The vote by the state Public Utilities Commission (PUC) was unanimous. From the Minnesota Star Tribune, Private equity giant will control northern Minnesota’s biggest power company. The vote took place…
Agenda Item No. 1 on the calendar for the Thursday state Public Utilities Commission (PUC) meeting reads, In the Matter of the Petition of Minnesota Power for Acquisition of ALLETE…
A funny thing happened on the way to BlackRock’s takeover of Minnesota Power: the environmentalist movement was split. From Walker Orenstein at the Minnesota Star Tribune: Northern Minnesota power company…
An administrative law judge (ALJ) has issued her report on the proposed buyout of Duluth-based Minnesota Power by the private-equity firm BlackRock. Technically, BlackRock is buying MP’s parent company, Allete,…
The financial behemoth Blackrock has proposed taking over the Duluth-based electric utility Minnesota Power. The debate over the transaction is revealing some unexpected fault lines. The debate has a tiny…
Starting April 1, the Minnesota Public Utilities Commission (MPUC) will hold a three-day series of hearings in St. Paul on the proposed acquisition of the electric utility Minnesota Power (MP).…