Thomas Ostrowerka

Sale of Summit Coal Inc. to Valory Resources

Counsel for Maxim Power Corp. in respect to the sale of Summit Coal Inc. and Summit Coal Limited Partnership to Valory Resources Inc. for $14.2 million. Concurrent with the sale, Maxim and Summit entered into an agreement such that Maxim receives a 3% royalty on any raw coal produced from the coal lease currently owned by Summit, and Maxim through its subsidiary Milner Power Inc. entered into a ground lease, with a nominee of Valory for the construction and operation of a coal processing facility. 

Graham Group’s acquisition of AECOM’s energy operations and maintenance business

Counsel to the Graham Group of Companies in the acquisition of the North American assets of AECOM’s Energy Operations and Maintenance Division. The acquisition positions the Graham Group as the third largest construction company in Canada and Western Canada’s largest industrial services company.

Sale of the of the 131 km Pioneer Pipeline by TransAlta Corporation

Counsel to TransAlta Corporation in connection with the sale by TransAlta and its partner, Tidewater Midstream & Infrastructure Ltd., of the 131 km Pioneer Pipeline to NOVA Gas Transmission Ltd., a wholly owned subsidiary of TC Energy Corporation, for a purchase price of $255 million.

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Decibel Cannabis Company Inc.'s $30 million credit facilities

Counsel to Decibel Cannabis Company Inc. and its subsidiaries in connection with up to $30 million in aggregate credit facilities provided by lender Connect First Credit Union Ltd.

TransAlta Corporation asset acquisition from Kineticor Holdings Limited Partnership

Counsel to TransAlta Corporation in respect of the agreement with Kineticor Holdings Limited Partnership #2 to acquire the Limited Partnership responsible for developing the Three Creeks Power Project (two 230 MW Siemens F class gas turbines and related equipment) for $84 million.

Enerflex Ltd.'s acquisition of Mesa Compression, LLC

Counsel to Enerflex Ltd., through the U.S. entity Enerflex Energy Systems Inc., in its US$106 million acquisition of U.S. based contract compression business, Mesa Compression, LLC.

VolkerWessels Canada Ltd. acquisition of a private construction and highway maintenance company

Counsel to VolkerWessels Canada Ltd. (Volker Stevin) in connection with its acquisition of a private construction and highway maintenance company, Lakes District Maintenance Ltd.

Acquiring and financing solar projects in Alberta

Counsel to a developer in connection with the acquisition and on-going project finance of five solar projects in Alberta.

US Development Group LLC's joint venture with Gibson Energy

Counsel to US Development Group LLC in its 50/50 joint venture with Gibson Energy to advance the financing, development and construction of a Diluent Recovery Unit in Hardisty, Alberta.

Private company's sale of industrial properties to Nexus REIT

Counsel to a private company in its $31 million sale of four industrial properties located in Western Canada to Nexus REIT in consideration of cash and units of a subsidiary limited partnership that are exchangeable for units of Nexus REIT.