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Local View: Pending sale of Minnesota Power not in our public interest

Summary by Duluth News Tribune
A critical issue affecting Minnesota Power customers is being debated at the Minnesota Public Utilities Commission. Minnesota Power's parent company, Allete, is seeking to be acquired by Canada Pension Plan Investment Board (40% share) and the private equity firm Global Investment Partners (60% share). Global Investment Partners, in turn, is wholly owned by BlackRock, the world's largest asset manager, with $11.5 trillion in assets, greater than…

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Duluth News Tribune broke the news in Cherokee County, United States on Wednesday, April 2, 2025.
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