SkyPower Completes RESOP Refinancings
Goodmans LLP represented SkyPower Operations, Limited (“SkyPower”), a portfolio company of CIM Group Investments (“CIM”) in connection with the completion of five concurrent refinancings totalling $250 million by Nomura Securities International, Inc. (“Nomura”) of its seven renewable energy standard offer program (RESOP) projects located in various locations in Ontario.
SkyPower co-owns one of the projects with SunEdison Canada LLC, two with BlackRock Global Energy & Power Infrastructure Fund and one with Firelight Infrastructure Partners. This is a significant refinancing in the renewable energy sector in Ontario involving some of the oldest solar parks in the province.
Featured Work
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Banking and Financial Services
Algoma Steel secures C$500 million in government financing facilities
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Capital Markets
CIBC Capital Markets leads C$700 million Oxford Properties Group Trust debt offering
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Mining
Coeur Mining, Inc. to acquire New Gold Inc. for US$7 billion
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Mergers and Acquisitions
Andlauer Healthcare Group acquired by UPS
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Mergers and Acquisitions
RF Capital Group acquired by iA Financial Corporation in C$597 million all-cash transaction
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Private Equity and Venture Capital
Dragoneer Investment Group co-leads C$750 million equity financing for Wealthsimple Technologies Inc.
Goodmans LLP acted as Canadian counsel for Dragoneer Investment Group in connection with its investment in Wealthsimple’s C$750 million equity financing round. Dragoneer and Singapore sovereign wealth…