas, biomass, cogeneration, hydro and wind sectors. He also
advises oil & gas clients on permitting and licences. He also works on climate
change and GHG transactional issues.
Turcotte, Maxime Stikeman Elliott LLP
(514) 397-2421 mturcotte@stikeman.com
Mr. Turcotte's energy practice focuses on advising clients in the context
of the development of energy projects, project finance and M&A and other
monetization opportunities. Recent mandates include EDF EN Canada Inc.,
in the sale of a 42.5 per cent equity interest in the 350MW Rivière-du-Moulin
Wind Project, the largest wind project in Canada.
Theroux, Michael P. Bennett Jones LLP
(403) 298-4438 therouxm@bennettjones.com
Mr. Theroux's practice involves complex commercial litigation and arbitration
matters with a focus on energy disputes, including those involving oil sands
and LNG projects in Western Canada and major offshore oil and gas projects.
He has also acted on Aboriginal claims, appeals and judicial review of
decisions of regulatory tribunals and on various environmental matters.
Thériault, Sébastien Davies Ward Phillips
& Vineberg LLP (514) 841-6526 stheriault@dwpv.com
Mr. Thériault's transactional practice includes advising clients on investments
in the clean tech and energy sectors, the creation of, and investments in,
private equity and venture capital funds in the clean tech and energy sectors,
as well as financings of energy projects such as wind farms.
Themens, Pierre-André Davies Ward Phillips
& Vineberg LLP (514) 841-6448 pathemens@dwpv.com
Mr. Themens, a managing partner of the firm, has a practice focused on all
aspects of complex domestic and foreign project financing and real estate
transactions including hydro-electric and other energy-related projects.
Tavender, QC, E. David D. Dentons Canada LLP
(403) 268-7010 david.tavender@dentons.com
Mr. Tavender has extensive experience in civil commercial litigation and ADR.
He has conducted numerous major trials and appeals, and his appearances
include cases before the Alberta Courts, the Federal Court of Canada and
the Supreme Court of Canada. He is a mediator and arbitrator with ADR
Chambers, and has participated in investigations and inquiries.
LEXPERT-RANKED LAWYERS
RIVERSTONE ACQUIRES 50% INTEREST
IN UTOPIA PIPELINE PROJECT
FROM KINDER MORGAN
CLOSING DATE: JUNE 28, 2016
On June 28, 2016, Riverstone Investment Group LLC
(Riverstone) completed the acquisition of a 50 per cent
ownership interest from Kinder Morgan, Inc. (KMI) in
the Utopia Pipeline Project (UPP). Riverstone agreed to
an upfront cash payment provided at closing, consisting
of reimbursement to KMI for its 50-per-cent share of
prior capital expenditure related to the UPP, and a pay-
ment in excess of capital expenditure to recognize the
value created by KMI in developing the UPP to date.
As a 50-per-cent partner in the UPP, Riverstone also
agreed to fund its share of future capital expenditure
necessary to complete construction and commissioning
of the UPP.
e UPP is a common carrier project that will in-
clude approximately 215 miles of new 12-inch diameter
pipeline and related facilities constructed primarily
within the state of Ohio.
When completed, the UPP will connect with an ex-
isting KMI pipeline to transport ethane gas and related
products from Ohio to Ontario.
e completed UPP is expected to cost approximate-
ly $500 million (excluding capitalized interest).
Vinson & Elkins LLP acted as US counsel for
Riverstone. e V&E team was led by partners Dan
Komarek and Shay Kuperman. Bennett Jones LLP
acted as Canadian counsel to Riverstone on the Can-
adian portion of the acquisition with a team that in-
cluded John Mercury, Darcy Moch, Pat Maguire and
James McClary.
Bracewell LLP acted as US counsel for KMI. e
Bracewell team included partners Stuart Zisman, Rob-
ert Jacobson, Cleland Dade, Aaron Roffwarg, Scott
Sanders, Rebecca Baker, Gregory Bopp and Timothy
Wilkins. Blake, Cassels & Graydon LLP acted as
Canadian counsel for KMI on the Canadian portion
of the acquisition with a team that included Mungo
Hardwicke-Brown, Carrie Aiken, Ky Kvisle, Steve
Marshall and Chris Huband.
On July 13, 2016, Birchcliff Energy Ltd. (Birchcliff )
closed its previously announced bought-deal financing
(the Offering) through a syndicate of underwriters co-
led by National Bank Financial Inc., Cormark Securi-
ties Inc., GMP Securities L.P. and Scotia Capital Inc.
and that included CIBC World Markets Inc., HSBC
Securities (Canada) Inc., TD Securities Inc., Raymond
James Ltd., BMO Nesbitt Burns Inc., Canaccord Ge-
nuity Corp., Macquarie Capital Markets Canada Ltd.,
AltaCorp Capital Inc., Haywood Securities Inc., Inte-
gral Wealth Securities Ltd. and Peters & Co. Ltd. (col-
lectively, the Underwriters).
BIRCHCLIFF ENERGY CLOSES FINANCINGS
CLOSING DATE: JULY 13, 2016
Birchcliff issued 107,520,000 subscription receipts
(Subscription Receipts) (including 6,000,000 Subscrip-
PHOTO:
SHUTTERSTOCK
