News Releases

Date Title and Summary Additional Formats
Toggle Summary ALLETE Clean Energy’s Newest Wind Facility Goes Online to Power Upper Midwest
Company expands wind fleet with addition of 106-megawatt Glen Ullin Energy Center in North Dakota DULUTH, Minn. --(BUSINESS WIRE)--Dec. 10, 2019-- ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE), announced today that its Glen Ullin Energy Center about 40 miles west of Bismarck,
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Toggle Summary ALLETE, Inc. Reports Third Quarter 2019 Earnings
DULUTH, Minn. --(BUSINESS WIRE)--Nov. 6, 2019-- ALLETE, Inc. (NYSE: ALE) today reported third quarter 2019 earnings of 60 cents per share on net income of $31.2 million . Last year’s results were 59 cents per share on net income of $30.7 million , which included 3 cents per share and $1.7 million
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Toggle Summary Minnesota Power Files Rate Request and Asks State Regulators to Increase Its Annual Operating Revenue
Continued investments in Energy Forward are transforming how energy is produced, delivered and used DULUTH, Minn. --(BUSINESS WIRE)--Nov. 1, 2019-- Minnesota Power , a utility division of ALLETE (NYSE: ALE), is filing a request today with state regulators to increase its annual operating revenue by
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Toggle Summary ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 24, 2019-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 58.75 cents per share of common stock. On an annual basis the dividend is equivalent to $2.35 per share, unchanged from the previous quarter.
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Toggle Summary ALLETE to Announce Third Quarter Financial Results on November 6
  DULUTH, Minn. --(BUSINESS WIRE)--Oct. 3, 2019-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Wednesday, November 6, 2019 . Following the release, ALLETE Chairman and Chief Executive Officer Alan R. Hodnik , President Bethany M.
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Toggle Summary ALLETE Clean Energy Celebrates Record-setting Construction Year during American Wind Week
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 13, 2019-- ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE), is in the middle of its biggest wind energy construction year as it celebrates this week’s American Wind Week. ALLETE Clean Energy is poised to nearly double its carbon-free wind
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Toggle Summary ALLETE, Inc. Reports Second Quarter 2019 Earnings Growth and Narrows Earnings Guidance Range
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 1, 2019-- ALLETE, Inc. (NYSE: ALE) today reported second quarter 2019 earnings of 66 cents per share on net income of $34.2 million . Last year’s results were 61 cents per share on net income of $31.3 million . "Clean energy investments at both our regulated
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Toggle Summary ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 25, 2019-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 58.75 cents per share of common stock. On an annual basis the dividend is equivalent to $2.35 per share, unchanged from the previous quarter.
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Toggle Summary ALLETE to Announce Second Quarter Financial Results on August 1
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 10, 2019-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Thursday, August 1, 2019 . Following the release, ALLETE Chairman and Chief Executive Officer Alan R. Hodnik , President Bethany M.
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Toggle Summary ALLETE Clean Energy's Diamond Spring Wind Project Will Provide Renewable Energy to Large Corporate Customers Including Smithfield Foods and Walmart
DULUTH, Minn. --(BUSINESS WIRE)--Jun. 14, 2019-- ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE), announced today a power sales agreement with Smithfield Foods, Inc. for the remaining output of the Diamond Spring wind site ALLETE Clean Energy will build, own and operate in
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