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Nalcor Energy completes C$7.9 billion financing of the Muskrat Falls project

Fasken
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Overview

Client

Nalcor Energy

We are lead counsel to Nalcor Energy in connection with the $7.9 Billion financing of the Muskrat Falls Project.  We assisted Nalcor in connection with a number of amendments and negotiations over the past year with Canada, that acts as guarantor for all the bonds issued on the capital markets by the special purpose trusts, to account for cost overruns, construction delays and project contractor defaults, and we have provided ongoing support and advice with respect to the project and the financing.
 
Fasken advised Nalcor Energy on all aspect of the financing with a team led by Anegla Onesi and Felix Gutierrez, including Alexandre Gagnon, Svetlana Samochkine and Alain Ranger

Team

  • Angela C. Onesi, Partner | Co-Leader, Banking and Finance, Montréal, QC, +1 514 397 7681, [email protected]
  • Félix Gutierrez, Partner | Project Finance, Montréal, QC, +1 514 397 5136, [email protected]
  • Alexandre Gagnon, Partner | Banking & Finance, Montréal, QC, +1 514 397 5112, [email protected]
  • Svetlana Samochkine, Partner | Banking & Finance, Montréal, QC, +1 514 397 5258, [email protected]
Angela Onesi Montréal Partner/Associée Angela C. Onesi Partner | Co-Leader, Banking and Finance Montréal, QC +1 514 397 7681
Félix Gutierrez Associé/Partner Montréal Félix Gutierrez Partner | Project Finance Montréal, QC +1 514 397 5136
Alexandre Gagnon Associé/Partner Montréal Alexandre Gagnon Partner | Banking & Finance Montréal, QC +1 514 397 5112
Svetlana Samochkine, Partner | Banking & Finance Svetlana Samochkine Partner | Banking & Finance Montréal, QC +1 514 397 5258