Milbank LLP represented British Columbia Investment Management Corporation (“BCI”) in connection with BCI, Norges Bank Investment Management and Brookfield’s launch of Northview Energy, a privately held renewable energy company that will acquire and own a diversified portfolio of contracted, operating renewable assets in the US and Canada.
Northview Energy will be equally funded and owned by the three investors. The company will acquire a seed portfolio of assets from leading renewable energy companies currently managed by Brookfield comprised of 22 contracted, high-quality utility scale solar and onshore wind assets in power markets experiencing strong energy demand growth across the US.
Subject to the receipt of required approvals and the satisfaction of customary closing conditions, Northview Energy is expected to officially launch during the second quarter of 2026 under the ownership of BCI, Norges Bank Investment Management and Brookfield.
Read the full press release here.
The Milbank team was led by Global Corporate/M&A partner and co-head of Milbank’s Global Infrastructure practice John Franchini and Global Corporate/M&A partner Aaron Stine with special counsel Shannon Footer and associates Jenny Lee and Claire McGuinness. The team also included Intellectual Property special counsel John Garces; Real Estate special counsel David Groman and associate Cara Quimby; Antitrust partner Adam Di Vincenzo and special counsel Alexis Brown-Reilly; Global Project, Energy and Infrastructure Finance partner Jenna McGrath and associate Melan Patel; Environmental associate Allison Sloto; Tax partners Andrew Walker and Max Goodman and special counsel Michael Rivkin; and Global Risk & National Security partner John Beahn and associate Clayton Melton.
