Judge sides with consumers & environment, slams proposed BlackRock buyout of Minnesota Power
Private equity acquisition of public utility would result in “net harm” On July 15th, Administrative Law Judge (ALJ) released her report recommending that the Minnesota Public Utilities Commission (PUC) reject the proposed private equity buyout of ALLETE, Inc., parent company of Minnesota Power, a Duluth-based regulated electric utility serving northern Minnesota residential and industrial customers. Under […]