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.
Florida Water Services Sells Duval County System DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has sold its water and wastewater system serving Duval County, Florida to the Jacksonville Electric Authority for approximately $25
Florida Water Services Sells Hillsborough County System DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has closed on the sale of its water and wastewater system serving Hillsborough County, Florida.
Florida Water's Marion County System Sold DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has closed on a sale, by condemnation, of its water and wastewater system serving Marion County, Florida.
Gartzke Named ALLETE Chairman, CEO (Duluth, Minn.) -- David Gartzke, president of ALLETE, Inc., was named chairman and chief executive officer today, announced Nick Smith, chair of the executive committee of ALLETE's Board of Directors. Gartzke will retain the title of president.
George Goldfarb named to ALLETE Board of Directors Duluth, Minn., ALLETE, Inc. (NYSE:ALE) announced today that George Goldfarb has joined ALLETE's board of directors. Goldfarb is the President of Duluth based clothing retailer, Maurices, a wholly owned subsidiary of Ascena Retail Group, Inc.
Halfway through Bison I Wind project, Minnesota Power upgrades technology by switching to direct-drive turbines Duluth, Minn.-As the first half of its Bison I Wind Project in North Dakota nears completion, Minnesota Power is shifting into 2011's second phase by upgrading to even more efficient, new
Higher electric sales boost ALLETE, Inc. first quarter results ALLETE, Inc. (NYSE: ALE) today reported first quarter 2011 earnings of $1.07 per share on net income of $37.2 million and operating revenue of $242.2 million. This compares to earnings of 68 cents per share, net income of $23 million
Hodnik named Chair of ALLETE Board of Directors Duluth, Minn.-ALLETE, Inc. (NYSE:ALE) has named President and Chief Executive Officer Alan R. Hodnik to succeed Don Shippar as Chair of the ALLETE Board of Directors effective May 10, 2011. Hodnik, 51, who became President in 2009 and CEO in May 2010,
Holquist Named President of ALLETE Properties, Inc. (Fort Myers, FL) – Laura Holquist has been named president of ALLETE Properties, Inc. by the ALLETE Properties, Inc. board of directors. ALLETE Properties owns or controls companies that market land throughout Florida, including Lehigh Corporation