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 Agrees To Sell Seven Systems For $296 Million July 24, 2003 DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has agreed to sell seven of its Florida water and wastewater systems to governmental entities in
ALLETE Reports Second-Quarter Net Income Growth Of 14 Percent DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) today reported second quarter 2003 earnings of 53 cents per share, compared with 47 cents per share in the second quarter of 2002. Net income rose 14 percent to $44.4 million on revenue of $409.9
ALLETE Schedules 2nd Quarter Earnings Release and Conference Call DULUTH, Minn.-ALLETE, Inc. (NYSE:ALE) will announce its financial results for the quarter ended June 30, 2003 during the morning of Thursday, July 24, 2003. Following the release, ALLETE Chairman, President and CEO David Gartzke and
Donnie Crandell Announces Retirement Donnie R. Crandell, executive vice president of ALLETE, Inc. (NYSE:ALE) announced that he will retire from full time service to the company effective July 31. He will continue to serve the company in an advisory capacity.
ALLETE, Inc. Board Elects Two New Directors DULUTH, Minn.—ALLETE, Inc. (NYSE: ALE) today announced the election of Dennis Green and Deborah Weinstein to its board of directors, effective June 1. Green, 62, is a Certified Public Accountant and former chief auditor at Citicorp and its principal
ALLETE 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 28.25 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.13 per
ALLETE Reports Solid First Quarter Earnings DULUTH, Minn.—ALLETE, Inc. (NYSE: ALE) today reported first quarter 2003 earnings of 54 cents per share, compared with 44 cents per share reported for the first quarter a year ago. Net income was $44.3 million on revenue of $422.9 million compared with
ALLETE Schedules First-Quarter Earnings Release and Conference Call DULUTH, Minn.-ALLETE, Inc. (NYSE:ALE) will announce its financial results for the quarter ended March 31, 2003 before the market opens on Friday, April 25, 2003. Following the release, ALLETE Chairman, President and CEO David
Florida Water Services Sale Update; ALLETE Reaffirms Strategic Review (DULUTH, Minn.)—ALLETE, Inc. (NYSE:ALE) announced that a Florida court ruling, issued today, will delay the sale of assets of its water services business, Florida Water Services Corporation (Florida Water) to the Florida Water
Florida Water Services Sale Update (DULUTH, Minn.)--ALLETE, Inc. (NYSE: ALE) announced that two Florida courts have taken favorable actions in proceedings related to the proposed sale by ALLETE subsidiary, Florida Water Services Corporation (Florida Water), of its assets to the Florida Water