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.
DULUTH, Minn. --(BUSINESS WIRE)--May 2, 2018-- ALLETE, Inc. (NYSE: ALE) today reported first quarter 2018 earnings of 99 cents per share on net income of $51.0 million and operating revenue of $358.2 million . Last year’s results were 97 cents per share on net income of $49.0 million and operating
DULUTH, Minn. --(BUSINESS WIRE)--May 7, 2018-- ALLETE Inc. (NYSE:ALE) recently received state and national recognition for its success in advancing women in corporate leadership roles. The 2017 Minnesota Census of Women in Corporate Leadership, produced by St. Catherine University in St.
DULUTH, Minn. --(BUSINESS WIRE)--May 8, 2018-- ALLETE Inc. (NYSE:ALE) is evolving into a renewable energy powerhouse while also growing its businesses and increasing its earnings outlook, Chairman, President and CEO Al Hodnik told investors today at the Duluth -based energy company’s 2018 annual
Duluth, Minn. — ALLETE Inc. (NYSE: ALE) today announced it is donating a retired corporate jet to Lake Superior College’s Aviation Maintenance Technology program. Donation of the 1981 Hawker 700, the largest donation LSC’s aviation program has ever received, comes just one day ahead of this weekend’s Duluth Airshow.
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 10, 2018-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Thursday, August 2, 2018 . Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R.
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 27, 2018-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 56 cents per share of common stock. On an annual basis the dividend is equivalent to $2.24 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 2, 2018-- ALLETE, Inc. (NYSE: ALE) today reported second quarter 2018 earnings of 61 cents per share on net income of $31 .3 million and operating revenue of $344.1 million . Last year’s results were 72 cents per share on net income of $36 .9 million and
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 3, 2018-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Thursday, November 1, 2018 . Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R.
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 25, 2018-- The ALLETE Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 56 cents per share of common stock. On an annual basis the dividend is equivalent to $2.24 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 31, 2018-- ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. (NYSE: ALE), today closed the approximately $84 million sale of the 48-megawatt phase two of the Thunder Spirit wind facility in North Dakota to Montana-Dakota Utilities .