Tim Walz wants to make your electric bill more expensive

Prospect.org is reporting that Minnesota DFL Gov. Tim Walz is planning on raising the price of Minnesotans' electric bill. According to the Prospect.org article, "On Friday, the Minnesota Public Utilities Commission (PUC)—a five-member board of commissioners appointed by Democratic Gov. Tim Walz to regulate the utility industry—will decide the fate of a $6.2 billion proposal to acquire ALLETE, the parent company of Minnesota Power, an electric utility in northeastern Minnesota that serves approximately 150,000 customers throughout the region."

The article continues, saying "Global Infrastructure Partners, which the asset management giant BlackRock acquired for $12.5 billion last year, and the Canada Pension Plan Investment Board (CPP) plan to take ALLETE private, in a deal announced in May 2024 that concluded over a year of closed-door negotiations, complete with confidentiality agreements, secretive dinners, and 'fireside chats' led by the company’s C-suite executives. The new ownership group says it will provide Minnesota Power with fresh capital to comply with a state law requiring utilities to deliver '100% carbon-free electricity by 2040.'"

This is part of the DFL's plan to take Minnesota 100% green. This isn't what's best for Minnesota. It's just the DFL exerting authority over the people of Minnesota. Check this report out:

This won't make electricity cheaper. It'll make electricity more expensive. HINT TO DFL GOV. TIM WALZ: THAT'S HEADING IN THE WRONG DIRECTION.

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