Hull Street Energy ("HSE") has sold Basin Creek HoldCo, LLC ("Basin Creek"), formerly part of the HSE Milepost Power portfolio, to Basin Creek Acquisition LLC, a power generation entity formed by Platform Partners LLC and William Pate. Located in Butte, Montana, the facility provides 53 megawatts of critical electric generation to consumers across the state.
Troutman Pepper acted as legal counsel to Hull Street Energy. Neal, Gerber & Eisenberg LLP acted as acquisition counsel. Akin Gump Strauss Hauer & Feld LLP acted as Federal Energy Regulatory Commission (FERC) counsel to Basin Creek Acquisition LLC.