Vivek Bakshi Partner | Toronto

Mergers and Acquisitions

• Capital Power on its C$340-million sale of a 49% interest in a 246 MW wind portfolio consisting to Axium Infrastructure, consisting of Quality Wind facility in British Columbia and Port Dover and Nanticoke Wind facility in Ontario

• Enbridge on its acquisition of a 24.45% interest in German offshore wind farms Hohe See and Albatross from CPPIB with an aggregate deal value of €625-million

• Parkland Corporation on its C$115-million sale of its Canadian commercial propane business to Avenir Energy Ltd. and to its exclusive agreement to supply propane to Avenir Energy Ltd.

• Parkland Corporation on its acquisition of 163 Husky and Essor retail locations across Canada

• Enbridge on the sale of a 49% interest in a portfolio of offshore French windfarms to CPPIB

• AIMCo, HOOP and IMCO on their collective A$10.2-billion acquisition of AusNet Services Ltd. 

• IMCO on its sale of its interest in Viesgo Infraestructures, a Spanish electricity distributor and generator, to Macquarie Infrastructure and Real Assets

• Atura Power on its C$2.8-billion acquisition of an 1,858 MW portfolio of combined-cycle natural gas-fired power plants in Ontario from TC Energy, consisting of Napanee Generating Station, Halton Hills Generating Station and Portlands Energy Centre

• OPG on its acquisition of a 50% interest in Brighton Beach Generation Station, a 560MW combined-cycle natural gas-fired facility, from Canadian Utilities Limited

• Enbridge on its C$1.75-billion sale of a 49% in a portfolio of renewable power assets in North America and Europe to CPPIB

• Capital Power on its C$216-million sale of a minority interest in the K2 Wind project, a 270MW wind generation facility in Ontario, to Axium Infrastructure

• Capital Power on its acquisition of 284 MW of natural gas-fired power assets in Ontario consisting of East Windsor Cogeneration Centre and York Energy Centre and 10MW of zero-emissions waste heat generation facilities in British Columbia  

• Capital Power Income L.P. on its C$1.1-billion sale to Atlantic Power Corporation

• Andean Resources on its C$3.6-billion sale to Goldcorp Inc.

Project Development

• Various proponents in connection with commercial agreements involving Indigenous groups, including joint venture, partnership, funding and impact benefit agreements  

• Various proponents in connection with the IESO’s Expended Long-Term, Long-Term 1 and Long-Term 2 procurements, including with respect to battery energy storage systems and natural gas projects

• Enbridge in connection with the strategic restructuring of Maple Power Ltd, a joint-venture vehicle between Enbridge and CPPIB, focused on developing and constructing offshore wind projects in France

• Atura Power with respect to its 250 MW battery energy storage project, including with respect to joint venture structuring, financing, construction and regulatory matters

• Various developers of LNG liquification facilities and buyers and sellers of LNG, including in connection with regasification terminal capacity rights

• National Bank as underwriter, lead arranger, administrative agent and collateral agent for a syndicate of lenders providing credit facilities for the development, construction, operation and ownership of LunarLight, a 10 MW solar project in Ontario

• National Bank as administrative agent and lender in connection with the C$75-million project financing for the development, construction, operation and ownership of Bull Creek Wind, a 29.2 MW wind project in Alberta

• SkyPower Global on its US$1.3-billion investment in photovoltaic solar energy facilities in Uzbekistan.

• MUFG, Union Bank and SMBC on a C$121-million project financing in connection with the development, construction, operation and ownership of a 40 MW wind power energy facility of Grand Valley 2 Limited Partnership in Ontario

• National Bank as administrative agent and lender in connection with the C$215-million project financing for the development, construction, and commissioning of a 38.5 MW portfolio of solar projects in Ontario

• Royal Bank as administrative agent and lender in connection with a C$420-million refinancing for St. Clair Energy Centre, a 584 MW combined cycle natural gas-fired energy generation facility on Ontario

• RES Canada on its application for designation in the Ontario Energy Board’s East-West Tie Procurement

• Chambers Global Legal Guide 2026 (Energy: Power (Transactional))

• Chambers Canada Legal Guide – 2020–2026 (Energy: Power (Transactional))

• The Best Lawyers in Canada – 2017–2026 (Energy Law)

• The Legal 500 Canada (Energy and Natural Resources – Power)

• The Canadian Legal Lexpert Directory (Energy (Oil & Gas))

• Lexpert Special Edition: Energy

• Lexpert Special Edition: Infrastructure