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.
Boswell Energy Center Unit 4 to reduce mercury emissions by 90 percent, extend reliability and continue to provide cost-competitive energy Duluth, Minn.- The region's largest electric generating unit will undergo a major environmental retrofit that will greatly reduce emissions while helping to
Cap Re investment exchanged for ACE Ltd. shares, cash Minnesota Power, Inc. has exchanged 7.3 million shares of Capital Re Corporation (NYSE: KRE) common stock for 4.7 million shares of ACE Limited (NYSE: ACL) common stock plus $25.1 million in cash. The exchange of stock is the result of a revised
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE Inc. (NYSE:ALE) is providing sustainable solutions for the nation's changing energy and water needs, company investors heard today at the Duluth -based energy company's 2016 Annual Meeting of Shareholders. About 700 people attended the 2016 Annual Meeting at
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 5, 2021-- ALLETE Inc.’s (NYSE: ALE) board of directors has elected Charlene A. Thomas , chief diversity, equity and inclusion officer for United Parcel Service Inc. (NYSE: UPS ), to serve on the board effective Oct. 4, 2021 .
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 6, 2022-- ALLETE Inc.’s (NYSE: ALE) board of directors has elected Charles Matthews , retired president and chief executive officer of People’s Gas and North Shore Gas , to serve on the board effective July 6, 2022 . This press release features multimedia.
CHERYL MUNCE NAMED ADESA IMPACT PRESIDENT September 10, 2003 DULUTH, Minn.-- ALLETE, Inc. (NYSE: ALE) announced today that Cheryl Munce has been named president of ADESA Impact, ALLETE's total loss vehicle remarketing company based in Indianapolis. Munce is currently president of ADESA Impact's
Commission approves Minnesota Power's resource plan for meeting customer needs with a reliable, affordable and sustainable energy supply Duluth, Minn.-Minnesota Power's 2013 resource plan for meeting the electric energy needs of its customers with a diversified energy mix while preserving
Deborah Amberg Named ALLETE Vice President DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) has named Deborah Amberg to the position of ALLETE vice president, general counsel and secretary. Amberg, 38, succeeds Phil Halverson, who retired March 5. "Deb's expertise and skills are both extensive and
DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power today announced it will retire two small coal-fired generators at its Boswell Energy Center in Cohasset, Minn. , by the end of 2018. It is the latest step in the company's Energy Forward plan to meet customer electric-service needs in a balanced,
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 18, 2023-- The U.S. Department of Energy today awarded a $50 million grant to Minnesota Power to modernize its high-voltage direct current (HVDC) transmission system so it is ready to expand to meet future energy needs while increasing the reliability and