Wataynikaneyap Power Transmission Project

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


A syndicate of lenders


$1.9 billion


Public Private Partnerships (P3)

Date Closed

October 2019



Lead Office



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, Jeff St. Aubin (Commercial), Richard King (Regulatory, Environmental, Aboriginal and Land), Adrian Hartog, Josh Disenhouse (Real Estate), Ryan Hayes and Arshia Asif (Banking and Financial Services).