“Sarah Powell is a wizard on environmental matters.”
Client – Chambers Global 2016
Sarah uses her thorough understanding of evolving issues in environmental and energy law to provide clients with practical, concise advice. She works with clients – both directly and as a member of Davies’ transaction teams – to evaluate environmental and social risks in Canadian and international deals.
Mining, renewable energy and Indigenous issues are significant areas of focus. Sarah is also very successful at advocating before administrative tribunals regarding permitting for infrastructure, resource development and manufacturing projects.
Sarah is a member of our Management Committee. She is deeply involved in the development and reform of Canadian environmental law and has held many leadership roles in prominent legal and business organizations.
Axium Infrastructure Inc.
Acted for Axium Infrastructure Inc. in its acquisition from the Canada Pension Plan Investment Board of a 49% interest in an approximately 396 MW portfolio of four wind generation facilities (Summerhaven, Conestogo, Varna and Jericho) and two solar generation facilities (Sombra and Moore), all located in Ontario.
Premium Brands Holdings Corporation
Acted for Premium Brands Holdings Corporation in its groundbreaking partnership with a coalition of Mi'kmaq First Nations to jointly acquire Clearwater Seafoods Incorporated, Atlantic Canada's largest wild seafood company, for approximately $1 billion.
Alimentation Couche-Tard Inc.
Acting for Alimentation Couche-Tard Inc. in the strategic disposition of its operating gas station sites operating under the banners Circle K and Couche-Tard in prime locations in Ontario and Québec.
The Pallinghurst Group
Acted for The Pallinghurst Group, a private investor in the global natural resources sector, in its joint 50-50 acquisition with Investissement Québec of Québec-based Nemaska Lithium Inc. pursuant to a sales process under the Companies' Creditors Arrangement Act. The acquisition was structured as a credit bid with Nemaska's largest secured creditor, Orion Mine Finance, and achieved through a reverse vesting order granted by the Superior Court of Québec and upheld by the Québec Court of Appeal.
Acted for PSP Investments in its acquisition of 49% of the Class B interests held by an affiliate of Pattern Energy Group LP in the 324.3 MW Broadview wind project located in Curry County, New Mexico, and Deaf Smith County, Texas.
Acted for PSP Investments in its acquisition of a 49% interest from an affiliate of Pattern Energy Group LP in the 138 MW St. Joseph wind project located in Manitoba.
Axium Infrastructure Inc.
Acted for Axium Infrastructure Inc. in connection with its equity investment in a 900 MW combined cycle natural gas power plant to be built near Edson, Alberta, known as the Cascade Power Project. This project won Project Finance International's Canadian Power Deal of the Year award for 2020.
The Manufacturers Life Insurance Company
Acted for The Manufacturers Life Insurance Company in the C$92.8 million non-recourse construction and term project financing for the Innavik Hydro Project, a 7.5 MW run-of-river hydroelectric facility being developed on the Innuksuac River in northern Québec by the first ever partnership between an Inuit corporation, which was formed under the James Bay and Northern Québec Agreement, and a leading independent power producer.
Axium Infrastructure Inc.
Acted for Axium Infrastructure Inc. in its acquisition from Osaka Gas Co., Ltd. of a 50% interest in a portfolio of nine solar farms located in Ontario.
Syndicate of Underwriters
Acted for a syndicate of underwriters led by J.P. Morgan, BMO Capital Markets, Goldman Sachs & Co. LLC, RBC Capital Markets and Scotiabank on the US$2.2-billion cross-border initial public offering of subordinate voting shares and tangible equity units of GFL Environmental Inc., the fourth largest diversified environmental services company in North America. The offering is one of the largest IPOs in Canadian history.
Davies Governance Insights 2020, contributor
Oct. 05, 2020 - Davies Governance Insights 2020 provides a comprehensive analysis of the trends and developments that have shaped the corporate governance landscape and those that are expected to define the next decade. Against the backdrop of the COVID-19 crisis, this year’s report explores key issues...
IESO Releases Contract Review Directive Report
Sept. 03, 2020 - Last fall Ontario’s Ministry of Energy, Northern Development and Mines directed the Independent Electricity System Operator (IESO) to retain an independent third party to undertake a targeted review of existing generation contracts in the province (see our November 8, 2019 bulletin). The stated...
Ontario to Review Existing Generation Contracts
Nov. 08, 2019 - The Ontario government recently issued an Order in Council approving the issuance of a directive to the Independent Electricity System Operator (IESO) with a view to “identifying viable opportunities to lower electricity prices for Ontario consumers while maintaining system reliability. ” The...
Canadian Securities Regulators Provide Guidance on Climate Disclosure
Aug. 08, 2019 - In recent years, awareness of the potential impacts of climate change on issuers has heightened both in Canada and internationally. As the risks of, and potential opportunities associated with, climate change become better understood, investors and other stakeholders continue to press for greater...
Moderator, Canadian Bar Association, Environmental, Energy & Resources Law Summit, “Canada’s Green Energy Development Shifts West”; Vancouver, BC
May 03, 2019
Green Energy Act Repealed and Municipal Powers to Oppose Renewable Energy Reinstated
Sept. 21, 2018 - The Ontario government has introduced Bill 34, which would repeal the Green Energy Act, 2009. The new legislation, introduced on September 20, 2018, maintains the right of the government to enact regulations to promote renewable energy in the future. However, the current intention to...
In the News
Sarah Powell Discusses Ottawa’s New Environmental Regime in Canadian Lawyer
May 01, 2018 - In the April edition of Canadian Lawyer (available to subscribers), Davies partner Sarah Powell gives her perspective on the federal government’s proposed environmental overhaul introduced in February. Sarah believes there needs to be more clarity about what companies behind major energy...
Canadian Securities Regulators Report on Climate Disclosure
Apr. 06, 2018 - Following on the heels of the recommendations of the Financial Stability Board’s Task Force on Climate-Related Disclosures (Task Force), the Canadian Securities Administrators (CSA) has published its Report on Climate change-related Disclosure Project. The CSA reviewed mandatory and voluntary...
Canada Resets Federal Environmental Assessment for Major Project Reviews
Feb. 09, 2018 - In 2016, the Canadian government launched a formal review of key federal environmental assessment and regulatory processes. Expert panels were established and parliamentary committees engaged to conduct consultations and provide recommendations with respect to the Canadian Environmental...
Pan-Canadian Carbon Pricing Update: Federal Backstop Legislation Proposed
Jan. 18, 2018 - This week, the federal government released, for public comment, draft legislation relating to the proposed federal carbon pricing system. The Greenhouse Gas Pollution Pricing Act provides a complex framework for the implementation of a federal carbon pricing “backstop” to be applied to...
Chambers Global: The World’s Leading Lawyers for Business—Environment (Band 1)
Chambers Canada: Canada’s Leading Lawyers for Business—Environment (Band 1)
The Legal 500 Canada—Environment (Leading Individual)
The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada—Environmental Law
Lexpert Special Edition: Energy
Lexpert Special Edition: Infrastructure
Lexpert Special Edition: Mining
Lexpert Zenith Award—Environmental Law (2014)
Lexpert Guide to US/Canada Cross-Border Lawyers in Canada—Environmental Law
The Canadian Legal Lexpert Directory—Environmental Law (Most Frequently Recommended); Energy: Electricity; Indigenous Law
The Best Lawyers in Canada—Environmental Law (Lawyer of the Year 2018, Toronto); Energy Law (Lawyer of the Year 2017, Toronto); Energy Regulatory Law (Lawyer of the Year 2019, Toronto); Natural Resources Law
Who’s Who Legal: Canada—Environment (Most Highly Regarded); Who’s Who Legal: Environment
Expert Guides’ Women in Business Law; Expert Guides—Environment