Vesta Energy Corp. completes $295M equity financing

Vesta Energy Corp. (Vesta) completed a $295-million equity financing co-led by energy private equity firms Riverstone Holdings, LLC (Riverstone) and JOG Capital Corp. (JOG). Other investors included members of the Vesta management team.

Vesta’s financial advisors were BMO Capital Markets and Goldman Sachs Canada.

Bennett Jones LLP acted as legal counsel to Vesta with a team including John Mercury, David Spencer, Kahlan Mills, James McClary, John Lawless, Steve Gow, Bradley Eidsness (corporate) and Darcy Moch (tax).

Latham & Watkins LLP acted as US legal counsel to Riverstone with a team including Nicholas Luongo, Elizabeth More and Cierra Warren (corporate).

Norton Rose Fulbright Canada LLP acted as Canadian legal counsel to Riverstone with a team including Justin Ferrara, Grant Stevens and Kyle Johnson (corporate) and Ryan Keays and Tina Sun (energy).

Blake, Cassels & Graydon LLP acted as legal counsel to JOG with a team of Daniel McLeod and Trevor Rowles (corporate).