Law judge calls for Minnesota PUC to reject $6.2B Allete private equity deal
Utiliity Dive
JULY 16, 2025
a utility in Michigan with similarities to Minnesota Power that was bought by private equity firms in 2014 and 2021. Further, the private equity model offered by CPP Investments and GIP isn’t in the public interest, McKenzie said, pointing to the experience of Upper Peninsula Power Co., © 2025 TechTarget, Inc. or its subsidiaries.
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