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Elizabeth Warren: “BlackRock acquired Alette, a publicly traded energy company…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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Private Equity is Going After Your Utilities.

Published | Video Starts at 04:28

I've done congressional oversight into blackrock and Blackstone and their recent acquisitions of public utility companies. Blackstone is trying to buy TXNM Energy, which provides electricity for about 800,000 homes in New Mexico and Texas. And BlackRock acquired Alette, a publicly traded energy company that provides electricity and other basic utilities in the Midwest. And it now seeking to purchase AES, another publicly traded utility company that provides electricity in Ohio. In Indiana. (04:28–04:38)

CLAIM

Asserts that BlackRock acquired Alette, a Midwest utility company.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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