Southern Minnesota cooperatives celebrate 10 years of acquisition

Southern Minnesota cooperatives celebrate 10 years of acquisition

MAPLE GROVE — Thursday marked the 10-year anniversary of the successful acquisition of Alliant Energy’s Minnesota service territory by Southern Minnesota Energy Cooperative. The $127 million deal, completed in 2015, represents the largest-ever acquisition of investor-owned utility service territory by electric cooperatives in the United States. The acquisition brought together 12 electric distribution cooperatives spanning southern Minnesota, un…