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.
ALLETE Declares Dividend on Common Stock ALLETE’s (NYSE: ALE) Board of Directors has declared a quarterly dividend on the company’s common stock. A dividend of 27.5 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.10 per share, unchanged
ALLETE Declares Dividend on Common Stock October 22, 2004 DULUTH, Minn. -- ALLETE's (NYSE: ALE) board of directors has declared a quarterly dividend on the company's common stock. A dividend of 30 cents per share of common stock was declared by the board.
ALLETE Declares Dividend on Common Stock DULUTH, Minn. -- ALLETE's (NYSE: ALE) board of directors has declared a quarterly dividend on the company's common stock. A dividend of 28.25 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.13
ALLETE Completes Successful Strategy With Sale of Remaining Florida Water Systems DULUTH, Minn - ALLETE, Inc. (NYSE: ALE) subsidiary Florida Water Services Corporation has completed the sale of its remaining 72 water and wastewater systems to Aqua America, Inc.
ALLETE Completes Separation of Automotive Business DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) today completed the spin-off of ADESA, Inc. (NYSE: KAR). As anticipated, ALLETE distributed to its shareholders one share of ADESA common stock for each share of ALLETE common stock they owned as of the
ALLETE Completes Sale of North Carolina Water Systems DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that it has completed the sale of its North Carolina-based water and wastewater systems, Heater Utilities, Inc., to Aqua America, Inc. (NYSE: WTR) for $48 million in cash and the assumption
Sale proceeds will support ALLETE growth in the clean-energy sector DULUTH, Minn. --(BUSINESS WIRE)--Mar. 27, 2019-- ALLETE Inc. (NYSE:ALE) announced today it has closed on the $270 million sale of U.S. Water Services Inc. to Kurita Water Industries Ltd.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 15, 2022-- ALLETE, Inc. (NYSE:ALE), today announced it has closed the previously announced acquisition of New Energy Equity, one of the nation’s top distributed solar developers, for approximately $165.5 million .
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,
Company’s latest project generates electricity for Fortune 500 corporate customers DULUTH, Minn. --(BUSINESS WIRE)--Jan. 25, 2022-- ALLETE Clean Energy , a wholly owned subsidiary of ALLETE, Inc. (NYSE: ALE), announced today the start of commercial operations at its Caddo Wind site in southern