Summary Section Content 1With the increase in renewable energy and the revitalization of power and utilities infrastructure, organizations in the electricity sector are manoeuvring in a constantly shifting competitive environment. To compete effectively, you need a strategic and innovative partner to keep you informed of industry trends, protect your interests, and manage risks while strengthening your business. BLG’s Electricity Group is a top-ranked, multidisciplinary team that has the expertise to offer you advice and information on all legal and business issues, opportunities and developments facing the electricity sector. In particular, the group has extensive experience in the following areas: Power and Utilities We have advised clients on the development, financing, construction and operation of power and utilities projects representing all major technologies. We have a wide range of experience in M&A, restructuring, procurement and complex contractual arrangements in the electricity sector. Project Finance We represent borrowers and lenders on project financing of electricity projects across Canada. Our professionals have in-depth expertise in structuring financing transactions and the intensive due diligence process which is the foundation of a successful project financing. Regulatory We have extensive experience representing clients involved in energy issues before regulatory agencies in all provinces as well as the National Energy Board. Renewables We have in-depth experience in the development, financing, construction and operation of renewables and alternative energy projects including solar, wind, waterpower, geothermal, biomass and biofuels. Tax We help clients determine the appropriate structure in order to maximize tax efficiency, and with structuring partnerships and special purpose corporations to maximize cash flow to on-taxable investors and reduce non-recoverable corporate and capital taxes. In addition, the group provides due diligence on issues such as the characterization of project costs as Class 43.1 and potential application of limitations on the use of tax benefits, and advises on Payments in Lieu of Taxes. Shane Freitag on New Generating Projects Shane Freitag, a partner at BLG and Regional Co-Chair of the Electricity Markets Group, discusses BLG lawyers and New Generating Projects. Publications Section Content 2 "Contested service area amendments: the battle for new electricity customers," Energy Regulation Quarterly, John Vellone, Jessica-Ann Buchta, September 2017. "An update on natural gas expansion in Ontario," Energy Regulation Quarterly, John Vellone, Jessica-Ann Buchta, September 2017. "New Opportunities in the Alberta Electricity Market — A BLG Overview," April 2017 "FERC Decision Highlights Impacts of Out-of-Market Payments on Capacity Auction Design," July 2018."An End to Ontario’s Cap-and-Trade Program," June 2018."Federal Government Announces Greenhouse Gas Pollution Pricing Legislative and Regulatory Proposals," January 2018."Proposed Regulation to Require all Ontario Utilities to Implement Green Button by July 1, 2020," December 2017."Highlights of Ontario’s 2017 Long-Term Energy Plan ," November 2017."Ontario Energy Board Issues Final Report on the Regulatory Treatment of Costs Associated with Pension and Other Post-Employment Benefits," September 2017."New Energy and Water Consumption Reporting to be Phased in for Large Buildings," March 2017."Ontario’s Fair Hydro Plan and Proposed Changes to the Ontario Electricity Support Program (OESP)," March 2017."The Fair Hydro Plan: "The Times They Are A Changing"… Again," March 2017."The Resource: BLG Energy Law Blog December 2016 & January 2017 Digest ," February 2017."Designing Alberta's New Electricity Capacity Market: Work Begins but Much to be Done," January 2017."Ontario Net Metering Regulation: Ministry posts updated regulatory proposal," January 2017."OEB Approves Consolidation of Enersource Hydro Mississauga, Horizon Utilities, PowerStream and Hydro One Brampton Networks," December 2016."Cap and Trade: MOECC Releases Offset Credits Regulatory Proposal," December 2016."Alberta to Cap Electricity Rates and Bring in a Capacity Market," November 2016."THE RESOURCE: BLG Energy Law Blog — October 2016 Digest," November 2016."Alberta's First Competitive Power Procurement Begins," November 2016."New Opportunities in the Alberta Electricity Market — An Overview," October 2016."The Resource: BLG Energy Law Blog July Digest," August 2016."OEB Staff confirm that electric vehicle charging stations can be owned and operated by LDCs," July 2016."The Resource: BLG Energy Law Blog June Digest," July 2016."New Regulations Intended to Encourage Consolidation," June 2016."The Resource: BLG Energy Law Blog May Digest," June 2016."The OEB’s New Consumer Engagement Framework," May 2016."The Resource: BLG Energy Law Blog April Digest," May 2016."AESO Updates Stakeholders on Alberta's Renewable Electricity Program," May 2016."The Resource: BLG Energy Law Blog March Digest," April 2016."The Resource: BLG Energy Law Blog February Digest," March 2016."The Resource: BLG Energy Law Blog January Digest," February 2016."The Resource: BLG Energy Law Blog December Digest," January 2016."The Resource: BLG Energy Law Blog November Digest," December 2015."Alberta's New Climate Change Strategy: What Does It Mean For Renewable Power Project Development In The Province?," November 2015."Alberta's Power Play: Potential Changes Should Bring New Renewable Power Project Opportunities," November 2015."The Resource: BLG Energy Law Blog October Digest," November 2015."The Resource: BLG Energy Law Blog Summer Digest - August and September 2015," October 2015."The Resource: BLG Energy Law Blog July Digest ," August 2015. Representative Work Section Content 3We provide legal and business advice on the following:Transmission and distribution rate designGas supply and transportation issuesConstruction and project management agreementsEnvironmental permitting and complianceLand acquisition, municipal approvals and re-zoning, title questionsOperation and management agreementsSteam sale agreementsPower purchase agreementsEnergy services agreementsDistrict energyIntegrated resource planning for natural gas servicesTax issues related to energy projectsDispute resolutionBonding, insuranceRetention and direction of expertsGovernment relationsMunicipal electric utility restructuring, strategic planning and commercializationFirst NationsWater rightsLicensing Rankings & Recognitions Section Content 4In the 2018 edition of Chambers Canada — Canada's Leading Lawyers for Business - Band 1 for Energy: Power. As the top-listed firm in the 2018 edition of The Best Lawyers in Canada®. Linda Bertoldi, national leader of the Electricity Markets Group, was also recognized as the 2016 "Toronto Energy Regulatory Law Lawyer of the Year”.In the 2018 edition of IFLR1000 — The Guide to the World’s Leading Financial Law FirmsIn the 2017 edition of The Canadian Legal Lexpert® Directory. (Electricity)In the 2017 edition of Chambers Global — The World’s Leading Lawyers for Business for Energy: Power. In the 2016 edition of the guide, a source is quoted as saying, “Their responsiveness, the calibre of the team, and the knowledge that they have set them apart.”In the 2017 edition of The Legal 500 Canada — Band 1 for Energy: Power. In the 2016 guide, sources are quoted as saying BLG is a "first rank power team" and "knowledgeable and responsive".In the 2017 edition of The Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada.In the 2017 edition of the Lexpert®/Report on Business Special Edition on Energy.In the 2017 edition of the Lexpert® Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada.In the 2016 edition of Who's Who Legal: Canada.In the 2016 edition of Who's Who Legal — The International Who's Who of Business Lawyers.