66 Wellington St W, Suite 5300, TD Bank Twr, Toronto, ON
Year called to bar: 2002 (ON)
Lynn Parsons is a partner in McCarthy Tétrault LLP’s Financial Services group in Toronto. Her practice focuses on project finance and secured lending and she regularly advises bank and other financial institutions as well as borrowers in the development and financing of projects in the energy, infrastructure and mining sectors. Lynn is also a co-founder and steering committee member of Women in Energy Canada (WIECAN) whose mission is to bring women involved in all aspects of the energy industry together to foster a strong network of women and ultimately to facilitate professional development, advancement, and support for women in the energy space.
On September 25, 2018, Inter Pipeline Ltd. (“Inter Pipeline”) completed its divestiture of the Heartland Petrochemical Complex’s Central Utility Block (“CUB”) to Fengate Capital Management (“Fengate”), a privately held infrastructure and real estate investment firm.
On December 20, 2017, Axium Infrastructure Inc. (Axium), through a special-purpose acquisition vehicle Axium Infinity Solar LP, and TransCanada Energy Ltd. (TransCanada) completed its acquisition of TransCanada’s Ontario solar portfolio, consisting of eight facilities with a total generating capacity of 105 MW (DC). All eight facilities operate under 20-year power purchase agreements with the Independent Electricity System Operator. The aggregate purchase price was approximately $540 million.
On July 31, 2015, Grand Valley 2 Limited Partnership (Grand Valley), an indirect subsidiary of Veresen Inc. and others, closed on a $121 million project financing to be used for the development, construction, ownership and operation of a wind power energy generation facility near Grand Valley, Ontario.