JP Morgan has played a pivotal role as the lead financial advisor in a massive transaction involving ALLETE, an energy company recognized for its commitment to clean energy.
![A banker walking past the JP Morgan London Office in Canary Wharf. PHOTO: Neil Hall/Reuters](https://krugmaninsights.com/wp-content/uploads/2024/02/5464d4d2eab8eaec4ebb083f-1024x768.webp)
In a significant development, ALLETE will be acquired by the Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP) for approximately $6.2 billion, including the