We are lead counsel to Nalcor Energy in connection with the $7.9 Billion financing of the Muskrat Falls Project. We assisted Nalcor in connection with a number of amendments and negotiations over the past year with Canada, that acts as guarantor for all the bonds issued on the capital markets by the special purpose trusts, to account for cost overruns, construction delays and project contractor defaults, and we have provided ongoing support and advice with respect to the project and the financing.
Fasken advised Nalcor Energy on all aspect of the financing with a team led by Anegla Onesi and Felix Gutierrez, including Alexandre Gagnon, Svetlana Samochkine and Alain Ranger