DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE (NYSE:ALE) today announced the planned retirement of Chief Financial Officer Steve DeVinck . As part of a planned orderly transition, DeVinck will remain at the company until spring 2017. DeVinck joined ALLETE in 1997 after fourteen years with the U.S.
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Friday, November 4, 2016 . Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R.
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE ( NYSE : ALE) announced today that Minnesota Power has reached a five-year agreement to supply electricity to U.S. Steel through at least December 2021 . The largest taconite producer on Minnesota's Iron Range , U.S.
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)-- 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
DULUTH, Minn. --(BUSINESS WIRE)-- The ALLETE, Inc. ( NYSE : ALE) board of directors has declared a quarterly dividend of 52 cents per share of common stock. On an annual basis the dividend is equivalent to $2.08 per share, unchanged from the previous quarter.
Energy Forward investments in reliable, safe and cleaner power are transforming the energy system that serves customers DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power , a utility division of ALLETE (NYSE:ALE), today filed a rate review request with the Minnesota Public Utilities Commission
ALLETE, INC. REPORTS THIRD QUARTER 2016 EARNINGS DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. ( NYSE : ALE) today reported third quarter 2016 earnings of 81 cents per share on net income of $40.3 million and operating revenue of $349.6 million . Last year's results were $1.23 per share on
Project will reduce carbon emissions and advance company's EnergyForward strategy DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power's Great Northern Transmission Line received federal approval today when the U.S. Department of Energy (DOE) issued a Presidential Permit, clearing the way for building
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE Inc. ( NYSE : ALE) announced today that its wholly owned subsidiary U.S. Water Services has purchased Water & Energy Systems Technology (WEST) Inc. WEST, based in Southern California , provides specialty chemicals and engineering services for water treatment