Scott Kraag

Scott Kraag

Partner at Torys LLP
(416) 865-7980
(416) 865-7380
79 Wellington St W, Suite 3000, Box 270, TD Ctr, Toronto, ON
Year called to bar: 1998 (BC); 1998 (ON); 2002 (England & Wales)
Head of Torys’ Project Finance Practice and co-head of the Banking and Debt Finance Practice, Scott has broad experience representing all of the principal parties on projects, including lenders, sponsors, equity investors, arrangers and underwriters, contractors, service providers and public authorities, on a variety of complex project finance transactions. His work regularly focuses on the energy, infrastructure and mining industries. Scott’s finance experience extends to corporate banking transactions and he frequently advises lenders and borrowers in transactions which include bank credit facilities, bond financings, structured finance transactions, mezzanine financings and derivatives.
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Kineticor Resource Corp. successfully closed financing on the $1.5 billion Cascade Power Project
On November 21, 2016, Axium Infrastructure (“Axium”) acquired a 100 per cent equity interest in an 84 MWAC (110 MWDC) solar portfolio from Renewable Energy Trust Capital (“RET”).
On December 18, 2015, New Flyer Industries Inc. (New Flyer) completed its acquisition of Motor Coach Industries International, Inc. (MCI) from an affiliate of KPS Capital Partners, L.P. for cash consideration of US$455 million, subject to certain purchase price adjustments.
On March 30, 2015, a subsidiary of Renewable Energy Trust Capital, Inc. acquired CityLights solar power project, a 10-megawatt AC solar power plant, from CSI Solar Project 16 Inc., a subsidiary of Canadian Solar Inc. Two other 10-megawatt AC solar power plants, DiscoveryLight and FotoLight, were acquired by the same subsidiary on December 31, 2014.