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)--Nov. 1, 2021-- Minnesota Power , a utility division of ALLETE Inc. (NYSE: ALE), is filing a request today with the Minnesota Public Utilities Commission (MPUC) to increase its annual operating revenue by $108 million and adjust rates for its retail electric
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 29, 2021-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 63 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.52 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 7, 2021-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Thursday, November 4, 2021 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 5, 2021-- ALLETE Inc.’s (NYSE: ALE) board of directors has elected Charlene A. Thomas , chief diversity, equity and inclusion officer for United Parcel Service Inc. (NYSE: UPS ), to serve on the board effective Oct. 4, 2021 .
Basin Electric joins Dairyland Power and ALLETE as an investor and owner of the planned Superior, WI plant DULUTH, Minn. --(BUSINESS WIRE)--Sep. 28, 2021-- ALLETE, Inc. (NYSE:ALE) - announced today it is selling a portion of its ownership stake in the planned Nemadji Trail Energy Center (NTEC) to
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 4, 2021-- ALLETE, Inc. (NYSE: ALE) today reported second quarter 2021 earnings of 53 cents per share on net income of $27.9 million . Last year’s results were 39 cents per share on net income of $20.1 million . Results in the second quarter of 2020 included an
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 29, 2021-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 63 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.52 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 9, 2021-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Wednesday, August 4, 2021 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--May 11, 2021-- The ALLETE Inc. (NYSE:ALE) board of directors has named President and Chief Executive Officer Bethany M. Owen chair of the ALLETE board of directors effective May 11, 2021 . This press release features multimedia.
Reaffirms 2021 earnings guidance range of $3.00 - $3.30 per share DULUTH, Minn. --(BUSINESS WIRE)--May 6, 2021-- ALLETE, Inc. (NYSE: ALE) today reported first quarter 2021 earnings of 99 cents per share on net income of $51.8 million . Last year’s results were $1.28 per share on net income of $66.3