Tuesday, September 03, 2013
Published 4:00pm Tuesday, September 3, 2013
Albert Lea Evening Tribune By Tim Engstrom
Alliant Energy announced Tuesday it is selling its electric distribution business in Minnesota to a dozen local electric cooperatives and its natural gas operations to Rosemount-based Minnesota Energy Resources.
There will be no changes immediately. After the $128 million transaction gets regulatory approval, Albert Lea residents will pay their electricity bill to Albert Lea-based Freeborn-Mower Cooperative Services and their gas to Minnesota Energy Resources.
“We are really pleased that this deal fell together, and it is good for our customers,” said Tom...