ニュース
Is it a good or bad thing for the world’s largest asset manager to have a controlling stake in a regional utility?
Plus reimagined Lake Hiawatha renderings, a new Edmund Fitz pod, and let's tour '90s Minnehaha Avenue in today's Flyover news ...
7 日
Jacobin on MSNPrivate Equity Is Coming for Public Utilities
As the AI boom promises soaring electricity demand, private equity giant BlackRock is waging a scorched-earth campaign — with the help of suspiciously timed advocacy from labor allies and ostensible ...
The parent company of Minnesota Power says the Minnesota Department of Commerce is now backing the company's sale to investment firm BlackRock and the Canadian pension fund after a recent agreement.
The acquisition by the private equity giant would open the door to much-needed capital for transitioning from fossil fuels, some clean energy advocates say.
Minnesota Power services about 150,000 residential and commercial customers in northeastern Minnesota. This story was originally reported by Bring Me The News on Jul 16, 2025, where it first appeared.
Reader's View: Judge’s MN Power opinion well-informed She recommended the Minnesota Public Utilities Commission deny the acquisition since it is not in the public’s interest.
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