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Duluth electric utility owner Allete sold for $6.2 billion

The parent company of Duluth-based utility Minnesota Power will go private after a $6.2 billion sale, which the company said was needed to help fund its green energy transition.

ALLETE announces plans to be acquired by partnership for $6.2 billion dollars

ALLETE enters agreement to be acquired

ALLETE, Inc. (NYSE: ALE) will be acquired for $67 per share in cash, or $6.2 billion including the assumption of debt.

Allete To Be Acquired For $6.2 Bln By CPP Investment, GIP

(RTTNews) - Allete, Inc. (ALE) announced on Monday that a partnership led by the Canada Pension Plan Investment Board also known as CPP Investment.

ALLETE To Be Acquired By Investment Partnership

DULUTH, MN (Northern News Now) - ALLETE, Inc. announced Monday that it has been acquired in an agreement reach.