Find more information on the issues deeply affected by private equity investments:
Media spotlight: PESP’s expertise anchors reporting on Minnesota utility buyout Minnesota regulators have approved BlackRock’s Global Infrastructure Partners’ $6 billion takeover of ALLETE, the parent company of Minnesota Power. The deal hands control of one of the state’s…
A new analysis from the Private Equity Climate Risks (PECR) research consortium, “Mapping Private Equity’s Gas Fleet: Climate Footprint, Health Impacts, and AI-Driven Demand,” reveals that the world’s largest private equity firms collectively own…
Private equity firms power the AI boom at public expense, new research warns New research shows firms like BlackRock and Blackstone are driving fossil fuel buildouts and utility takeovers to feed speculative data center demand. A new research brief from…
The rush to power AI through utility takeovers poses uncertain payoffs and significant public costs. The expansion of the digital sector, catalyzed by the proliferation of cryptocurrency and artificial intelligence (AI), has led to explosive growth in data…
Oregon State Treasurer, Elizabeth Steiner, published four investment principles on October 21st that will inform her decision-making as a Council member at the $95 billion Oregon Public Employees Retirement Fund (OPERF) regarding the…
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:…
