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ALLETE announces completion of acquisition by CPP Investments and Global Infrastructure Partners

ALLETE, Inc. (NYSE: ALE) (the Company) announced the completion of its acquisition by Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP), following the final written order and unanimous approval by the Minnesota Public Utilities Commission (MPUC).

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Grand Rapids Herald-Review broke the news in on Thursday, December 18, 2025.
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