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.
Minnesota Power, Inc. has new name -- ALLETE Minnesota Power, Inc. (NYSE: MPL) will begin doing business under a new name - ALLETE (NYSE: ALE) -- on September 1. The company's regulated electric business will continue to be called Minnesota Power. "With diverse, profitable and growing businesses
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 4, 2023-- Minnesota Power and Great River Energy today are filing an application for a Certificate of Need and Route Permit from the Minnesota Public Utilities Commission (MPUC) to build a high-voltage transmission line to bolster electric reliability in
Minnesota Power, Cleveland-Cliffs Execute Purchase Agreement With LTV (Duluth, MN)--Minnesota Power, a business of ALLETE, Inc. (NYSE:ALE), and Cleveland-Cliffs Inc (NYSE: CLE) announce that they have executed an Asset Purchase Agreement with LTV to acquire all of the assets of LTV Steel Mining Co.
Minnesota Power's Telecom Subsidiary "Makes Waves" In Minnesota (Duluth, MN)-MP Telecom, the telecommunications subsidiary of Duluth, Minnesota-based Minnesota Power-an ALLETE business (NYSE: ALE)-has significantly expanded its fiber optic bandwidth capacity and geography throughout Minnesota.
Minnesota Power's long-term electric service agreement with City of Nashwauk supports regional economic growth Duluth, Minn.-A new long-term electric service agreement between Minnesota Power, a division of ALLETE (NYSE: ALE) and the city of Nashwauk was approved by the Nashwauk Public Utilities
Minnesota Power's Industrial Customers Nominate Continued Strong Demand Levels Duluth, Minn.-Minnesota Power, a division of ALLETE, Inc. (NYSE:ALE) reported that demand nominations from its industrial customers for the months of May through August 2011 were received on March 1, 2011.
Minnesota Power's Great Northern Transmission Line will 'unlock a powerful synergy' between wind and hydro power DULUTH, Minn. -- Citing the benefits of additional clean energy to power electric growth across a stronger regional electric grid, ALLETE (NYSE:ALE) division Minnesota Power this week
DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power announced today that the U.S. Department of Energy (DOE) and the Minnesota Department of Commerce (DOC) have issued the Final Environmental Impact Statement (FEIS) for the Great Northern Transmission Line (GNTL).
Minnesota Power's first quarter earnings up 13% Minnesota Power's first quarter earnings up 13% Minnesota Power, Inc. has reported a 13 percent increase in first quarter 1999 net income compared to the same quarter last year. Net income was $20.9 million on quarterly revenue of $257.5 million
Minnesota Power's Bison 1 Wind Energy Center completed in North Dakota; Bison 2 and 3 up next Duluth, Minn.-Renewable energy is flowing to the power grid from Minnesota Power's newest wind farm near New Salem, N.D., where the company has commissioned 15 state-of-the-art wind turbines, completing