ALLETE has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start the process to become a private company. Learn more at www.ALLETEforward.com.

News Releases

Date Title and Summary Additional Formats
Toggle Summary ALLETE, Inc. Transfers Kendall Energy Agreements
DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Rainy River Energy Corporation, completed the assignment of its power purchase agreement with LSP-Kendall Energy, LLC, the owner of an energy generation facility located in Kendall County, Ill., to Constellation Energy
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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 Automotive Earnings Growth Highlights ALLETE's Third-Quarter Results
Automotive Earnings Growth Highlights ALLETE's Third-Quarter Results DULUTH, Minn.--Bolstered by a strong showing from its Automotive Services businesses, ALLETE, Inc. (NYSE:ALE) today reported third quarter 2003 earnings of 57 cents per share, compared with 55 cents per share in the third quarter
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Toggle Summary Barbara A. Nick Named to ALLETE Board of Directors
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 31, 2020-- Barbara A. Nick , recently retired president and CEO of Dairyland Power Cooperative (DPC), has joined ALLETE’s (NYSE: ALE) board of directors. She was elected by the board July 28, 2020 . This press release features multimedia.
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Toggle Summary Bethany M. Owen Named CEO of ALLETE; Alan R. Hodnik Announces Plans to Retire May 2021
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 3, 2020-- ALLETE , Inc.’s (NYSE:ALE) Board of Directors today announced that Bethany Owen , current President of ALLETE , has been elected CEO of ALLETE . Owen succeeds Al Hodnik . To support an orderly transition, Hodnik will serve as Executive Chairman of the
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Toggle Summary Bethany M. Owen named Chair of ALLETE Board of Directors
DULUTH, Minn. --(BUSINESS WIRE)--May 11, 2021-- The ALLETE Inc. (NYSE:ALE) board of directors has named President and Chief Executive Officer Bethany M. Owen chair of the ALLETE board of directors effective May 11, 2021 . This press release features multimedia.
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Toggle Summary Bethany Owen Named President of ALLETE
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 4, 2019-- ALLETE , Inc.’s (NYSE:ALE) Board of Directors has elected Bethany Owen President of ALLETE . Owen, 53, has been with the company for more than 16 years and will report to Al Hodnik who remains Chairman and CEO of ALLETE .
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Toggle Summary BNI Coal, Minnkota sign 10-year extension to coal supply agreement
BNI Coal, Minnkota sign 10-year extension to coal supply agreement BNI Coal, an ALLETE (NYSE: ALE) company, has reached an agreement with Minnkota Power Cooperative to continue supplying lignite coal to the North Dakota electric generating cooperative through 2037.
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Toggle Summary Bob Adams Promoted to ALLETE Chief Financial Officer Effective March 2017
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) Chief Risk Officer and Senior Vice President of Energy-Centric Businesses Bob Adams has been promoted to ALLETE Chief Financial Officer effective March 4, 2017 . He will replace current CFO Steve DeVinck , who recently announced his
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Toggle Summary Bob Adams to Assume Position of ALLETE Chief Financial Officer
DULUTH, Minn. --(BUSINESS WIRE)-- Bob Adams assumes the role of Chief Financial Officer for ALLETE Inc. (NYSE:ALE) effective March 4, 2017 . He succeeds Steve DeVinck , who last fall announced his plan to retire in the spring of 2017. "I've been very pleased by the thoughtful handoff between these
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