Canadian Power Holdings Inc. acquisition of two wind power facilities

Canadian Power Holdings Inc., a wholly owned subsidiary of CK Group, acquired two wind power facilities with a combined capacity of 30 MW located in the Okanagan region of B.C. from Instar Asset Management. This included the assumption of the project debt financing. The acquisition marked CK Group’s first renewable energy project in Canada. This was closed on June 1, 2021. The value of the transaction was confidential.

CKI Infrastructure Holdings Limited’s legal team included

Victor Luk,
Jasmine Fong,
Kenneth Wan.

Stikeman Elliott LLP advised Canadian Power Holdings Inc. in the acquisition with a team including
Kurtis Reed,
Fred Erickson,
Kayla Zachariassen,
Chelsea Daku,
Sebastian Maturana (energy);
Colin Burn (corporate);
Michael Dyck,
Andrew Foster (banking and finance);
Rachel Hutton,
Avery Tsang,
Alan Stachowiak (real estate/Indigenous);
Dennis Langen (regulatory);
Julie D’Avignon (tax);
Gary Clarke (employment);
Michael Kilby,
Melissa Morton (competition and foreign investment).

McCarthy Tétrault LLP acted for Instar Asset Management with a team led by
Sven Milelli,
and which included
Maureen Gillis,
Erin O’Callaghan,
Thomas Fung (energy);
Kevin Wright (banking and finance);
Kate McNeece (competition and Investment Canada Act matters);
Selina Lee-Andersen (Aboriginal matters);
Kim Brown (tax);
Craig Shirreff,
Jonathan Cheng (real property matters).

See the news release here.