FERC approved a deal in which BlackRock would buy all the limited liability company interests in Global Infrastructure Management for $3 billion in cash and 12 million shares of BlackRock Funding.

Canada's pension board and a private equity firm intend to buy Allete for $6.2 billion, a deal that appears to make some Minnesota regulators apprehensive.

FERC opened an inquiry into whether it should continue to grant blanket authorizations for holding companies to purchase public electric utility securities.

Vanguard’s request for an extension of its authorization to procure utility securities went into effect as FERC’s commissioners apparently split 2-2.

FERC renewed BlackRock's blanket authorization of utility stock purchases, but two commissioners expressed concern about it exerting undue influence.

NextEra, Daimler and BlackRock announced a joint venture to build and operate a national network of electric charging and hydrogen refueling stations.

The U.S. lags other wealthy countries in prioritizing sustainable investing, participants in virtual panel hosted by the Institute for Energy Economics and Financial Analysis (IEEFA) said last week. Despite progress in recent years, the panelists said, the mainstreaming of sustainable investing still faces structural hurdles, particularly at the institutional level, with financial service providers and …

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