JANUARY 25, 2021 – AXIUM INFRASTRUCTURE ACQUIRES REGULATED ELECTRIC UTILITY PROVIDER IN MICHIGAN’S UPPER PENINSULA
New York, NY – Axium Infrastructure is pleased to announce the execution of definitive agreements for the acquisition of a 100% equity interest in Upper Peninsula Holding Company, owner of a 100% equity interest in Upper Peninsula Power Company (UPPCO or the Company), from Basalt Infrastructure Partners. The transaction remains subject to regulatory approval.