WWW.LEXPERT.CA
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2016
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LEXPERT 37
EDF EN CANADA SELLS A STAKE
IN THE MONT-ROTHERY WIND PROJECT
CLOSING DATE: MAY 27, 2016
On May 27, 2016, EDF EN Canada Inc. (EDF EN),
a market leader in renewable energy and subsidiary of
EDF Energies Nouvelles Group, completed the sale of
a 50-per-cent interest in the 74-megawatt (MW) Mont-
Rothery Wind Project located in the province of Qué-
bec (the Project) to MD1 Wind, LP (MD1), a limited
partnership formed by a consortium (the Consortium)
regrouping Régime de rentes du Mouvement Desjar-
dins, Desjardins Financial Security Life Assurance
Company, Certas Home and Auto Insurance Com-
pany and e Manufacturers Life Insurance Company.
EDF EN Canada will remain involved in the Project
through its wholly owned subsidiary EEN CA Mont-
Rothery L.P., which is a 50-per-cent co-owner of the
Project. EDF EN Canada Development will provide
management services and EDF Renewable Services will
continue to provide a portion of the current operations
and maintenance services and 24/7 remote monitoring.
e Project's construction started in 2014 and
reached commercial operation in December 2015. e
Project comprises a total of 37 wind turbines and is
situated on public lands in the municipalites of Haute-
Gaspésie and Côte-de-Gaspé.
EDF EN was represented by an in-house team led by
Julie Chabot (Head of Legal, Québec) that included
Marc McClean (Director, Legal) and Miriam Robi-
taille (Legal Counsel).
EDF EN was also represented by Stikeman Elliott
LLP with a team that included Maxime Turcotte,
Dominique Rolland and Valérie Trudeau (M&A), Erik
Richer La Flèche, Sterling Dietze, Maxime Jacquin,
Léa Bénitah-Bouchard and Carla L'Écuyer (project
finance), Jean-Guillaume Shooner and Nathaniel
Lacasse (tax) and Jeffrey Brown (competition).
Dentons Canada LLP acted as development coun-
sel to EDF EN, including title and permitting matters,
with a team led by Charles Côté-Lépine (real estate).
e Manufacturers Life Insurance Company was
represented by an in-house legal team led by John Wal-
lace (Managing Director, Senior Counsel and Practice
Group Leader, Fixed Income, North American Invest-
ment Law). Régime de rentes du Mouvement Desjar-
dins was represented by an in-house legal team led by
Patrick Chillis (Director, Legal Affairs). Desjardins Fi-
nancial Security Life Assurance Company and Certas
Home and Auto Insurance Company were represented
by an in-house legal team led by Véronique Steffan
(Legal Counsel, Legal Affairs).
e Consortium was represented by Blake, Cassels
& Graydon LLP with a team consisting of Philippe
Bourassa and Fabien Lanteri-Massa (M&A), Aude
Godfroy, Mahnaz Jan Ali and Rebecca Dawe (project
finance), Yannick Beaudoin and Jeff Talbot (real estate),
Anne-Catherine Boucher (environment), Kathleen
Penny and Peter Lee (tax), and Jason Gudofsky and
Kevin MacDonald (competition).
Sutcliffe, Stewart Stikeman Elliott LLP
(416) 869-5511 ssutcliffe@stikeman.com
Mr. Sutcliffe is a partner in the Toronto office of Stikeman Elliott and head
of the M&A/Private Equity Group. He has a diversified corporate practice
focusing on domestic and cross border private and public M&A and private-
equity investments. He practised in the firm's London office for five years
where he was responsible for M&A transactions across a wide range
of jurisdictions and industries.
Stuber, Ron Dentons Canada LLP
(604) 443-7129 ron.stuber@dentons.com
Mr. Stuber is the National Co-Lead of Dentons Canada LLP's Renewable
Energy Team. His practice focuses on the development and financing of
domestic and international infrastructure and energy projects, and extends
to hospitals, roads, rail, ports, power and gas (LNG). He advises proponents,
lenders and others.
Story, Craig A. Stikeman Elliott LLP
(403) 266-9098 cstory@stikeman.com
Mr. Story is a partner in Stikeman Elliott's Corporate Group. His practice
focuses on the areas of corporate finance and securities, private equity
and M&A. He routinely advises issuers, major investors and underwriters in
both the public and exempt markets, focusing in the areas of PE financing,
including fund formation, fund investments/divestitures and portfolio
company activities.
Stevenson, Shane R. Dentons Canada LLP
(780) 423-7214 shane.stevenson@dentons.com
Practice encompasses matters pertaining to M&A, securities, corporate
finance and corporate/commercial transactions, including corporate
reorganizations of public and private corporations (domestically and
internationally), primarily for oilfield service, oil and gas and technology-
based companies. Edmonton team lead for the International Natural
Resources and Infrastructure practice group.
Stefaniuk, John D. Thompson Dorfman
Sweatman LLP (204) 934-2597 jds@tdslaw.com
Mr. Stefaniuk has a broad practice in natural resources, energy,
environmental and municipal law, project development and government
relations. He has experience with natural resource, energy and environmental
project approvals, P3, negotiation and consultation with First Nations
and Indigenous Peoples, regulatory approvals, agreements with government,
land tenure, financing, closure and rehabilitation.
Stacey, Gillian R. Davies Ward Phillips & Vineberg LLP
(416) 367-6934 gstacey@dwpv.com
Ms. Stacey has extensive experience advising on mergers, acquisitions,
project and conventional debt and equity financings, and technology
transactions, in Canada and internationally. She played a lead role advising
the Government of Canada in connection with the restructuring of the Nuclear
Laboratories division of Atomic Energy of Canada Limited and the sale of its
Candu reactor division.
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