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flag Minnesota Power sold to Canadian firm Fortis Inc., pending approval, affecting rates and energy future.

flag Minnesota Power, owned by MinnKota, is being sold to an investor group led by the Canadian utility company Fortis Inc. flag The deal, pending regulatory approval, could impact electricity rates, service reliability, and environmental policies for residents. flag While Fortis has committed to maintaining current rates and investing in infrastructure, long-term changes may depend on future regulatory decisions. flag The sale has sparked debate over energy independence, local control, and the pace of transitioning to renewable energy sources.

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