Source: Rigzone

GIP: FERC Approves ALLETE Privatization under $6.2B Deal with CPP, GIP

A partnership between Canada Pension Plan and Global Infrastructure Partners will acquire the publicly issued shares of Minnesota-based power utility ALLETE for $67 a unit.

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Est. Annual Revenue
$100-500M
Est. Employees
500-1.0K
Adebayo Ogunlesi's photo - Chairman & CEO of GIP

Chairman & CEO

Adebayo Ogunlesi

CEO Approval Rating

89/100

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