Candy L. Saga 

Candy L. Saga

Vancouver
Royal Centre, Suite 1500
1055 West Georgia Street, PO Box 11117
Vancouver, British Columbia V6E 4N7

t: 604.691.7459
e: candy.saga@mcmillan.ca

aperçu

Candy Saga is a senior business lawyer with deep expertise in all aspects of public private partnerships, infrastructure transactions and project finance. Prior to joining McMillan in 2014, Candy was senior North American counsel for Bilfinger Project Investments, where she was responsible for structuring and negotiating over 15 fully underwritten P3 bids in both Canada and the United States, taking successful projects through financial close and managing all legal issues on behalf of equity investors during the construction and operations phases of the projects. In addition to her project finance and P3 structuring skills, Candy brings a strong background of experience in mergers & acquisitions, public and private financings, and structured finance Candy was a lead member of the legal team representing Bilfinger in sales of over 30 infrastructure assets globally. Prior to her role at Bilfinger, Candy was senior Canadian counsel for Babcock & Brown, where she was responsible for structuring both P3 transactions and energy infrastructure projects, and before that was a partner of two major law firms in Toronto and Vancouver.

Representative Matters

  • Lead counsel for Bilfinger Project Investments in the US$789 million Ohio River Bridges – East End Crossing (Indiana) project, taking the project through all stages from qualification to financial close.
  • Lead counsel for Bilfinger Project Investments in the $460 million Women's College Hospital project, taking the project through all stages from qualification to financial close. The project has won awards for its innovative financing structure.
  • Lead counsel for Bilfinger Project Investments in the development and structuring of fully underwritten compliant bids for numerous projects including Iqaluit Airport, Highway 407 East, Windsor Essex Parkway, Humber Regional Hospital, Southwest Detention Centre, South Fraser Perimeter Road, Alberta Schools II, Forensic Centre, Southeast Stoney Trail and Fort. St. John Hospital.
  • Lead member of the legal team representing Bilfinger Project Investments in the sale of 19 project investments for GBP200 million to a London-listed fund.
  • Management of all legal aspects of Bilfinger's portfolio of assets under management including East End Crossing (Indiana), Women's College Hospital (Toronto), Golden Ears Bridge Project (Vancouver), Northwest Anthony Henday Project (Edmonton), North East Stoney Trail Project (Calgary), Kelowna and Vernon Hospital Project (B.C.) and Kicking Horse Canyon Project (B.C.).
  • Lead counsel for Babcock & Brown in the $430 Alberta Schools I project, taking the project through all stages from qualification to financial close. The project has won several awards for innovation. 
  • Lead counsel for Babcock & Brown in its P3 development activities, including structuring bids and/or proposed bids for the Kelowna/Vernon Hospitals Project, Royal Jubilee Hospital Project, Montreal Symphony Hall Project, Fort St. John Hospital Project, Bridgepoint Hospital Project, CHUM Hospital Project, CHUM Research Centre Project and the South Fraser Perimeter Road Project.
  • Represented Babcock & Brown in negotiations with Manitoba Hydro with respect to a 300 MW wind project for which Babcock & Brown was selected as the preferred bidder.
  • Represented Babcock & Brown in the attempted take-over bid for Creststreet Power & Income Fund.
  • Acting for a consortium of Japanese banks in connection with a major debt restructuring of a company in the forestry sector.
  • Representing Hot House Growers Income Fund in its merger transaction with Village Farms and in connection with a major refinancing completed with its lenders. 
  • Leading the legal team representing a consortium of investors in the purchase of the Terasen Water & Utilities Services group of companies, now the Corix group of companies, from Kinder Morgan, Inc.

Publications

Inconvenient Termination: The Financial Impact of Terminating Public-Private Partnership ("P3") Projects

News

Des avocat.e.s de McMillan obtiennent 38 classements dans 21 catégories dans le guide Chambers Canada 2021
Des avocat.e.s de McMillan obtiennent 38 classements dans 21 catégories dans le guide Chambers Canada 2021
Le guide Chambers Global de 2020 classe McMillan au rang des cabinets d'avocats chefs de file dans six domaines de pratique et cite 17 de nos avocat(e)s
Les avocats de McMillan obtiennent 41 classements dans 23 catégories dans le guide Chambers Canada de 2020
Chambers Global 2019 a classé McMillan au rang des cabinets d'avocats chefs de file dans plusieurs domaines de pratique
Les avocats de McMillan sont bien représentés dans le guide Chambers Canada de 2019
Chambers Global 2018 a classé McMillan au rang des cabinets d'avocats chefs de file dans plusieurs domaines de pratique
Chambers Global a classé McMillan au rang des cabinets d'avocats chefs de file dans plusieurs domaines de pratique dans son édition de 2017
Les avocats de McMillan sont bien représentés dans l'édition 2017 du répertoire Chambers Canada
L'édition 2016 de Chambers Global souligne l'expertise des avocats de McMillan
McMillan est bien représenté dans la première édition du guide Chambers Canada
McMillan S.E.N.C.R.L., s.r.l. accueille Me Candy Saga

Education

  • University of Toronto, M.A. (English Literature) - 1990
  • University of Toronto, LL.B. - 1984
  • University of Toronto, B.A. (Major in English Literature, Minor in Political Science) - 1979

Year Of Call

  • Barreau de la Colombie-Britannique - 2003

Practices

partenariats public-privé (PPP)
financement de projets
fusions et acquisitions
prêts garantis et crédit consortial
processus d'approvisionnement

Industries

partenariats public-privé (PPP)
infrastructures
diversification des modes de financement et d'approvisionnement
énergie

Directorships and Professional Associations

  • Member of the Steering Committee, Canadian Infrastructure Law Forum, 2014
  • Member of the Steering Committee, North American Infrastructure Law Forum, 2011 and 2013
  • Member of the board of directors and Vice-President of Green Thumb Theatre for Young People, 2003 to 2008
  • Member of the board of directors and Treasurer of Pasley Island Limited, 2005-2006

Awards & Rankings

  • Recognized by Chambers Global (2019) as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Chambers Canada 2019 as a leader in Projects: PPP & Infrastructure 
  • Recognized in Chambers Global 2018 as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized in Chambers Canada 2018 as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized in Chambers Global 2017 as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized in Chambers Canada 2017 as a leading lawyer in the area of Projects: PPP & Infrastructure
vcard

Candy Saga is a senior business lawyer with deep expertise in all aspects of public private partnerships, infrastructure transactions and project finance. Prior to joining McMillan in 2014, Candy was senior North American counsel for Bilfinger Project Investments, where she was responsible for structuring and negotiating over 15 fully underwritten P3 bids in both Canada and the United States, taking successful projects through financial close and managing all legal issues on behalf of equity investors during the construction and operations phases of the projects. In addition to her project finance and P3 structuring skills, Candy brings a strong background of experience in mergers & acquisitions, public and private financings, and structured finance Candy was a lead member of the legal team representing Bilfinger in sales of over 30 infrastructure assets globally. Prior to her role at Bilfinger, Candy was senior Canadian counsel for Babcock & Brown, where she was responsible for structuring both P3 transactions and energy infrastructure projects, and before that was a partner of two major law firms in Toronto and Vancouver.

  • Lead counsel for Bilfinger Project Investments in the US$789 million Ohio River Bridges – East End Crossing (Indiana) project, taking the project through all stages from qualification to financial close.
  • Lead counsel for Bilfinger Project Investments in the $460 million Women's College Hospital project, taking the project through all stages from qualification to financial close. The project has won awards for its innovative financing structure.
  • Lead counsel for Bilfinger Project Investments in the development and structuring of fully underwritten compliant bids for numerous projects including Iqaluit Airport, Highway 407 East, Windsor Essex Parkway, Humber Regional Hospital, Southwest Detention Centre, South Fraser Perimeter Road, Alberta Schools II, Forensic Centre, Southeast Stoney Trail and Fort. St. John Hospital.
  • Lead member of the legal team representing Bilfinger Project Investments in the sale of 19 project investments for GBP200 million to a London-listed fund.
  • Management of all legal aspects of Bilfinger's portfolio of assets under management including East End Crossing (Indiana), Women's College Hospital (Toronto), Golden Ears Bridge Project (Vancouver), Northwest Anthony Henday Project (Edmonton), North East Stoney Trail Project (Calgary), Kelowna and Vernon Hospital Project (B.C.) and Kicking Horse Canyon Project (B.C.).
  • Lead counsel for Babcock & Brown in the $430 Alberta Schools I project, taking the project through all stages from qualification to financial close. The project has won several awards for innovation. 
  • Lead counsel for Babcock & Brown in its P3 development activities, including structuring bids and/or proposed bids for the Kelowna/Vernon Hospitals Project, Royal Jubilee Hospital Project, Montreal Symphony Hall Project, Fort St. John Hospital Project, Bridgepoint Hospital Project, CHUM Hospital Project, CHUM Research Centre Project and the South Fraser Perimeter Road Project.
  • Represented Babcock & Brown in negotiations with Manitoba Hydro with respect to a 300 MW wind project for which Babcock & Brown was selected as the preferred bidder.
  • Represented Babcock & Brown in the attempted take-over bid for Creststreet Power & Income Fund.
  • Acting for a consortium of Japanese banks in connection with a major debt restructuring of a company in the forestry sector.
  • Representing Hot House Growers Income Fund in its merger transaction with Village Farms and in connection with a major refinancing completed with its lenders. 
  • Leading the legal team representing a consortium of investors in the purchase of the Terasen Water & Utilities Services group of companies, now the Corix group of companies, from Kinder Morgan, Inc.
Mai 2019
Public-Private Partnerships in Canada: Law Policy and Value for Money
(seulement disponible en anglais)

Contributing Author, Book, published by LexisNexis

Juin 2018
Inconvenient Termination: The Financial Impact of Terminating Public-Private Partnership ("P3") Projects(seulement disponible en anglais)

Financial Services Bulletin