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
-
Restructuring
Contract Pharmaceuticals CCAA proceedings and sale to Aterian Investment Partners
Goodmans LLP acted as counsel to Contract Pharmaceuticals Limited and its affiliates in connection with their CCAA proceedings and other restructuring… -
Technology
Raymond James Ltd. facilitates $17.5 million equity financing for Vecima Networks Inc.
Goodmans LLP acted for Raymond James Ltd. in connection with the $17.5 million equity financing involving a brokered private placement of 833.2 million Subscription Receipts of Vecima Networks Inc… -
Mergers and Acquisitions
Apotex Inc. acquires Searchlight Pharma Inc.
Goodmans LLP advised Apotex Inc. in connection with its acquisition of Searchlight Pharma Inc… -
Mining
Hudbay Minerals completes US$402 million bought deal equity offering
Goodmans LLP advised Hudbay Minerals Inc. in the public offering of its common shares for aggregate gross proceeds of US$402,477,000, including the full exercise of the underwriters’ overallotment… -
Mergers and Acquisitions
Group led by Michael Andlauer buys Ottawa Senators
Goodmans LLP acted for an entity controlled by Michael Andlauer in its purchase of the Ottawa Senators Hockey Club from the Melnyk Estate… -
Tax
Cineplex announces comprehensive refinancing plan
Goodmans LLP is acting for Cineplex Inc., a leading Canadian entertainment and media company, in connection with its announcement of a comprehensive refinancing plan to improve financial flexibility…