Is it a good or bad thing for the world’s largest asset manager to have a controlling stake in a regional utility?

BlackRock's bid for Minnesota Power faces opposition from consumer advocates. They worry the private equity deal will raise ...

While extending its tentacles elsewhere, private equity has mostly stayed away from electric utilities because they often don ...

Plus reimagined Lake Hiawatha renderings, a new Edmund Fitz pod, and let's tour '90s Minnehaha Avenue in today's Flyover news ...

The acquisition by the private equity giant would open the door to much-needed capital for transitioning from fossil fuels, some clean energy advocates say.

The parent company of Minnesota Power says the Minnesota Department of Commerce is now backing the company's sale to investment firm BlackRock and the Canadian pension fund after a recent agreement.

Judge recommends state regulators reject sale of Minnesota Power to BlackRock originally appeared on Bring Me The News. A judge has recommended that state regulators reject the proposed $6.2 ...

Over the last 15 years, renewable energy–generated electricity usage has increased from 6% to 24% in Minnesota, which has the goal of making renewables 25% of its total energy use by 2025.

Based in Minneapolis, Minnesota, the firm was founded in 2017 with two active funds totaling over $1 billion of equity capital. Headquartered in New York City, BlackRock was established in 1988.