32 LEXPERT
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2017
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WWW.LEXPERT.CA
Reid, James R. Davies Ward Phillips & Vineberg LLP
(416) 367-6974 jreid@dwpv.com
Mr. Reid has extensive experience in M&A and financing transactions in the
energy sector. He has represented Fortis, a leading North American electric and
gas utility, on all of its significant transactions, including most recently on its
transformational US$11.8 billion acquisition of ITC Holdings. He also advised
Pattern Energy on its joint venture with Samsung.
Reid, David A. Cox & Palmer
(902) 491-4131 dreid@coxandpalmer.com
Mr. Reid provides corporate, commercial and regulatory advice to major oil and
gas projects, exploration and production companies, government and renewable
energy projects including wind and tidal generation. Experience includes
acquisitions of energy service companies in Atlantic Canada and Alberta,
negotiation of service agreements and the development of the Play Fairway
Analysis for offshore NS.
Quinn, Bernard P. Norton Rose Fulbright Canada LLP
(514) 847-4518 bernard.quinn@nortonrosefulbright.com
Mr. Quinn practises in construction law and commercial litigation. He is a
member of our Canadian construction, engineering and infrastructure team and
our Canadian product liability team. Mr. Quinn advises and represents builders,
project owners, engineers, financial institutions and manufacturers before all
civil jurisdictions in Québec as well as in arbitration and mediation.
Pritchard, Andrew Norton Rose Fulbright Canada LLP
(613) 780-8607 andrew.pritchard@nortonrosefulbright.com
Mr. Pritchard practises corporate and commercial law with an emphasis on real
estate, and land use and development in energy-related projects. Mr. Pritchard
has extensive experience in business acquisitions, dispositions, financings and
project development including the structuring of ownership, management and
private-public partnerships.
Powell, Sarah V. Davies Ward Phillips & Vineberg LLP
(416) 367-6931 spowell@dwpv.com
Ms. Powell is one of Canada's leading environmental lawyers. She has extensive
experience providing strategic advice on the assessment of environmental
and social risks and impacts, Indigenous matters and the permitting of energy
projects including species at risk.
Pike, Alexandria (Alex) Davies Ward Phillips
& Vineberg LLP (416) 367-6989 apike@dwpv.com
Ms. Pike advises sponsors, proponents and lenders on matters involving
environmental risk, Indigenous issues and permitting in energy projects.
She has experience in oil & gas, hydroelectric, nuclear and renewable matters,
and has defended renewable energy approvals for wind projects.
LEXPERT-RANKED LAWYERS
ing Billy Vigdor, Niel Imus and John Decker.
For the Pattern 2.0 Fund Investment, Pattern De-
velopment 1.0 was advised by Latham & Watkins
LLP with a team comprising Barton Clark, Mathew
Holt, Daniel Cote, Cheryl Coe and Valentin Riazanov.
PSP Investments was represented on all aspects of
the above transactions by an in-house team comprising
Mélanie Bernier, Vice President and Divisional General
Counsel Legal Affairs, and Florence Simard (who was
on secondment from Davies).
For the PEGI Share Acquisition, PSP Investments
was also represented by Davies Ward Phillips &
Vineberg LLP with a team comprising Franziska Ruf,
Olivier Désilets, and Scott Fisher and Marc Berger.
For the PEGI/PSP JVA, the Initial Project Acqui-
sitions and the Panhandle 2 Acquisition, PSP Invest-
ments was represented by Davies Ward Phillips &
Vineberg LLP with a team comprising Nicholas
Williams, Franziska Ruf, Brooke Jamison, Anthony
Spadaro, Marc Pontone, Sarah Powell, Gabriella Lom-
bardi, and Pawel Mielcarek and Jason Stapley.
PSP Investments was provided with tax advice on all
aspects of the above transactions by Davies Ward Phil-
lips & Vineberg LLP with a team comprising Peter
Glicklich, Heath Martin and Marie-Emmanuelle Vail-
lancourt; regulatory advice was provided to PSP Invest-
ments by Linklaters with a team comprising Antonia
Sherman, Sima Ostrovsky and Tara Rudra; and by
Davies Ward Phillips & Vineberg LLP with a team
comprising Charles Tingley and Alysha Manji-Knight.
For the Pattern 2.0 Fund Investment, PSP Invest-
ments was represented by Torys LLP with a team com-
prising Amy Johnson-Spina, Jay Romagnoli, and Batya
Nadler and Steven Rotchtin.
For both the Panhandle 2 Acquisition and certain
US regulatory matters, PSP Investments was also as-
sisted by Andrews Kurth LLP with a team comprising
Timothy Unger, Eric Markus, Stephanie Kroger, Geof-
frey Walker and Kenneth Wiseman.
DELEK GROUP LTD.
ACQUIRES ITHACA ENERGY INC.
On June 5, 2017, Delek Group Ltd. (Delek), through
its wholly owned subsidiary, DKL Investments Limited
(the Offeror) completed its acquisition of Ithaca Energy
Inc. (Ithaca). e transaction was structured as a sup-
ported takeover bid pursuant to the terms of a Support
Agreement between Delek and Ithaca dated February
6, 2017. e offer was made by the Offeror on March
14, 2016, at an offer price of $1.95 for each Ithaca com-
mon share, other than those owned by the Offeror or
any of its affiliates which, immediately prior to the of-
fer, represented approximately 19.7 per cent of Ithaca's
issued and outstanding common shares.
On April 20, 2017, the Offeror acquired approxi-
mately 70.3 per cent of the Ithaca common shares sub-
ject to the bid. As required by securities laws, the Offer-
or extended its offer until May 3, 2017, and acquired a
further 22.5 per cent of the Ithaca common shares dur-
