Torys named North America Legal Adviser of the Year 2020 at the IJGlobal Awards
Torys is delighted to announce that we have been named North America Legal Adviser of the Year for infrastructure at 2020 at the IJGlobal Awards. Additionally, four infrastructure transactions we advised on in 2020 were recognized at the awards.
According to the independent panel of judges, “Torys was singled out because it is the only law firm with an integrated infrastructure practice on both sides of the U.S./Canada border, with the ability to advise on the planning, procurement and development of significant projects and implement secondary markets trades and refinancings.” One judge commented that Torys was received the award "due to the volume, scope and complexity of its multi-sector infrastructure deals... and led the industry by creating new project finance structures, such as the use of a gas netback."
Torys acted as legal counsel to the Cascade Power (Kineticor/Macquarie Capital/OPTrust) partnership on construction, financing and operational aspects of the development of the C$1.5 billion Cascade Power Project (Cascade), a 900 MW combined cycle natural gas-fired power generation facility in Yellowhead County near Edson, Alberta.
North America Social Infrastructure Education Deal of the Year
Torys acted as counsel to Prince George's County Education and Community Partners (Fengate/Gilbane/Stantec/Honeywell) as the successful proponent for the US$400 million Prince George's County Public Schools (PGCPS) PPP project to design, build, finance and maintain six new schools in Prince George County, Maryland.
North America Digital Infrastructure Deal of the Year
Torys acted as counsel to John Laing (USA) Limited & Cubic Transportation Systems Inc. in the US$440 million refinancing of the Automated Fare Collection System 2.0 PPP project to design, install, finance, operate and maintain a new automated, account-based open fare payment system for the Massachusetts Bay Transportation Authority.
Torys acted as counsel to LNG Canada Development in its arrangements with TransCanada Corporation to design, build, own and operate the C$6.6 billion Coastal GasLink Pipeline Project, a 650 km natural gas pipeline from the Groundbirch area near Dawson Creek, B.C. to the LNG Canada liquefied-natural-gas export facility being constructed near Kitimat, B.C., including the negotiation of take-or-pay transportation series agreements.