855 2nd St SW, Suite 3500, Bankers Hall, East Twr, Calgary, AB
Year called to bar: 2005 (AB)
Nick's practice focuses on banking, corporate lending, acquisition finance, project finance, transactional debt-related work and ongoing advisory services on completed transactions. He regularly acts on secured and unsecured debt financing transactions, syndicated loan transactions, cross-border financings, acquisition financings, project financings, note and bond deals, debt reorganizations, asset-based lending transactions, and intercreditor arrangements. Nick works primarily in the energy, oil and gas and related service industries, power generation, renewable energy and on related construction and project development financing matters. He regularly acts on behalf of Canadian and foreign financial institutions and corporations in respect of their debt transactions.
A sustainability linked credit facility is a new type of arrangement in which financial institutions agree to reduce or increase the borrowing costs as sustainability
On August 31, 2018, the Government of Canada indirectly acquired the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP), through Trans Mountain Corp. (a subsidiary of the Canada Development Investment Corp. (CDEV)) from a subsidiary of Kinder Morgan Canada Ltd. (KML) for cash consideration of $4.5 billion.
On December 8, 2016, Source Energy Services Canada LP (“Source LP”) and Source Energy Services Canada Holdings Ltd. (“Source Holdings” and together with Source LP, “Source”) completed its offering of $130-million aggregate principal amount of senior secured first lien notes (the “Notes”).
A subsidiary of BluEarth Renewables Inc. acquired the GoodLight solar power project, a 10-megawatt AC solar power plant located in the town of Kawartha Lakes, Ontario, valued at over C$66 million, from Canadian Solar Solutions Inc., a wholly owned subsidiary of Canadian Solar Inc. This acquisition is the second of four planned solar projects being acquired by BluEarth Renewables Inc. from Canadian Solar Inc.
