ISHPEMING, MI-- The sale of Upper Peninsula Power Company to a Michigan corporation is final.
All regulatory approvals are complete in order for Balfour Beatty Infrastructure Partners to acquire UPPCO from Integrys Energy Group.
UPPCO serves about 52,000 people in ten of the Upper Peninsula’s 15 counties. Its assets include seven hydroelectric facilities, 3,300 miles of power lines, and 58 distribution substations.
New Chief Executive Officer Barbara Siehr says officials are looking forward to building a new Upper Peninsula Power Company while continuing to stay involved in the community.