Overview

Under the agreement of this take-private transaction worth C$9 billion, Boralex will continue to operate as an independent private company following closing.

Our Outlook Series 2026 provides forward‑looking analysis of the most important legal, regulatory, and market developments affecting Canadian organizations.

Heba Al-Shakarchi is counsel in our Financial Services group in Toronto. Her practice is focused on lending and secured financing transactions, with an emphasis on the project finance, power and infrastructure sectors. She regularly represents Canadian and foreign sponsors, borrowers, project companies, commercial banks and non-bank lenders on a range of domestic and international financing transactions.

Heba is a frequent panelist and presenter on lending and market trends of interest to major lenders and financial institutions. She is a board member of Banking Together, a Toronto-based industry group dedicated to promoting leadership and cooperation among lawyers and professionals identifying as women or non-binary in the banking and financial services space. Heba also sits on the steering committee of McCarthy Tétrault’s Toronto Parenthood Group.

Heba received a Masters of Laws from Harvard Law School and a Bachelor of Laws (with Honours) from University College London. She qualified as a solicitor in England and Wales in 2012, and was called to the Ontario bar in 2017.

Practice Areas

• Banking/Finance
• Corporate & Commercial Law

Bar Information

Called to the bar: 2012 (ENG/WALES); 2017 (ON)