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 Board Raises Quarterly Common Stock Dividend By Fifteen Percent DULUTH, Minn. The ALLETE (NYSE:ALE) Board of Directors has increased the quarterly dividend on the company's common stock by fifteen percent to 36.25 cents per share. "This substantial increase reflects ALLETE's solid
ALLETE To Announce 2005 Financial Results On February 16 DULUTH, Minn.-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for 2005 before the financial markets open on Thursday, February 16, 2006. Following the release, ALLETE Chairman, President and CEO Donald J.
ALLETE Properties Announces First Sales Contract for Palm Coast Park Development DULUTH, Minn.-ALLETE, Inc. (NYSE: ALE) announced today that a real estate subsidiary of ALLETE Properties LLC has entered into its first sales contract at Palm Coast Park, one of three development projects the company
MN Power Secures Long-Term Energy Contract with Blandin Paper DULUTH, Minn.-Minnesota Power, a division of Duluth-based ALLETE, Inc. (NYSE: ALE), announced today it has reached an agreement with Blandin Paper Company, a subsidiary of UPM (NYSE: UPM), to provide all of Blandin's electric service
ALLETE TO INVEST IN AMERICAN TRANSMISSION COMPANY DULUTH, Minn.ALLETE, Inc. (NYSE: ALE) announced today it has signed an agreement with American Transmission Company (ATC) that will allow ALLETE, through its Wisconsin subsidiary Rainy River Energy Corporation - Wisconsin, to invest $60
Minnesota Power Secures Long-Term Energy Contract With Stora Enso Paper December 19, 2005 DULUTH, Minn.Minnesota Power, a division of Duluth-based ALLETE, Inc. (NYSE: ALE), announced today it has reached a long-term agreement with Stora Enso's Duluth Paper Mill and Duluth Recycled Pulp Mill,
Shippar Named Chairman Of Allete Board Of Directors DULUTH, Minn. The ALLETE, Inc. (NYSE:ALE) Board of Directors announced today that ALLETE President and CEO Donald J. Shippar will also serve as its Chairman, effective January 1, 2006. Shippar, 56, was elected ALLETE President and CEO in
ALLETE Announces Agreement To Sell Enventis Telecom To HickoryTech Corporation DULUTH, Minn.-ALLETE, Inc. (NYSE: ALE), announced today it has agreed to sell its subsidiary Enventis Telecom to HickoryTech Corporation (Nasdaq:HTCO) of Mankato, Minn. for $35.5 million.
ALLETE, Inc. (NYSE:ALE) today reported third quarter 2005 earnings of 58 cents per share from continuing operations compared to a loss of two cents per share in the third quarter a year ago. Last year's third quarter was impacted by a one-time charge of 38 cents per share for the early retirement
ALLETE Board of Directors 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 31.5 cents per share of common stock was declared by the board.