A syndicate of lenders

A syndicate of lenders in connection with the $1.9 billion Wataynikaneyap Power Transmission Project

Client

A syndicate of lenders

Value

$1.9 billion

Service

Public Private Partnerships (P3)

Date Closed

October 2019

Industry

Infrastructure

Lead Office

Toronto


 

On October 29, 2019, Wataynikaneyap Power announced the close of financing for the Ontario Grid Connection project, Osler acted as counsel to a syndicate of lenders. The project will connect 17 remote First Nation communities in Northern Ontario, to Ontario’s power grid through the construction of 1,800 kilometres of transmission lines, with a goal of eliminating the reliance on financially unsustainable and environmentally risky diesel generation.

Osler, Hoskin & Harcourt LLP acted as counsel to the syndicate of lenders with a team led by Christopher Bennett (Financial Services) and Rocco Sebastiano and including Jake Sadikman (Commercial), Richard King (Regulatory, Environmental, Aboriginal and Land), Adrian Hartog (Real Estate), Jeff St. Aubin (Commercial), Ryan Hayes (Banking and Financial Services) and Josh Disenhouse (Real Estate).


Team
Chris Bennett
Key Contact

Chris Bennett

Partner, Chair of Financial Services Practice

Rocco  Sebastiano

Rocco Sebastiano

Partner, Commercial

Jacob A.  Sadikman

Jacob A. Sadikman

Partner, Commercial

Richard J. King

Richard J. King

Partner, Regulatory, Environmental, Aboriginal and Land

Adrian  Hartog

Adrian Hartog

Partner, Real Estate

Jeff St. Aubin

Jeff St. Aubin

Associate, Commercial

Ryan Hayes

Ryan Hayes

Associate, Banking and Financial Services

Josh Disenhouse

Josh Disenhouse

Associate, Real Estate

Evan Barz

Evan Barz

Associate, Litigation