Missouri company buys Highwood station
By Richard Ecke
Great Falls Tribune
A Missouri-based company has purchased the Highwood Generating Station for an undisclosed sum, but that doesn’t mean the power plant’s parts will end up in the Show Me state.
An official Tuesday confirmed a Great Falls Tribune report Monday that the Highwood Generating Station power plant eight miles east of Great Falls will be dismantled, and identified the buyer as ProEnergy Solutions based in Sedalia, Mo.
Closure of the plant will cost Cascade County nearly $400,000 per year in property tax revenue.
Dean Swick, Houston-based trustee for the Highwood Generating Station Holding Trust, explained Tuesday: “Southern (Montana Electric) and the Trust have entered into a dismantling and sale agreement with ProEnergy Solutions (Pro). Pro will be the new owner of the plant assets and will remove the plant assets from the current site. The sale does not include the underlying 197 acres where the plant is located. This land will likely be sold at a later time.”