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ALLETE to Acquire Complete Stake in Solar Developer New Energy Equity
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ALLETE, Inc. advanced its planned expansion in the solar energy sector, announcing it has signed a definitive agreement to acquire 100 percent of the membership interests of New Energy Equity LLC, one of the nation’s top distributed solar developers, for approximately $165.5 million, subject to a working capital adjustment.
Robust Project | March 03, 2022 | By News Bureau | 1877
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