Minnesota Regulators Approve Allete Acquisition by Global Infrastructure Partners and CPP Investments

Reuters12-11

Minnesota Regulators Approve Allete Acquisition by Global Infrastructure Partners and CPP Investments

ALLETE, Inc. has received written approval from the Minnesota Public Utilities Commission for its acquisition by Global Infrastructure Partners and Canada Pension Plan Investment Board (CPP Investments). The company is currently reviewing the conditions imposed by the commission and will provide further updates after completing its review. The transaction involves both Global Infrastructure Partners and CPP Investments, not just ALLETE Inc.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allete Inc. published the original content used to generate this news brief on December 10, 2025, and is solely responsible for the information contained therein.

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