Allete said on Monday U.S. investment management company Global Infrastructure Partners and Canadian pension fund CPP ...
Duluth-based utility provider Allete says the move will help provide the capital needed to transition away from fossil fuels.
Power producer Allete Inc. said Monday it agreed to go private for $67 a share in a deal valued at about $6.2 billion ...
A joint partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners will take the utility ...
, opens new tab 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, inclusive of debt.
CPP Investments and GIP have agreed to acquire US-based energy company Allete in a deal valued at $6.2bn inclusive of debt assumption.
The new deal values the utility’s equity at $3.86-billion, marginally above its $3.7-billion market valuation in December ...
(Reuters) – Allete said on Monday a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners would acquire the U.S. utility for $6.2 billion, including debt. The ...
(Reuters) – Allete said on Monday a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners would acquire the U.S. utility for $6.2 billion, including debt.