Project Finance

We advise sponsors, lenders and investors on complex project financings, delivering innovative legal solutions that secure funding and drive projects to completion.
Key Contacts
Beaudoin YannickBright DeniseMantini PaulRasile MarkDawson Karen
Construction workers

Overview

Innovative, creative and commercially-sound solutions must complement traditional financing structures and methods in order to finance a major project. Regardless of the industry, legal counsel with an understanding of major projects and structured finance techniques is essential to obtaining the funds and security required.

Our firm's experience extends from assisting start-up companies in emerging industries to financing infrastructure and public private partnerships (PPP, P3, AFP). The breadth of our experience includes facilitating loan agreements, monetizations, securitizations, restructurings and co-financings from multiple credit institutions. In addition, due to our depth, we are able to provide our financing clients the added scrutiny of our leading tax, regulatory, litigation and commercial minds, where necessary.

Client Work

Skandinaviska Enskilda Banken
in term loan facilities totalling $385 million and $125 million revolving credit facility made to a corporation in the medical technology industry
ME Global
on its $450 million senior debt financing with a syndicate led by Mizuho
Government of Nunavut
in the procurement of new facilities at the Iqaluit International Airport under a public-private partnership model
Raleigh Wind Power
in its $179,000,000 project financing of the Raleigh Wind Energy Project
Vanguard Plastics
in financing its investment in the Primex Group
TD
in the successful bid by PCL Constructors Canada
TD
in a $181 million re-development of The Ottawa Hospital General Campus and the Queensway-Carleton General Campus
SkyPower
in the sale of its Terrawinds wind energy project near Riviere-du-Loup, Quebec and related assets for approximately $300 million
EllisDon
in the $104.1 million alternative financing and procurement transaction involving the redevelopment of the Mississauga and West Toronto campuses of Trillium Health Centre
EllisDon
in the $131.9 million alternative financing and procurement transaction involving Phase Two of Hopital Regional de Sudbury Regional Hospital's redevelopment project
EllisDon
in the $44.9 million alternative financing and procurement transaction involving the redevelopment of the Hamilton General Hospital campus
Corpfinance
$36.4 million project financing for the Stoney Nakoda First Nations casino in Alberta
BNP Paribas
in the completion of a cross-border US$180-million term loan B facility and a US$15-million working capital facility for Connacher Finance
Infrastructure Ontario
in the alternative financing and procurement transaction for a new acute care hospital and cancer centre in St. Catharines
Infrastructure Ontario
in the $93 million alternative financing and procurement transaction involving the construction and financing of the new Roy McMurtry Youth Centre in Brampton
Infrastructure Ontario
in the $214 million expansion and redevelopment of Bluewater Health's Norman Site
Infrastructure Ontario
in the alternative financing and procurement transaction for the North Bay Regional Health Centre
Access Pipeline
in a $400-million joint venture between MEG Energy Corporation and Devon ARL Canada
Falls Management
in the project development of the Niagara Gateway Casino Complex
Mackenzie Valley Aboriginal Pipeline Group
in connection with the negotiation and structuring of commercial agreements including ownership agreements among various aboriginal groups
Azurix
in the Hamilton-Wentworth water and wastewater system public-private partnership
ATCO
in its involvement in the Athabasca Oil Sands Cogeneration Projects (150 MW and 170 MW; $274 million)
ATCO
in the $1.5 billion, 1000-MW Barking Independent Power Project in London, England
ATCO
in the project financing of seven independent power projects

Recognitions

Canadian Legal Lexpert Directory
Repeatedly Recommended, Project Finance (Calgary and Toronto) 
IFLR 1000 Finance and Corporate
Ranked, Banking Project Finance
Dawson Karen

Karen J. Dawson

Partner  •   Co-Head of Banking & Secured Transactions Practice

At the centre of market-shaping deals and high-stakes disputes, Bennett Jones delivers clarity, strategy and results. Our cross-border teams turn complexity into progress, always focused on what drives your success.

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The Bennett Jones Story

At Bennett Jones, legal solutions are our starting point. What drives us forward is knowing our clients inside and out—their ambitions, obstacles and success metrics.

For more than a century, we have shaped outcomes that matter in business, in law and in the broader Canadian landscape. And our commitment extends beyond legal matters: we invest deeply in the communities in which we live and work.