Scott Kraag
Scott Kraag
Partner at Torys LLP
(416) 865-7980
(416) 865-7380
79 Wellington St W, Suite 3000, Box 270, TD Ctr, Toronto, ON
Year called to bar: 1998 (BC); 1998 (ON); 2002 (England & Wales)
Head of the Torys Project Finance practice and co-head of the Banking and Debt Finance Practice. Practice focuses on corporate project finance, with particular emphasis on infrastructure (P3), energy and mining. Has represented all of the principal parties on a variety of project finance transactions, including lenders, sponsors, equity investors, arrangers and underwriters, contractors, service providers and public authorities. Also has extensive experience in banking law and regularly advises lenders and borrowers in sophisticated international and domestic debt financing transactions. An Adjunct Professor of law at Osgoode Hall Law School where he teaches commercial law. Ontario Bar, 1998. British Columbia Bar, 1998. LLB (magna cum laude), 1996, University of Ottawa.
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Kineticor Resource Corp. successfully closed financing on the $1.5 billion Cascade Power Project
On November 21, 2016, Axium Infrastructure (“Axium”) acquired a 100 per cent equity interest in an 84 MWAC (110 MWDC) solar portfolio from Renewable Energy Trust Capital (“RET”).
On December 18, 2015, New Flyer Industries Inc. (New Flyer) completed its acquisition of Motor Coach Industries International, Inc. (MCI) from an affiliate of KPS Capital Partners, L.P. for cash consideration of US$455 million, subject to certain purchase price adjustments.
On March 30, 2015, a subsidiary of Renewable Energy Trust Capital, Inc. acquired CityLights solar power project, a 10-megawatt AC solar power plant, from CSI Solar Project 16 Inc., a subsidiary of Canadian Solar Inc. Two other 10-megawatt AC solar power plants, DiscoveryLight and FotoLight, were acquired by the same subsidiary on December 31, 2014.