News Releases

Date Title and Summary Additional Formats
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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Toggle Summary ALLETE’s donation of retired corporate jet lifts Lake Superior College’s aviation program to new heights
Duluth, Minn. — ALLETE Inc. (NYSE: ALE) today announced it is donating a retired corporate jet to Lake Superior College’s Aviation Maintenance Technology program. Donation of the 1981 Hawker 700, the largest donation LSC’s aviation program has ever received, comes just one day ahead of this weekend’s Duluth Airshow.
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Toggle Summary ALLETE CEO Says Diversification Fuels Growth Outlook at Annual Meeting of Shareholders
DULUTH, Minn. --(BUSINESS WIRE)--May 8, 2018-- ALLETE Inc. (NYSE:ALE) is evolving into a renewable energy powerhouse while also growing its businesses and increasing its earnings outlook, Chairman, President and CEO Al Hodnik told investors today at the Duluth -based energy company’s 2018 annual
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Toggle Summary ALLETE Honored for Advancing Women in Leadership Roles
DULUTH, Minn. --(BUSINESS WIRE)--May 7, 2018-- ALLETE Inc. (NYSE:ALE) recently received state and national recognition for its success in advancing women in corporate leadership roles. The 2017 Minnesota Census of Women in Corporate Leadership, produced by St. Catherine University in St.
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