On January 18, 2017 ENERCON Canada Inc. (“ENERCON”) sold all of its interest in the 230 MW Niagara Region Wind Farm (“NRWF”) to Boralex Inc. ("Boralex") for total cash consideration of $232.4 million. The Project is equipped with 77 state-of-the-art ENERCON E-101 wind turbines of 3 MW each and provides power to thousands of Ontario homes with clean, emission and pollution free energy. Fasken Martineau advised ENERCON Canada Inc. with a team led by Peter Ascherl and that included Will Shaw, Laura Fetter (M&A), Jon J. Holmstrom, Jay Choi, Noel Chow (Project Finance) Chris Steeves (Tax), Huy Do (Competition) and Paul King (Real Estate).
Client Work
Enercon Canada sells all of its economic interest in the Niagara region wind farm project to Boralex
Fasken
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Overview
Overview
Team
Team
- Will Shaw, Partner | Co-leader, Technology, Media and Telecommunications and Co-leader, Emerging Technology, Toronto, ON, +1 416 865 4554, wshaw@fasken.com
- Laura Fetter, Counsel | Emerging Technology & Venture Capital, Toronto, ON, +1 416 865 4450, lfetter@fasken.com
- Jon J. Holmstrom, Partner | Banking & Finance, Toronto, ON, +1 416 865 5125, jholmstrom@fasken.com
- Christopher Steeves, Partner | Leader, Tax Law, Toronto, ON, +1 416 868 3401, csteeves@fasken.com
- Huy Do, Partner | CO-LEADER, COMPETITION, MARKETING & FOREIGN INVESTMENT | LEADER, SOUTHEAST ASIA GROUP, Toronto, ON, +1 416 868 3505, hdo@fasken.com
