Axium Infrastructure acquisition of renewable portfolio from Canada Pension Plan Investment Board

On Jan. 12, 2021, Axium Infrastructure completed the acquisition of a 49 per cent interest in Cordelio Power’s 396 MW renewable portfolio from the Canada Pension Plan Investment Board. The portfolio includes four wind power generation facilities — Summerhaven, Conestogo, Varna and Jericho — and two solar power generation facilities — Sombra and Moore — all located in Ontario.

Davies Ward Phillips & Vineberg LLP represented Axium with a team that included
Anthony Spadaro,
Shayna Goldman (corporate/M&A);
Sarah Powell (energy);
Charles Tingley (antitrust);
Marc André Gaudreau Duval,
James Trougakos (tax);
Gabriella Lombardi (real estate).

Torys LLP represented Cordelio Power with a team that included
Huw Evans,
Jacob Posen,
Taylor Overing,
Claire Chapman,
Jason Lamb (corporate/M&A);
Scott Kraag,
Aren Thomasian (lending);
Jerald Wortsman,
Benjamin Mann (tax);
Andy Gibbons,
Brandi Tye (real estate);
Jonathan Myers (regulatory);
Omar Wakil,
Ian Li (competition);
Michael Fortier (environmental);
Scott Bell (pensions).


Anthony Spadaro Huw Evans


Davies Ward Phillips & Vineberg LLP Torys LLP