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— Specialty · Energy Infrastructure

Solar, battery storage, transmission, and hydrogen sites for the energy transition.

Energy infrastructure real estate is a land-with-easements business, not a building business. The asset is the interconnect, the easement bundle, and the long-term land control. We underwrite the energy economics first.

— Practice Thesis

How we work in energy infrastructure.

The Canadian energy transition is producing a real estate category that did not meaningfully exist five years ago. Utility-scale solar in Ontario's rural southwest. Battery energy storage system (BESS) sites adjacent to transmission constraints. Hydrogen-electrolysis sites adjacent to natural gas infrastructure. Each category has distinct buyer pools, distinct underwriting, and distinct land-control frameworks.

We work across these categories with capital sources that range from infrastructure funds to renewable independent power producers to corporate sustainability buyers. The thesis underlying each transaction is different, but the real estate work is consistent: assemble the land package, secure the easements and interconnects, and structure the option-and-take-down framework that protects the developer's capital exposure during a multi-year development pathway.

Alberta in particular has emerged as a serious renewable energy market because of deregulated wholesale pricing, the absence of feed-in tariff dependencies, and a regulatory framework that rewards market-responsive generation. Our Alberta practice spans solar, BESS, and increasingly hydrogen-adjacent sites tied to existing oil and gas infrastructure conversion.

— Market Intelligence

The numbers that actually matter.

Announced Canadian Solar Pipeline
8.5GW
2026-2030, utility-scale
BESS Capacity (Operational + Pipeline)
6.2GW
Canadian total, 2026
Typical Solar Site Size
200-800 acres
Utility-scale Ontario or Alberta
Option-to-Purchase Periods
3-7 yr
Development pathway dependent
— Currently Marketing

Active mandates in this practice.

— Common Questions

What clients ask us.

Do you broker the energy project itself or the underlying real estate?
The underlying real estate — land control, easements, and access rights. The energy project (development rights, interconnect agreements, PPAs) is typically held by an independent power producer or developer who is our client. We assemble the land they need to build on.
How do option-and-take-down structures work?
A developer secures an option on a land parcel for a multi-year period — typically 3-7 years — during which they pursue permitting, interconnect, and PPA negotiation. If milestones are met, the developer exercises the option and acquires the land at the predetermined price. Our role is structuring the option terms so that both landowner and developer have aligned incentives through the multi-year process.
What about agricultural land conversion?
Utility-scale solar in particular often sits on agricultural land. The conversion process — both regulatory and community-relations — is a meaningful part of the real estate work. We coordinate with municipal planning, agricultural advisory boards where applicable, and the developer's permitting team.
Do you work residential or commercial rooftop solar?
No. Rooftop solar is a distributed generation business with different real estate dynamics — primarily lease agreements rather than land transactions. We work utility-scale ground-mount solar and BESS sites.
What's the BESS market look like?
BESS site demand is concentrated near transmission-constrained nodes where battery storage can provide grid services. Ontario IESO's expedited procurement programs and Alberta's competitive wholesale market have both produced active BESS pipelines. Our role is identifying sites with the right combination of transmission proximity, electrical infrastructure access, and land control.
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