Millennium Investment & Acquisition Company entered into an asset purchase agreement to acquire Big Island Carbon LLC from Denham Capital Management LP and others for $1.3 million on June 19, 2014. Jeffrey Testa of McCarter & English acted counsel to trustee, Charles A. Stanziale Jr. of McCarter & English LLP. Morrison Cohen LLP acted as legal advisor for Millennium Investment & Acquisition.

Millennium Investment & Acquisition Company completed the acquisition of Big Island Carbon LLC from Denham Capital Management LP and others on June 11, 2015.