Who will own our energy future? There’s a battle playing out in northern Minnesota with major ramifications for this question. It centers on the region’s main investor-owned electric utility, Minnesota Power, whose parent company, Allete, struck a deal in May 2024 to be acquired and taken private for $6.2 billion by two entities: Global Infrastructure Partners (GIP), which is fully owned by…
This post has been syndicated from Truthout, where it was published under this address.