Nick’s practice focuses on finance, private M&A, and energy, with a particular emphasis on project finance, public–private partnerships, infrastructure and energy development/acquisitions, and secured lending. He has participated in numerous project finance, public–private partnership, infrastructure, private M&A, and private equity transactions across multiple sectors, including energy, infrastructure, and mining. He also has significant expertise in syndicated lending, having acted for lenders and borrowers on syndicated domestic and multijurisdictional financing transactions. Clients of various types—including banks, life insurance companies, infrastructure funds, investors, developers, and government agencies—rely on Nick for his insightful advice. Select Recognition: Chambers Global; Chambers Canada; IFLR1000; The Legal 500 Canada; The Lexpert®/American Lawyer Guide to the 500 Leading Lawyers in Canada; Best Lawyers in Canada’s Toronto Public Finance Law Lawyer of the Year 2019 and 2021 and Project Finance Law Lawyer of the Year 2018; Lexpert® Special Edition — Energy, Finance and M&A, and Infrastructure; Who’s Who Legal: Project Finance; Who’s Who Legal: Government Contracts.
On June 22, 2018, Axium Infrastructure (Axium) and Manulife Financial Corporation (Manulife), through a special-purpose acquisition vehicle Northwestern Hydro Acquisition Co Inc., completed their acquisition of a 35% indirect equity interest in the Northwest British Columbia Hydroelectric Facilities (the Facilities) from AltaGas Ltd. (AltaGas).
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 June 19, 2017, Pattern Energy Group Inc. (PEGI), Pattern Energy Group LP (Pattern Development 1.0), Pattern Energy Group 2 LP (Pattern Development 2.0) and together with Pattern Development 1.0 (Pattern Development), Riverstone Holdings LLC and the Public Sector Pension Investment Board (PSP Investments) announced a series of strategic initiatives
On December 3, 2015, Bruce Power L.P. (Bruce Power) and the Independent Electricity System Operator (the IESO) entered into the Amended and Restated Bruce Power Refurbishment Implementation Agreement (the ARBPRIA) to extend the operating life of the Bruce Power facility to 2064.