News Releases

Date Title and Summary Additional Formats
Toggle Summary ALLETE to Announce 2018 Financial Results on Feb. 14
DULUTH, Minn. --(BUSINESS WIRE)--Jan. 11, 2019-- ALLETE Inc. (NYSE:ALE) will announce its financial results for 2018 before the stock markets open on Thursday, Feb. 14, 2019 . Following the release, ALLETE Chairman, President and Chief Executive Officer Alan R.
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Toggle Summary ALLETE Clean Energy Adds 50-MW Oregon Wind Site to Refurbishment Strategy
Condon Wind investment brings growth, positions site for recontracting DULUTH, Minn. --(BUSINESS WIRE)--Dec. 18, 2018-- ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE), announced today it is refurbishing its 50-megawatt Condon Wind facility in Oregon , with the project
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Toggle Summary ALLETE Clean Energy, Xcel Energy Sign New Contracts for Existing Southern Minnesota Wind Site
5-year agreements extend site’s sales to Xcel Energy customers DULUTH, Minn. --(BUSINESS WIRE)--Dec. 3, 2018-- ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE: ALE), has approved new 5-year power sale agreements between its Viking wind facilities in southern Minnesota and Xcel Energy
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Toggle Summary ALLETE, Inc. Reports Third Quarter 2018 Earnings
DULUTH, Minn. --(BUSINESS WIRE)--Nov. 1, 2018-- ALLETE, Inc. (NYSE: ALE) today reported third quarter 2018 earnings of 59 cents per share on net income of $30.7 million and operating revenue of $348.0 million . Last year’s results were 88 cents per share on net income of $44.9 million and operating
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Toggle Summary ALLETE Clean Energy Advances Growth Strategy with Sale of Wind Project in North Dakota While Breaking Ground on New Wind Development
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 31, 2018-- ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. (NYSE: ALE), today closed the approximately $84 million sale of the 48-megawatt phase two of the Thunder Spirit wind facility in North Dakota to Montana-Dakota Utilities .
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Toggle Summary ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 25, 2018-- The ALLETE Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 56 cents per share of common stock. On an annual basis the dividend is equivalent to $2.24 per share, unchanged from the previous quarter.
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Toggle Summary ALLETE to Announce Third Quarter Financial Results on November 1
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 3, 2018-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Thursday, November 1, 2018 . Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R.
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Toggle Summary ALLETE, Inc. Reports Second Quarter 2018 Earnings; Reaffirms Earnings Guidance
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 2, 2018-- ALLETE, Inc. (NYSE: ALE) today reported second quarter 2018 earnings of 61 cents per share on net income of $31 .3 million and operating revenue of $344.1 million . Last year’s results were 72 cents per share on net income of $36 .9 million and
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Toggle Summary ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 27, 2018-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 56 cents per share of common stock. On an annual basis the dividend is equivalent to $2.24 per share, unchanged from the previous quarter.
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Toggle Summary ALLETE to Announce Second Quarter Financial Results on August 2
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 10, 2018-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Thursday, August 2, 2018 . Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R.
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