The Toronto-Dominion Bank, Alberta Treasury Branches and Business Development Canada

The senior lenders in the financing of the City of Calgary Composting Facility P3 Project

Client

The Toronto-Dominion Bank, Alberta Treasury Branches and Business Development Canada

Value

$143 million

Service

Project Finance

Date Closed

June 2015

Industry

Infrastructure

Lead Office

Toronto


 

Osler acted as counsel to the senior lenders, The Toronto Dominion Bank, Alberta Treasury Branches and Business Development Canada, to a special purpose entity formed by Bird Construction Inc. and Maple Reinders Ltd. in connection with the financing of the City of Calgary Composting Facility P3 Project. The project involves the development of a composting facility capable of processing up to 100,000 tonnes per year (wet weight) of source separated organics and 45,000 tonnes per year (dry weight) of anaerobically digested dewatered biosolids.

Osler represented the senior lenders with a team consisting of Christopher Bennett (Project Finance), Tobor Emakpor (Project Finance/P3), Dana Saric (Corporate), and James Kelsall (Financial Services).


Team
Chris Bennett
Key Contact

Chris Bennett

Partner, Chair of Financial Services Practice

Tobor  Emakpor

Tobor Emakpor

Partner, Commercial

Dana Saric

Dana Saric

Associate, Financial Services