Jacob A. Sadikman

Canada Growth Fund in connection with its strategic partnership with Gibson Energy and Varme Energy

On July 11, 2024, Canada Growth Fund Inc., Gibson Energy Inc. and Varme Energy Inc. announced a strategic partnership to accelerate the development of Canada’s first waste-to-energy facility with carbon capture technology. The proposed facility would be constructed though the partnership and...

Lead Office: Calgary Date Announced: Jul 11, 2024 Value: --

Highland Electric Fleets in connection with its $50 million credit facility with the Canada Infrastructure Bank.

On May 8, 2024, Canada Infrastructure Bank (CIB) announced that it has reached a financial close on a loan facility with Highland Electric Fleets (Canada) ULC worth up to $50 million to help finance the supply of Zero Emission Buses to school boards across Canada. Highland Electric Fleets intends...

Lead Office: Toronto Date Announced: May 8, 2024 Value: $50 million

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: -

The Bank of Nova Scotia in its 15-year renewable energy PPA

On February 9, 2022,The Bank of Nova Scotia announced it had signed a 15-year renewable energy Power Purchase Agreement (PPA) for solar energy in Alberta from a new, to-be-constructed 40 MW project, northeast of Cardston, Alberta with Evolugen, a leader in the renewable energy industry....

Lead Office: Toronto Date Closed: February 9, 2022 Value: -

Firelight Infrastructure Partners LP in the sale of a 67MW portfolio of renewable energy projects

On June 10, 2020, Firelight Infrastructure Partners LP completed the sale of its interests in a 67MW portfolio including three utility-scale ground-mounted solar generating products in Ontario and four wind farm generating projects in Nova Scotia, to Potentia Renewables Inc. The portfolio...

Lead Office: Toronto Date Closed: June 10, 2020 Value: -

Dream Unlimited Corp. the $47.2 million sale of its renewable power portfolio to Potentia Renewables Inc.

On November 6, 2019, Dream Unlimited Corp. completed the sale of its renewable power portfolio stake to Potentia Renewables Inc. for $47.2 million. The renewable portfolio includes three ground-mount solar projects totaling 43MW in Ontario and four wind farms totaling 24MW in Nova Scotia....

Lead Office: Toronto Date Closed: November 6, 2019 Value: $47.2 million

A syndicate of lenders in connection with the $1.9 billion Wataynikaneyap Power Transmission Project

On October 29, 2019, Wataynikaneyap Power announced the close of financing for the Ontario Grid Connection project, Osler acted as counsel to a syndicate of lenders. The project will connect 17 remote First Nation communities in Northern Ontario, to Ontario’s power grid through the...

Lead Office: Toronto Date Closed: October 1, 2019 Value: $1.9 billion

BlackRock Real Assets in the sale of its portfolio of Canadian solar plants to Ullico Inc.

On February 1, 2019, BlackRock Real Assets announced it reached an agreement with Ullico on the sale of a portfolio of four operating solar projects in Ontario, Canada.  This marks the third successful realization for BlackRock’s Renewable Power platform. BlackRock acquired, financed...

Lead Office: Toronto Date Closed: February 1, 2019 Value: -