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Wall St. Firms Are Buying Utilities to Tap Into the A.I. Boom; Consumer groups say proposals by BlackRock and Blackstone to buy energy companies in Minnesota, New Mexico and Texas could hurt residents

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Submitted ⁨⁨1⁩ ⁨week⁩ ago⁩ by ⁨silence7@slrpnk.net⁩ to ⁨nyt_gift_articles@sopuli.xyz⁩

https://www.nytimes.com/2025/07/17/business/energy-environment/blackrock-minnesota-power.html?unlocked_article_code=1.XE8.aGuC.VggV3_-oQ8hH

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  • pdxfed@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Definitely a good sign when VC wants to get into the boring business of utilities. Definitely means the government regulators are on top of it and good things ahead for citizens

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