Canada Pension Plan and Global Infra Partners to buy US utility Allete for $6.2 bln-March 2024-www.financetom.com

Canada Pension Plan and Global Infra Partners to buy US utility Allete for $6.2 bln

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Canada Pension Plan and Global Infra Partners to buy US utility Allete for $6.2 bln

May 6, 2024 4:33 AM

May 6 (Reuters) - Allette said on Monday a

partnership led by Canada Pension Plan Investment Board and

Global Infrastructure Partners would acquire the company for

$6.2 billion, including debt.

(Reporting by Seher Dareen in Bengaluru; Editing by Shinjini

Ganguli)

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