Energy Acquisitions in Montana

Hull Street Energy sold Basin Creek HoldCo, LLC, a 53 MW natural gas-fired power plant in Butte, Montana, to Basin Creek Acquisition LLC, an acquisition vehicle formed by Platform Partners LLC and William Pate. The sale transfers ownership of the plant (formerly part of the Milepost Power portfolio) as Hull Street Energy exits the asset and the new owners take on a local generation and grid-reliability asset.

Meridian, Idaho-based Jacksons Food Stores Inc. has acquired the retail, wholesale and transportation assets of Hi-Noon Petroleum Inc., a Missoula, Montana-based petroleum marketer, including three convenience stores, 46 dealer accounts and its transportation fleet. The deal transfers ownership of Hi-Noon's assets from owner Dirk Cooper (Hi-Noon Petroleum) to Jacksons, expanding Jacksons' retail and fuel distribution footprint into Montana.