Allete receives ferc approval for proposed transaction with canada pension plan investment board and global infrastructure partners

Duluth, minn.--(business wire)--allete, inc. (nyse: ale) announced that the federal energy regulatory commission (ferc) approved the company's proposed transaction with canada pension plan investment board (cpp investments) and global infrastructure partners (gip). “ferc's approval of allete's proposed transaction with cpp investments and gip marks an important milestone and brings us one step closer to realizing the benefits of this transaction for our customers, our communities, our co-worker.
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