TrailStone Group Invests in MP2 Energy

TrailStone Group Invests in MP2 Energy

PR Newswire

HOUSTON, Jan. 22, 2015 /PRNewswire/ — TrailStone NA Asset Holdings LLC (“TrailStone”), a member of the TrailStone Group of companies, has entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) pursuant to which it has acquired a strategic equity interest in MP2 Energy LLC (“MP2”), a full-service power company with customers in Texas, Illinois, Pennsylvania and Ohio.

The investment provides an opportunity for TrailStone to execute an important component of its wholesale energy trading, fuel supply and energy management business. With the closing of this transaction, MP2 and TrailStone plan to focus on strategic opportunities that extend each company’s strengths and which create further value propositions for their respective customers.

“We are excited about the opportunities created by TrailStone’s investment in our business,” said Jeff Starcher, Chairman and CEO of MP2 Energy. “The balance sheet, trading experience and intellectual capital that TrailStone brings, coupled with the trusted MP2 name and reputation for delivering value, will allow us to provide services that were not possible before this deal.”

Founded in 2009, MP2 is headquartered in The Woodlands, Texas and is led by a number of very experienced industry veterans. MP2 is a leader in providing retail energy services, third-party power plant management, and demand response with continued focus on and expansion into renewable (wind and solar) integrations. MP2’s track record of consistently delivering more than promised has allowed it to maintain managed yet aggressive growth in the regions it serves.

“MP2 represents a perfect opportunity for TrailStone to further our fuel supply and energy management business,” said David Silbert, CEO of TrailStone. “Our capabilities are completely complementary and our combined platform is uniquely positioned to serve clients along the entire value chain.”

About MP2 Energy
MP2 Energy is a full service power company, serving approximately 800MW to customers in Texas, Illinois, Pennsylvania and Ohio. The top-tier company integrates capabilities across its core services from plant development, plant management, demand response, and retail electric supply to the end-use customer. The company handles all other aspects of power markets, such as asset management, commodity hedging, solar installation and offtake, wind and distributed generation.

MP2 is a member of the 2014 Aggie 100, which honors the world’s fastest-growing companies headed by Texas A&M graduates. The firm was recently honored by The Energy Professionals Association with its inaugural Supplier of the Year award. For more information, visit www.mp2energy.com.

About TrailStone Group
Formed in April 2013, TrailStone is a group of separate companies, each staffed by energy and finance professionals with in-depth experience in mining, oil and gas investment and finance, energy asset management, energy logistics and trading. Offices are located in London, Berlin, Sydney, Austin and New York. For more information, visit www.trailstonegroup.com.

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SOURCE MP2 Energy

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