Lawyer Profile
Scott A. Kraag
Toronto, Ontario
Overview
One of Canada's leading project finance lawyers, Scott gives clients rigorous, solution-focused counsel to help them advance their objectives in lending matters of all levels of complexity.
Head of Torys’ Project Finance practice and co-head of the Banking and Debt Finance practice, Scott has broad experience representing all of the principal parties on projects, including lenders, sponsors, equity investors, arrangers and underwriters, contractors, service providers and public authorities, on a variety of complex project finance transactions. His work regularly focuses on the energy, infrastructure and mining industries.
Scott’s finance experience extends to corporate banking transactions and he frequently advises lenders and borrowers in transactions which include bank credit facilities, bond financings, structured finance transactions, mezzanine financings and derivatives.
Scott is a very solution-oriented and commercial lawyer who manages large mandates well.’
the lender to Bekevar Wind L.P., a partnership between Renewable Energy Systems Canada Inc. and Awasis Nehiyawewini Energy Development, in the project financing of the 200 MW Bekevar Wind Farm in southeastern Saskatchewan
Ontario Power Generation in its C$970 million funding agreement with the Canada Infrastructure Bank in connection with the development of the G7’s first on-grid small modular reactor (SMR) technology at its Darlington New Nuclear Project—the largest investment in clean power by Canada Infrastructure Bank to date
CarbonFree Chile, backed by CarbonFree Technology Inc. and Connor Clark & Lunn Infrastructure Ltd., in its US$360 million refinancing of a portfolio of 53 solar projects in Chile under the special regime for distributed generation projects (PMGD), including a US$270 million private placement of hybrid bonds, a US$71 million bridge-loan facility and a US$19 million letter of credit facility—the largest portfolio of PMGD solar projects financed in Chile to date
the lenders in connection with the project financing for the 465 MW Travers Solar Project in southern Alberta, owned by Copenhagen Infrastructure Partners
Practice Areas
Bar Information
Called to the bar: 1998 (BC); 2002 (ENG/WALES); 1998 (ON)