Regulatory, Indigenous and Environmental

The Canada Growth Fund in its connection with its carbon credit offtake agreement and $200 million strategic investment in Entropy Inc.

On December 20, 2023, the Canada Growth Fund announced its agreement to make a $200 million strategic investment in Entropy Inc., coupled with a novel fixed-price carbon credit offtake agreement that represents first ever large-scale, long-term, fixed-price carbon credit offtake commitment in a...

Lead Office: Calgary Date Closed: -- Value: $200 million

First Quality Enterprises in its acquisition of Domtar’s Pulp and Paper Mill in Dryden, Ontario

On July 31, 2023, First Quality Enterprises completed its previously announced acquisition of Domtar Corporation’s pulp mill located in Dryden, Ontario, Canada. Osler, Hoskin & Harcourt LLP advised First Quality Enterprises with a team led by Manny Pressman and  Brian Gray and including...

Lead Office: Toronto Date Closed: July 31, 2023 Value: -

The IESO in its procurement of seven new battery storage projects and two new natural gas-fired generators

After more than a decade of strong supply, Ontario is entering a period of emerging electricity system needs, including decarbonization. Recognizing the necessity to address these needs in a timely, cost-effective and flexible manner, the Independent Electricity System Operator (the IESO)...

Lead Office: Toronto Date Closed: -- Value: -

TransAlta Corporation in its acquisition of 50% interest in an early-stage pumped hydro energy storage development project

On February 16, 2023, TransAlta Corporation announced that it entered into a definitive agreement to acquire a 50 percent interest in the Tent Mountain Renewable Energy Complex, an early-stage pumped hydro storage development project located in southwest Alberta, from Montem Resources Limited....

Lead Office: Calgary Date Closed: -- Value: -

Kinross Gold Corporation in its US$1.4 billion acquisition of Great Bear Resources

On February 24, 2022, Kinross Gold Corporation completed its previously announced acquisition of Great Bear Resources Ltd. Through the transaction, Kinross will acquire Great Bear’s flagship Dixie project located in the Red Lake mining district in Ontario, Canada. Kinross has agreed to an...

Lead Office: Toronto Date Closed: February 24, 2022 Value: US$1.4 billion

Acting for KKR and AIMCo in their joint acquisition of a combined 65% equity interest from TC Energy in the $6.8B Coastal GasLink Pipeline Project

On December 26, 2019, KKR announced the signing of an agreement (alongside Alberta Investment Management Corporation) to acquire a 65% equity interest in the Coastal GasLink Pipeline Project from TC Energy Corporation. KKR’s investment will be made through a separately managed...

Lead Office: Calgary Date Closed: May 22, 2020 Value: -

The Alberta Court of Appeal in the successful appeal of the Quarry Assessment Regime

On May 6, 2020, the Alberta Court of Appeal unanimously quashed a decision of the Director (Alberta Environment and Parks) that found no environmental impact assessment is required for a silica sand extraction project. A majority of the Court of Appeal further ordered that the Director...

Lead Office: Calgary Date Closed: May 6, 2020 Value: -

Imperial Oil in its pipeline approval (leave to construct) from the Ontario Energy Board

On March 12, 2020, Imperial Oil Limited received approval from the Ontario Energy Board for leave to construct approximately 63 kilometers of pipeline and associated infrastructure to transport refined oil products from its facility in Hamilton, Ontario to its facility in the City of...

Lead Office: Toronto Date Closed: March 12, 2020 Value: -

Aura Power Renewables Ltd. in its Fox Coulee Solar Project approval by the Alberta Utilities Commission

On August 13, 2019, the Alberta Utilities Commission approved the Aura Power Renewables Ltd. Fox Coulee Solar Project in Drumheller, Alberta. This was the first commercial solar project to go to a hearing, and is presently the largest solar project in Alberta. Aura Power Renewables Ltd., an...

Lead Office: Calgary Date Closed: -- Value: -

innogy SE in its decision to construct two solar projects in Canada

On February 18, 2019, innogy SE announced a final investment decision to construct two solar projects in Alberta with a total capacity of 57 MWp.  innogy SE is an energy company based in Essen, Germany. The Hull (30 MWp) and Vauxhall (27 MWp) solar projects are located in southern Alberta...

Lead Office: Calgary Date Closed: February 18, 2019 Value: -