Find Lawyers in Vancouver, British Columbia for Project Finance Law
Practice Area Overview
Project finance is a commonly used funding solution for large-scale, long-term, capital-intensive projects. The assets financed are often used in industries such as energy (including power generation and transmission and oil and gas processing and transportation), mining, telecommunications, transportation, heavy industry, and social infrastructure.
Financing for these projects comes from both equity investors (sponsors) and debt financiers, who lend principally against the cash flows projected to be generated by the project. Lenders focus on the structuring and merits of the project rather than the assets or credit standing of the sponsors. Although the loans will be non-recourse or limited-recourse to sponsors, sponsors are usually required to provide some support for the project by way of limited guarantees and other commercial commitments.
Project finance lawyers can be engaged at various stages of a project’s development – from structuring, contracting and financing through to construction and operation – and therefore must provide legal services from a wide range of practices, including corporate, securities, commercial contracts, financial services, tax, real estate, construction, aboriginal, environmental, and regulatory compliance.
International project finance also requires cooperation and partnership with both industry and government in the host country of the project. Experience with cross-border issues (in both the private and public spheres) and knowledge of the legal systems and business practices of the project’s host country will be useful to counsel to both sponsors and lenders.
Because project finance focuses heavily on the risk profile of the project, project finance lawyers also should have a good understanding of the relevant industry, construction, operation, commercial, legal, geographic, political, and regulatory risks of the project. Familiarity with project finance structures and processes, credit and security documentation, due diligence, and an understanding of how project risks are customarily allocated and mitigated all contribute to the effectiveness of project finance counsel.
Michael Allen has extensive experience in corporate finance and banking law, and he regularly acts for both lenders and borrowers in international project finance matters. In addition, he is recognized for his experience in secured transactions and public-private partnerships, and for large commercial restructurings and work-outs. Mr. Allen's industry sector experience includes mining, energy, forestry and telecommunications. His infrastructure experience includes both transportation projects...
David Bain practises commercial law with a specialty in debt financing. Since 1983 he has advised a wide range of clients on various aspects of commercial law with particular emphasis on debt financing and lending transactions, including project finance. Mr. Bain serves clients including Canadian and foreign banks and non-bank and private lenders, as well as corporate borrowers in a variety of industries. Over the past 30 years he has been involved in many of British Columbia's most significa...
Douglas Buchanan, QC, is the Global Head, Infrastructure and Resources at Norton Rose Fulbright. His practice focuses on project development, project finance and M&A with an emphasis on infrastructure, public-private partnerships (PPP), natural resources and power generation. Prior to joining Norton Rose Fulbright, Mr. Buchanan was the co-head of the global infrastructure and project finance group at an international law firm based in New York City. Prior to that, he had built a leading i...
Hugh is a Shareholder and the Chair of Boughton Law’s Banking Group. Hugh represents a variety of commercial lenders and borrowers, including banks, credit unions, life insurance companies and pension funds, on all types of loans, from simple mortgage transactions to complex multi-jurisdictional credit facilities; the financing of all types of real estate investments; CMHC insured loans over multi-unit residential buildings; issues of bonds, debentures and other instruments; project fin...
Mandeep’s practice deals mainly with banks and private lenders in both secured and unsecured financing transactions. Mandeep has experience in the preparation and negotiation of loan and security documentation for real estate financing, including construction lending and permanent financing, subordinated debt financing and related intercreditor arrangements, leasing and other asset-based financing structures, hedging, securitization and aircraft finance. He serves as counsel to insuranc...
Jenya Hammond is a business lawyer whose work focuses on all aspects of infrastructure and construction projects, as well as general commercial matters. Jenya's experience includes all aspects of infrastructure projects, from project planning, design and procurement to construction, operation and maintenance across a range of project delivery models, including public-private partnerships. She regularly advises owners and bidders on RFP, tender and other procurement processes, including the st...
Michael is a member of the Lending / Insolvency team. He has over 40 years of experience in this practice area, and is regularly recognized for his knowledge and expertise in his field. He has focused his practice on banking, financing, and real estate matters. His experience allows him to provide basic and innovative financing techniques and banking solutions in comprehensive and timely manner. Michael primarily works with Canadian chartered banks and other commercial lenders. He has been en...
Jay LeMoine is the Canadian head of our infrastructure sector. He is a business lawyer whose work focuses on the commercial aspects of infrastructure projects and business transactions. His practice includes negotiating, drafting and implementing commercial contracts, business structures, public-private partnerships and infrastructure agreements. In addition to his P3 work, Jay regularly advises on a variety of business transactions, including commercial financings, acquisitions and divestitu...
Michael has over 20 years experience representing both lenders and borrowers in a wide range of transactions involving debt financing, including operating and term credit facilities provided by banks and other financial institutions (both individually or as part of a syndicate), acquisition financing, including leveraged buyout transactions which frequently involve multiple tiers of secured and unsecured debt, commercial lease financing, asset-based loan facilities and subordinated or mezzani...
Maria practises business law with a particular emphasis on infrastructure, including public private partnerships. Maria has provided legal advice in the following matters: advising the public sector, private sector and lenders on public private partnership and other alternate financing and procurement transactions, advising on various secured and unsecured credit facilities and project financings for lenders and borrowers, advising on various mergers and acquisitions for private companies, ad...
Jamie Templeton is Co-Head of the Projects & Infrastructure Group at Stikeman Elliott and his practice includes all aspects of infrastructure investment, M&A, project finance and banking. Since 2001 he has advised on major infrastructure projects in Europe, Australia and Canada. His recent experience includes advising on many infrastructure projects including project financings and M&A in the infra, energy/renewables and resources sectors.
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