Allete (ALE) agreed to be acquired and taken private by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners, in a deal worth roughly $6.2 billion ...
P ower producer Allete Inc. said Monday it agreed to go private for $67 a share in a deal valued at about $6.2 billion including debt with buyers Canada Pension Plan Investment Board and Global ...
DULUTH — Allete, the parent company of Minnesota Power and Superior, Water, Light and Power, announced Monday the company has agreed to be acquired by a partnership between the Canada Pension ...
The Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP) have agreed to acquire US-based energy company Allete in a deal valued at $6.2bn inclusive of ...
(Reuters) -U.S. utility Allete said on Monday that it had agreed a deal with investment firms Global Infrastructure Partners and CPP Investments to be taken private at a $6.2 billion valuation, ...
"Additional transmission capacity will provide access to renewable energy over a wider and diverse geographic area, helping to deliver economic and environmental benefits," said PGE President and ...
(Adds CEO comments in paragraphs 4 and 5, and industry context in paragraphs 2 and 3) By Seher Dareen and David French May 6 (Reuters) - U.S. utility Allete said on Monday that it had agreed a deal ...