Blackrock Monopolizes The Grid

InfoWars.com ^ | December 18th, 2025 1:10 PM | Bowne Report

[E. Pluribus Unum]

In a move that’s raising alarms across the nation, BlackRock through its 2024 acquisition of Global Infrastructure Partners (GIP) has surged into direct ownership of U.S. energy infrastructure, shifting from passive investor to hands on controller of critical utilities and grids.

The Minnesota Public Utilities Commission approved a $6.2 billion takeover of Allete, parent of Minnesota Power, by a BlackRock led consortium with Canada Pension Plan in October 2025, granting private equity majority control over power serving 150,000 customers. Meanwhile, GIP is in advanced talks for a potential $38 billion acquisition of AES Corporation, a major player with renewable assets nationwide. In Texas, BlackRock’s footprint grows via GIP owned firms like Eolian, developing massive battery storage projects such as the 400 MW/1.8 GWh Padua Complex near San Antonio to stabilize ERCOT amid retiring fossil plants and exploding AI driven demand. After retreating from ESG commitments and exiting net zero alliances under political pressure, Texas removed BlackRock from its fossil fuel boycott list in June 2025, paving the way for deeper ties including Larry Fink co hosting energy investment summits with state leaders.

Summary of Video Transcript

The transcript from an InfoWars report by John Bowne criticizes BlackRock's expansion into U.S. energy infrastructure following its 2024 acquisition of Global Infrastructure Partners (GIP).It highlights BlackRock CEO Larry Fink's positive view of infrastructure investing as a "golden age," driven by decarbonization, AI demand, and capital needs.The report alleges BlackRock is shifting to direct ownership and control of critical utilities, potentially prioritizing profits over affordable rates.Specific claims include:

• A BlackRock-led consortium (with Canada Pension Plan) gaining approval in October 2025 for a $6.2 billion takeover of ALLETE (parent of Minnesota Power), serving 150,000 customers, despite opposition from consumer advocates concerned about rate hikes and reduced accountability.

• GIP in advanced talks for a potential $38 billion acquisition of AES Corporation, a major renewable energy player.

• BlackRock's investments in Texas projects, such as battery storage via GIP-owned firms, to support grid stability amid AI growth and fossil plant retirements.

It mentions a Texas Attorney General lawsuit against BlackRock over ESG policies allegedly manipulating energy markets, and notes Blackstone's separate ongoing process to acquire the Texas-New Mexico grid operator (TXNM Energy).The report expresses concerns that private equity firms, having exhausted retail sectors, are targeting infrastructure, potentially loading debt on utilities, subsidizing big tech, and eroding public oversight.

[Paladin2]

Energy is Power.

It’s time to get a whole house system.

[BipolarBob]

A PE firm should NEVER own a utility. Appolo mgmt. bought out Centurylink (my isp) and refuses to repair my internet service. The Public Service said because they are a private company they can run it any way they want to. Unlike a regulated utility.

[sauropod]

Umm-hmmm...

[MacNaughton]