Eversheds Sutherland Coop Law Blog
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Basin Electric to Purchase Interest in NTEC

ALLETE, Inc. announced that it is selling a portion of its ownership stake in the planned Nemadji Trail Energy Center (NTEC) to Basin Electric Power Cooperative. NTEC is a proposed combined-cycle, natural gas power plant to be built in Superior, Wisconsin, and is expected to be capable of delivering approximately 600 MW.