BlackRock thought it could quietly buy its way into America’s power grid. What they didn’t expect was a Minnesota judge standing in their way — and now the cover-up is unraveling.
Wall Street’s $6.2 Billion Energy Grab
For years, financial elites have circled America’s most critical infrastructure, looking for ways to cash in. This time, their eyes landed on Minnesota Power — the utility that keeps the lights on for 150,000 residents in the northern part of the state.
BlackRock, which controls a staggering $11.6 trillion in global assets, teamed up with the Canada Pension Plan Investment Board to purchase Allete, Minnesota Power’s parent company, in a $6.2 billion deal.
But when Administrative Law Judge Megan McKenzie dug into the documents, she uncovered the truth that Wall Street didn’t want Americans to see.
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