Karlee Weinmann
@karleeweinmann.bsky.social
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š„ 462
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Researching utilities and fossil fuel interests with
@energyandpolicy.org
. Midwest exceptionalist.
Opponents of this private equity takeover include consumer advocates like the Attorney General, state lawmakers, utility customers, environmental groups, large power users, and a judge who reviewed the terms of the transaction. And yet!
add a skeleton here at some point
about 3 hours ago
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Karlee Weinmann
Lenore Palladino
about 8 hours ago
so BlackRock is buying Minnesota Power (utility) & likely AES (utility) AND Aligned Data Centers & that's just this week cool cool
add a skeleton here at some point
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In approving this deal, Minnesota regulators made a very big bet that private equity ownership of a monopoly electric utility will yield vastly different results from private equity ownership in basically every other sector
add a skeleton here at some point
about 6 hours ago
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The utility serving Indianapolis could be next to be swept up in BlackRock's spending spree on utilities, a prospect that has local ratepayer advocates "extremely concerned"
www.ibj.com/articles/as-...
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As private equity pursues public utilities, reports say BlackRock subsidiary wants to buy AES - Indianapolis Business Journal
BlackRockās interest in AES represents a growing trend of private equity firms investing in, or buying outright, public utility companies as artificial intelligence fuels increasing electricity demand...
https://www.ibj.com/articles/as-private-equity-pursues-public-utilities-reports-say-blackrock-subsidiary-wants-to-buy-aes
1 day ago
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Karlee Weinmann
David Dayen
1 day ago
BlackRock is leading a consortium buying Minnesota Power in a private equity foray into utilities. The decision will be made tomorrow. Meanwhile, Gov. Walz's Department of Commerce flipped to supporting the deal, & emails show numerous contacts with the acquisitionās supporters. From James Baratta:
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Private Equity Power Play in Minnesota
BlackRock-owned Global Infrastructure Partners and a Canadian pension giant want to buy a Minnesota-based utility. Gov. Tim Walzās agencies have been in on pushing the deal.
https://prospect.org/environment/2025-10-02-private-equity-power-play-minnesota/
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A group of state lawmakers is urging the Minnesota Public Utilities Commission to deny BlackRock's controversial bid to take over Minnesota Power, saying among other things that "the risks and harms would outweigh the minimal, short-term benefits"
efiling.web.commerce.state.mn.us/documents/%7...
2 days ago
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The same BlackRock subsidiary thatās trying to buy Minnesota Power over the objections of consumer advocates is also trying to buy AES, which has electric utilities in Indiana and Ohio
www.reuters.com/markets/deal...
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BlackRock's GIP nears $38 billion takeover of utility group AES, FT reports
BlackRock-owned Global Infrastructure Partners (GIP) is nearing a $38 billion deal, inclusive of debt, to acquire utility group AES , the Financial Times reported on Tuesday, citing people briefed on the matter.
https://www.reuters.com/markets/deals/blackrocks-gip-nears-38-billion-takeover-utility-group-aes-ft-reports-2025-10-01/
2 days ago
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Karlee Weinmann
Energy and Policy Institute
4 days ago
New from
@apnews.com
: A fight has erupted in northern MN over the proposed private equity buyout of Duluth-based utility Minnesota Power. If approved, the sale could determine how private equity firms expand their utility holdings amid a rush to cash in on data centers.
apnews.com/article/big-...
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Private equity sees profits in power utilities as electric bills rise and Big Tech seeks more energy
Private investment firms that are helping finance Americaās artificial intelligence race and the huge buildout of energy-hungry data centers are getting interested in the local utilities that deliver ...
https://apnews.com/article/big-tech-private-equity-electricity-utilities-power-energy-7c5d119142380bb7a83bbe722f69f2a5
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Karlee Weinmann
Private equity firms are looking to buy electric utilities for a simple reason: thereās money to be made, and potentially quite a lot of it, on the backs of captive utility customers
apnews.com/article/big-...
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Private equity sees profits in power utilities as electric bills rise and Big Tech seeks more energy
Private investment firms that are helping finance Americaās artificial intelligence race and the huge buildout of energy-hungry data centers are getting interested in the local utilities that deliver ...
https://apnews.com/article/big-tech-private-equity-electricity-utilities-power-energy-7c5d119142380bb7a83bbe722f69f2a5
6 days ago
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Private equity firms are looking to buy electric utilities for a simple reason: thereās money to be made, and potentially quite a lot of it, on the backs of captive utility customers
apnews.com/article/big-...
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Private equity sees profits in power utilities as electric bills rise and Big Tech seeks more energy
Private investment firms that are helping finance Americaās artificial intelligence race and the huge buildout of energy-hungry data centers are getting interested in the local utilities that deliver ...
https://apnews.com/article/big-tech-private-equity-electricity-utilities-power-energy-7c5d119142380bb7a83bbe722f69f2a5
6 days ago
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A utility regulator had the audacity to scrutinize (and even reject) proposed rate hikes, and the utilities came for her job. A shameful indictment of a regulatory system complicit in incessant rate increases that drive profits for utility shareholders.
boondoggle.substack.com/p/monopoly-u...
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Monopoly Utilities Ousted America's Best Regulator
Bummer news for utility bills.
https://boondoggle.substack.com/p/monopoly-utilities-ousted-americas
7 days ago
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Karlee Weinmann
Prem Thakker ć
7 days ago
Netanyahu bragged about hijacking cell phones in Gaza to force the Palestinians he's starving to hear a speech that half the United Nations walked out on. What more can you say
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Karlee Weinmann
Erin Reed
8 days ago
Excellent reporting from Heated and Atmos. It looks like some of the biggest investors in the anti-trans movement are fossil fuel billionaires who are trying to use trans issues to ensure that Republicans pass policies favorable to their industry.
heated.world/p/fossil-fue...
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Fossil fuel billionaires are bankrolling the anti-trans movement
An investigation shared exclusively with Atmos and HEATED finds that 80% of anti-trans organizations receive fossil fuel funding.
https://heated.world/p/fossil-fuel-billionaires-are-bankrolling
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"BlackRock has a long history of investing in companies that trample tribal sovereignty. When profit is at stake, Indigenous rights are dismissed. Thatās why Minnesotans should be deeply concerned about this proposed takeover of Minnesota Power."
www.duluthnewstribune.com/opinion/colu...
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Local View: A warning from South Texas: don't trust BlackRock with Minnesota Power
Indigenous communities have seen the damage of BlackRockās fossil-fuel agenda
https://www.duluthnewstribune.com/opinion/columns/local-view-a-warning-from-south-texas-dont-trust-blackrock-with-minnesota-power
9 days ago
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Karlee Weinmann
Caleb Heeringa
10 days ago
Philadelphia's got a citywide commitment to decarbonization and a publicly owned methane gas utility that is making their customers pay for ad campaigns aimed at expanding gas use. "Why is a company that has no competition, why do they have to market at all?" YUP
whyy.org/articles/pgw...
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Why does PGW spend ratepayer money to promote natural gas as 'clean' energy?
Utility records show Philadelphia Gas Works spent $4.2 million on promotions over a 14-month period ending in November 2024.
https://whyy.org/articles/pgw-natural-gas-campaigns-greenwashing/
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Quite an interesting revelation here given that this data center would be served by Minnesota Power, the utility that BlackRock is trying to acquire as it seeks to cash in on every part of the AI gold rush
add a skeleton here at some point
10 days ago
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Karlee Weinmann
Canary Media Inc.
11 days ago
The
@sierraclub.org
has been tracking U.S. utilitiesā climate progress for five years. Theyāre doing worse now than ever before.
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Utilities are doing even worse on climate than they were five yearsā¦
Major U.S. utilities earn an "F" on a new report card because they're planning to build far too little clean energy and far too many gas-fired powerā¦
https://www.canarymedia.com/articles/utilities/utilities-gas-plants-coal-clean-energy-sierra-club-scorecard
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Karlee Weinmann
Grist
14 days ago
Who pays for wildfire damage? In the West, utilities are shifting the risk to customers. Utah laws cap wildfire damages and let utilities pass the cost onto customers. Utility lobbyists are pushing the model in other states.
grist.org/wildfires/wh...
#utilities
#CA
#California
#Policy
#Wildfire
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Who pays for wildfire damage? In the West, utilities are shifting the risk to customers
Utah laws cap wildfire damages and let utilities pass the cost onto customers. Utility lobbyists are pushing the model in other states.
https://grist.org/wildfires/who-pays-for-wildfire-damage-in-the-west-utilities-are-shifting-the-risk-to-customers/
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Karlee Weinmann
Energy and Policy Institute
14 days ago
St. Louis's utility provider, Ameren, almost tripled disconnections from July to August after it ended a tornado-prompted disconnection pause. This led to the Board of Aldermen passing a resolution calling for them to do more to protect customers.
www.stlpr.org/health-scien...
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Board of Aldermen urges Ameren to pause St. Louis disconnections as shutoffs spike since tornado
New data shows Ameren disconnected more than 14,000 people in August, soon after ending a pause for residents affected by the tornado. The St. Louis Board of Aldermen on Friday passed a resolution cal...
https://www.stlpr.org/health-science-environment/2025-09-12/st-louis-aldermen-urge-ameren-pause-disconnections-tornados-wake-shut-offs-spike
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Karlee Weinmann
David Pomerantz
14 days ago
Marissa Gillett, possibly the best utility regulator in the country, resigned from the Connecticut PURA this morning. She was forced out by Connecticutās investor-owned utilities, who finally won their years-long, scorching campaign to oust her. A thread here about Gillett:
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Proponents of BlackRock's takeover of Minnesota Power like to note the state Dept of Commerce supports the deal. But AG Ellison's office and others say many of the provisions that got Commerce on board are either already required or provide no benefit
efiling.web.commerce.state.mn.us/documents/%7...
14 days ago
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Karlee Weinmann
Jon Collins
14 days ago
I talked to the four main Minneapolis mayoral candidates on some of the biggest crises facing the city and how they hope to govern if elected:
www.mprnews.org/story/2025/0...
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Four candidates for Minneapolis mayor weigh in on major issues facing the city
Early in-person voting starts Friday as residents pick who they want to lead Minneapolis for the next four years.
https://www.mprnews.org/story/2025/09/19/minneapolis-mayor-candidates-frey-fateh-davis-hampton
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Karlee Weinmann
Private Equity Stakeholder Project
15 days ago
In Minnesota, BlackRock is attempting to acquire MN Power, a utility serving 150,000+ families and businesses. PESP's Alissa Jean Schafer told More Perfect Union why ratepayers should be wary of private equity plugging into the electrical grid: the PE playbook puts profiteering above all else.
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The BlackRock Situation Just Got Worse...
BlackRock is trying to buy Minnesota Power, which provides power to over 150,000 people. Why? They want to profit off of the soaring electricity demand from AI data centers. If they win, and if it'sā¦
https://www.youtube.com/watch?v=uwTxjZK17bs
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If the Minnesota Public Utilities Commission signs off on BlackRock's plan to buy Minnesota Power, it will have ignored clear warnings from consumer advocates and a judge who've shown it's a bad deal likely to raise costs for utility customers
www.duluthnewstribune.com/opinion/colu...
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Local View: Don't let BlackRock stick Minnesota Power customers with higher bills
Public Utilities Commission must put ratepayers before BlackRockās profits
https://www.duluthnewstribune.com/opinion/columns/local-view-dont-let-blackrock-stick-minnesota-power-customers-with-higher-bills
15 days ago
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Karlee Weinmann
Minnesota Reformer
15 days ago
Commentary: Administrative Law Judge Megan McKenzieās conclusion could not be clearer. The sale āwould result in net harm to the public interest.ā Will the PUC listen? PUC must unplug Minnesota Powerās pending sale to worldās largest private equity firm
minnesotareformer.com/2025/09/18/p...
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PUC must unplug Minnesota Powerās pending sale to worldās largest private equity firm ⢠Minnesota Reformer
Should the PUC approve the sale in spite of the overwhelming evidence against it, it would be one more painful example of how large industries have captured our stateās regulatory system.
https://minnesotareformer.com/2025/09/18/puc-must-unplug-minnesota-powers-pending-sale-to-worlds-largest-private-equity-firm/
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Xcel Energy cut off power to 52,549 Minnesotans who fell behind on their bills in 2024, far more than any other year in at least a decade. Meanwhile, the utility has pocketed over $1 billion in profits every year since 2015 and is seeking to raise rates yet again.
www.startribune.com/xcel-is-cutt...
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Xcel is shutting off power in record numbers
Economic conditions after the COVID-19 pandemic, and new smart meters that allow Xcel to remotely disconnect homes, are behind a spike that has drawn criticism from consumer advocates.
https://www.startribune.com/xcel-is-cutting-power-to-minnesota-homes-in-record-numbers/601336735
15 days ago
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Karlee Weinmann
David Pomerantz
16 days ago
Wild fact from the utility/large-business settlement proposal in FPLās rate case, via
@shelbyisgreen.bsky.social
. Every time I hear a politician describe the pro-monopoly, pro-utility, pro-rate hike position as āpro-business,ā a part of me dies inside.
energyandpolicy.org/key-decision...
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Karlee Weinmann
Grist
16 days ago
Gas stove makers quietly delete air pollution warnings as they fight mandatory health labels. Manufacturers sued to stop a Colorado law requiring air quality warnings, arguing gas stoves are safe. Some of their websites once said the opposite.
grist.org/accountabili...
#Stove
#Health
#Gas
#Policy
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Gas stove makers quietly delete air pollution warnings as they fight mandatory health labels
Manufacturers fighting a Colorado health warning law argue gas stoves are safe. Some of their websites have suggested otherwise.
https://grist.org/accountability/gas-stove-makers-quietly-delete-air-pollution-warnings-as-they-fight-mandatory-health-labels/
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Karlee Weinmann
Minnesota Reformer
16 days ago
"Assault rifles turn survivable injuries into fatal ones. They turn small tragedies into mass tragedies." ā Dr. Tim Kummer, first physician on the scene at the mass shooting at Church of the Annunciation. You can read his powerful testimony below, in full.
minnesotareformer.com/2025/09/17/l...
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Legislative testimony of first physician on the scene at the Annunciation shooting ⢠Minnesota Reformer
I still see those faces when I close my eyes and I hear their voices when I try to go to sleep.
https://minnesotareformer.com/2025/09/17/legislative-testimony-of-first-physician-on-the-scene-at-the-annunciation-shooting/
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Karlee Weinmann
Sue Sturgis
16 days ago
An inspiring anti-corruption model for other states.
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California passes bill curbing utilities use of ratepayer money for political spending
State lawmakers last week made California the seventh state to pass a bill limiting investor-owned utilities from using customer money to pay for political and lobbying costs.
https://energyandpolicy.org/california-limits-utilities-use-of-customer-money-for-political-spending/
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It's been over 10 years since Xcel Energy and CenterPoint Energy signed agreements to help advance the City of Minneapolis' clean energy goals yet a new report shows they're still way behind on every metric except the ones the city most fully controls
mplscleanenergypartnership.org/documents/20...
17 days ago
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Karlee Weinmann
Chris Steller
17 days ago
RIP the man in the greatest one-shot five-minute phone call to Minnesota in movie history
m.youtube.com/watch?v=Qeem...
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Watergate - Dahlberg scene
YouTube video by International School History
https://m.youtube.com/watch?v=Qeemjaosp-E&pp=ygUgYWxsIHRoZSBwcmVzaWRlbnRzIG1lbiBwaG9uZSBjYWw%3D
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Karlee Weinmann
Aaron Rupar
18 days ago
Q: Do you think it would've been fitting to lower the flags to half staff when Melissa Hortman, the Minnesota House Speaker, was gunned down by an assassin? TRUMP: I'm not familiar. The who?
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More than 6,000 public commenters have weighed in on Xcel Energy's latest proposal to hike Minnesota customers' rates, an unprecedented show of opposition with many citing exorbitant profits and executive pay
www.eenews.net/articles/uti...
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Utility executive pay fuels consumer outcry over electricity bills
Regulators in Minnesota and other Midwestern states are pushing back against pay and travel as customers absorb higher electricity rates.
https://www.eenews.net/articles/utility-executive-pay-fuels-consumer-outcry-over-electricity-bills/
18 days ago
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Karlee Weinmann
Emily Atkin
21 days ago
Chris Wright is genuinely a con man selling climate denial to the world in order to enrich himself and his gas industry friends. This should be a much bigger story.
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Trump sends fracking CEO to Europe to sell climate denialāand gas
Debunking some of Chris Wright's most egregious lies
https://heated.world/p/the-energy-secretary-is-a-con-artist
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Karlee Weinmann
Carin
21 days ago
Imagine if everyone policing how others talk about the dead stopped for a minute and applied just a fraction of those standards to how they speak about other living human beings
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Minnesota Public Utilities Commission staff on BlackRock's proposal to buy Minnesota Power: "the private equity model is a poor choice for regulated utilities in general"
efiling.web.commerce.state.mn.us/documents/%7...
22 days ago
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Karlee Weinmann
John Farrell
22 days ago
š¶ Follow the money and you may find, a financial relationship, and opinions aligned š¶ (about this Minnesota utility merger):
vist.ly/46g3b
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āFinancial supportā from Minnesota Power may have influenced backers of utility acquisition, judge says
Most supporters of a proposed private equity takeover of Minnesota Powerās parent company have financial ties to the company.
https://energyandpolicy.org/financial-support-influenced-allete-blackrock-comments/
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Karlee Weinmann
Donavan McKinney for Congress
23 days ago
For the first time in our state's history, we are introducing major legislation known as the "RATEPAYER BILL OF RIGHTS" šš¾ We were highlighted in the Michigan Advance. You can read more here:
michiganadvance.com/2025/09/09/m...
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Michigan Democrats call for a utility ratepayer bill of rights ⢠Michigan Advance
Skyrocketing energy prices, poor service, unfair outage compensation, out-of-control pay for utility executives and their perceived outsized influence on Michigan politics would be addressed in a legi...
https://michiganadvance.com/2025/09/09/michigan-democrats-call-for-a-utility-ratepayer-bill-of-rights/
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Karlee Weinmann
Matt Zoller Seitz
24 days ago
"school shooting industry"
add a skeleton here at some point
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Karlee Weinmann
WIRED
24 days ago
The Trump administration has already added nearly $40 billion in new federal subsidies for oil, gas, and coal in 2025, a report released Tuesday finds, sending an additional $4 billion out the door each year for fossil fuels over the next decade. And guess what, taxpayers are going to pay for it.
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US Taxpayers Will Pay Billions in New Fossil Fuel Subsidies Thanks to the Big Beautiful Bill
A report finds that President Trumpās flagship legislation will grant $40 billion in new subsidies to the oil and gas industry over the next decade.
https://www.wired.com/story/us-taxpayers-will-pay-billions-in-new-fossil-fuel-subsidies-thanks-to-the-big-beautiful-bill/
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The Minnesota Public Utilities Commission will soon decide whether to approve BlackRock's acquisition of Minnesota Power which consumer advocates, environmental groups, and a judge warn would harm utility customers
www.theguardian.com/us-news/2025...
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Critics say BlackRockās Minnesota utility bid will increase rates ā and clean energy goals will suffer
Sale opponents say private equityās profit-seeking is at odds with reasonable rates and stateās goal to decarbonize
https://www.theguardian.com/us-news/2025/sep/08/blackrock-minnesota-power-sale-allete
25 days ago
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Michigan utilities DTE Energy and Consumers Energy awarded their executives bonuses for service reliability even as their customers suffered through some of the longest power outages in the nation
www.mlive.com/news/2025/09...
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Michigan suffered through longest power outages in the nation, report finds
An annual report card for Michigan electric utilities puts the state at the bottom for reliability when compared to the rest of the country, but regulators say they are making progress.
https://www.mlive.com/news/2025/09/michigan-suffered-through-longest-power-outages-in-the-nation-report-finds.html?gift=789b09e6-19f3-45e7-88a3-823728537954
25 days ago
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The Michigan League of Conservation Voters lambasted Consumers Energy for failing to push back on a Trump Administration order to keep an aging coal plant open past its scheduled retirement, costing utility customers an estimated $1 million per day
www.detroitnews.com/story/opinio...
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Johnson: Keeping Michigan's coal plant running a costly move
The J.H. Campbell coal-fired power plant was set to retire May 31 after years of careful planning, regulatory approval and major investments in clean energy.
https://www.detroitnews.com/story/opinion/2025/09/04/johnson-keeping-michigans-coal-plant-running-a-costly-move/85955276007/
28 days ago
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Karlee Weinmann
Jillian
about 1 month ago
holy shit dude using a fake deployment for wildland fire crews from a fire thatās only 13% contained during peak western US fire season to detain multiple firefighters and remove the crews from the fire is a scale of evil & dangerous I canāt fully communicate to people not from wildfire regions
add a skeleton here at some point
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Karlee Weinmann
Rudy Meyer
about 1 month ago
JD Vance has arrived at Annunciation Catholic School in Minneapolis. Protestors chanted āshameā and āenough is enoughā as the motorcade passed through.
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If you're in the Twin Cities and have been meaning to switch to solar, now's the time. Federal tax credits expire at the end of the year plus there's a
@solarunitedneighbors.org
group buy program that reduces upfront costs and guides you through the process:
www.mobilize.us/solarunitedn...
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Twin Cities Metro Area Switch Together Solar 101 Ā· Solar United Neighbors
Switch Together organizes hundreds of neighbors in a group to go solar together and has helped thousands make the switch to solar. Expert support is provided through each stage of the solar process. ...
https://www.mobilize.us/solarunitedneighbors/event/815903/
about 1 month ago
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Even when they have strong bipartisan support, clean energy policies in Michigan are often thwarted by powerful monopoly utilities that are among the most prolific political donors in the state
www.wmuk.org/wmuk-news/20...
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Advocates hope banning many utility donations will help clean energy legislation in Michigan
Renewable-energy advocates say utilities have too much influence over the officials that regulate them, and that a proposed ballot measure could help change that.
https://www.wmuk.org/wmuk-news/2025-09-02/advocates-hope-banning-many-utility-donations-will-help-clean-energy-legislation-in-michigan
about 1 month ago
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"By the time Dan Besse clicked open the email message from
[email protected]
, he knew something strange was going on with the campaign to support a local gas pipeline expansion."
www.eenews.net/articles/how...
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How mass emails eroded support for a North Carolina pipeline
Williams Cos. went online to seek local backing for its Transco expansion project, but the effort may have backfired.
https://www.eenews.net/articles/how-mass-emails-eroded-support-for-a-north-carolina-pipeline/
about 1 month ago
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Karlee Weinmann
Nina Lakhani
about 1 month ago
By me from Mohave county: āIt happened so fastā - the shocking reality of indoor heat deaths in Arizona as energy bill rise and federal aid shrinks
www.theguardian.com/us-news/2025...
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āIt happened so fastā: the shocking reality of indoor heat deaths in Arizona
Heat deaths could surge in the state as energy poverty linked to Trumpās energy and trade policies burns
https://www.theguardian.com/us-news/2025/aug/31/phoenix-heat-deaths?CMP=Share_iOSApp_Other
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