Take the Power Back
Why Minnesota Power Should Not Be Privatized ALLETE—a publicly traded energy company headquartered in Duluth MN—announced in May 2024 its plan to be acquired by two large, private investors: the Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP). Among ALLETE’s other holdings it owns Minnesota Power—a public utility serving 150,000 Minnesotan residents, 14 municipalities, […]
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