Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Sunday, October 19
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » News » CPP Investments and Global Infrastructure Partners to Acquire Allete in $6.2 Billion Deal
News

CPP Investments and Global Infrastructure Partners to Acquire Allete in $6.2 Billion Deal

By Patrick VaughnMay 6, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Credit: Allete
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

A consortium led by Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP) has reached a definitive agreement to purchase US energy firm Allete in a deal valued at $6.2 billion, including debt assumption. Under the terms of the agreement, the acquisition will be at a price of $67.00 per share in

To continue reading this article, please subscribe:

Monthly Plan

Price: $30 / month

Features:

  • Full access to all renewable energy news and analysis
  • Exclusive expert interviews and industry reports
  • Daily newsletter with latest updates
  • Access to multimedia content (videos, podcasts)
  • Commenting and community engagement

Sign Up

Annual Plan

Price: $300 / year (Save 17%)

Features:

  • Everything in the Monthly Plan
  • 2 months free compared to monthly subscription
  • Priority access to special reports and webinars
  • Early access to newsletters and featured articles
  • Exclusive members-only content and events

Sign Up

Already a subscriber? Log in here:

 
 
Forgot Password
Acquisition Allete Canada CPP Investments Infrastructure
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleGoldwind Enters Philippines Wind Energy Sector with Kalayaan 2 Project
Next Article Jennifer Aiosa Appointed Chief of Staff at Maryland Energy Administration

Related Posts

Founders of Continuum Green Energy Seek $200 Million Loan to Acquire Stake – Report

April 30, 2024 News

Antin Infrastructure Partners Acquires Majority Stake in Opdenergy Holding SA in EUR 866 Million Takeover

March 22, 2024 News

BlackRock to Acquire Global Infrastructure Partners for $12.5 Billion in Cash and Stock Deal

January 13, 2024 Finance

Germany Boosts Control of Energy Infrastructure with Stake Purchase in EnBW’s TransnetBW

November 12, 2023 News

World Bank Commits $1 Billion Loan to Support South Africa’s Energy Transition

November 6, 2023 News

Canada’s CPP Investments to Sell 24.5% Stake in German Offshore Wind Assets

November 5, 2023 Wind Energy
Latest Post

Eurelectric Proposes Five Key Measures to Boost Electrification Ahead of EU Energy Council

October 17, 2025

Buss Terminal Eemshaven Secures Investment to Expand Offshore Wind Capabilities

October 17, 2025

GE Vernova to Supply 42 Wind Turbines for 252MW Greenvolt Project in Romania

October 17, 2025

EU Unveils Strategy to Strengthen Global Role in Climate and Energy Transition

October 17, 2025

TenneT Completes Commissioning of 900MW DolWin5 Offshore Grid Connection

October 17, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

Friends

  • EVMagz
  • Pivle
  • SpaceMagz
  • Teknowire
  • Smashresume
  • Smashfreakz

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?