Find more information on the issues deeply affected by private equity investments:
Investor risks continue in BlackRock-owned GIP’s Rio Grande Liquefied Natural Gas development While BlackRock’s Global Infrastructure Partners has announced a significant additional investment in the Rio Grande liquefied natural gas…
MN PUC Decision to Approve BlackRock Takeover of Minnesota Power is a Bad Deal for Minnesotans By ignoring the ALJ’s recommendation, commissioners handed Minnesota Power to private equity, leaving families vulnerable to higher bills and weaker oversight. St. Paul, MN…
Tomorrow, Friday October 3rd, the Minnesota Public Utility Commission is expected to make a final decision on BlackRock’s attempted acquisition of Allete, the parent company of Minnesota Power. PESP has been engaged in this process for months now,…
Does Gov. Walz stand with Minnesotans or with BlackRock? If Minnesota Power falls into BlackRock’s hands, higher bills, less accountability, and broken promises could be part of the governor’s legacy The following op-ed by PESP climate and energy director…
From Minnesota Power/ALLETE to AES, BlackRock is racing to dominate America’s power grid through private equity buyouts. As the Minnesota Public Utilities Commission (PUC) weighs BlackRock’s controversial bid to acquire Minnesota Power’s parent company ALLETE, …
Don’t let BlackRock stick MinnesotaPower customers with higher bills Public Utilities Commission must put ratepayers before BlackRock’s profits The following op-ed by PESP climate and energy director Alissa Jean Schafer published in September in Duluth News Tribune:…
Another Wall Street Power Grab for Essential Services More Perfect Union released a new video breaking down BlackRock’s attempted takeover of Minnesota Power — and why communities, workers, and ratepayers should be concerned. The video highlights the…
BlackRock’s GIP commits billions to Rio Grande LNG despite climate and community risks GIP’s Train 4 investment shows continued fossil fuel dependency, undermining BlackRock’s clean energy claims NextDecade announced last week that it has…
Local coverage captures mounting concerns over affordability, accountability, and Wall Street’s role in public utilities. Growing local and state-level media coverage highlights intensifying opposition to BlackRock’s (via Global Infrastructure Partners) proposed $6.2 billion acquisition of Allete, the parent…
A new Guardian spotlight has thrown light on the dangers of Wall Street’s growing push into public utilities. The piece highlights BlackRock’s $6.2 billion bid to acquire Minnesota Power’s parent company, Allete. Opponents warn the deal…
BlackRock’s pressure campaign sparks outcry as Minnesota regulators weigh utility takeover Proposed acquisition raises alarms about Wall Street’s influence over Minnesota’s energy future DULUTH, Minn. – As the Minnesota Public Utilities Commission (PUC) considers whether to approve BlackRock’s proposed takeover of…
***MEDIA ADVISORY*** PRESS CONFERENCE: Elected Officials and Community Leaders Stand Against the $6.2B Private Equity Acquisition of Minnesota Power DULUTH, Minn. – Next week, elected officials, community members and organizations parties to the case will hold a press conference outside of…
