Power & Utilities

Deep Knowledge of Power & Utilities

Electric and pipeline utilities, energy services and alternative energy sectors handle their financing and capital-raising activities through our highly experienced Power and Utilities Group. This team of specialists has established deep relationships throughout the industry including with virtually all of the Canadian public and investor-owned utilities. Assignments have involved strategic M&A, debt and equity financing, as well as government advisory and privatization engagements. We have been lead or co-lead underwriter for the majority of power and midstream IPOs in the Canadian market. In addition, we offer a range of corporate lending products.

Proven Expertise

As a prominent player in the North American energy industry, our Power & Utilities group distinguishes itself through its in-depth industry knowledge, breadth of product offering, strength of execution and well-recognized M&A services. This includes:

  • Strategic M&A advisory for all segments of the electric and pipeline utilities industry: transmission, distribution, retail and generation, as well as pipeline and midstream assets
  • Advisory and financing expertise with all major types of generation: nuclear, coal, natural gas, wind and other alternative energy sources
  • Debt and equity issuance capabilities, with particular expertise in bringing first time issuers to market
  • Alternative energy equity issuance and advisory capabilities
  • Extensive Canadian government advisory expertise through completion of numerous government advisory assignments relating to restructuring and privatization of Crown-owned utilities

Our professionals are located in Toronto, Calgary, Montreal, Vancouver, Houston, New York, London and Hong Kong.

Renewable Energy & Clean Technology

We support the financing of established technologies including hydro, wind, solar, geo-thermal, waste energy and bio-energy. Working with clients in North America and abroad, we help raise debt and equity and provide M&A advisory services.

In the clean technology arena, we are focused on four areas where we can gain a deep understanding of the needs, trends and challenges that the industry faces. This includes:

  • Energy efficiency, with a special focus on power storage
  • Waste energy, with a special focus on bio-energy
  • Green chemical
  • Water-related technology

Since these are developing technologies, our current activities are largely centered on private equity, but we will provide follow-on support for IPOs, public equity and M&A as our clients continue to grow.​

Current awards:

  • CIBC is the leading IPO underwriter in Canada
    Bloomberg (Full credit to lead from January 1, 2013 to March 31, 2017)

  • Paul Lechem: TopGun Analyst - Utilities
    Ranked #2 according to the Brendan Wood International, Worldwide Equity Capital markets performance - Canadian Equities 2016 report

  • #1 in Power market share, and #2 for Share of Top Ranked Bankers
    Brendan Wood International Investment & Corporate Banking World Watch (12 months ending June 30, 2015)

  • #2 for Investment Banking Market Share
    Brendan Wood International Investment & Corporate Banking World Watch (12 months ending June 30, 2015)

  • #2 for M&A Market Share
    Brendan Wood International Investment & Corporate Banking World Watch (12 months ending June 30, 2015)

View our industry awards.