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.

News Releases

Date Title and Summary Additional Formats
Toggle Summary Minnesota Power Partners with Habitat for Humanity-Duluth
Minnesota Power Partners with Habitat for Humanity-Duluth DULUTH, MN - June 19, 2001 - Through a unique partnership, Minnesota Power and the Duluth chapter of Habitat for Humanity are proposing to construct ten new Duluth housing units that are affordable and highly energy efficient.
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Toggle Summary Minnesota Power Poised to Break Ground on International Transmission Line Following Approval of Route Permit
DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power's Great Northern Transmission Line cleared a major regulatory hurdle today with approval of a route permit for the 500-kilovolt line that will deliver renewable, carbon-free hydroelectricity from Canada to the utility's customers in Northeastern
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Toggle Summary Minnesota Power Proposes 250 MW Hydroelectric Energy Purchase
Minnesota Power Proposes 250 MW Hydroelectric Energy Purchase DULUTH, Minn.- Minnesota Power, an ALLETE company (NYSE: ALE), announced today that it has signed a term sheet outlining two purchased-power agreements with Manitoba Hydro: an initial purchase by Minnesota Power of surplus energy to
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Toggle Summary Minnesota Power Proposes New Gas-Fired Power Plant in Superior, WI
Minnesota Power Proposes New Gas-Fired Power Plant in Superior, WI (Duluth, MN)—Minnesota Power, an ALLETE company (NYSE: ALE), plans to build a natural gas-fired electric generating facility near Superior, Wisconsin, to help meet the region’s energy needs during times of peak electrical demand.
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Toggle Summary Minnesota Power Proposes Next Step in EnergyForward Plan
Wind, solar and natural gas package will increase company's renewable mix, reduce carbon and preserve reliability for customers DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power , a utility division of ALLETE (NYSE:ALE), today announced the next step in its Energy Forward strategy for ensuring a
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Toggle Summary Minnesota Power Proposes Plan to Resolve Rate Request in Response to Economic Challenges of COVID-19
Customers will receive refund on bills and lower rates under proposal to state regulators DULUTH, Minn. --(BUSINESS WIRE)--Apr. 23, 2020-- Minnesota Power , a utility division of ALLETE (NYSE: ALE), today proposed a resolution to its November 2019 rate review that would reduce customers’ monthly
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Toggle Summary Minnesota Power Reaches 50 Percent Renewable Energy Milestone to Lead Minnesota Utilities
DULUTH, Minn. --(BUSINESS WIRE)--Dec. 16, 2020-- Minnesota Power customers are now receiving half of their energy from renewable sources as the company becomes the first Minnesota utility to deliver 50 percent renewable energy to customers. The achievement highlights the success of Minnesota
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Toggle Summary Minnesota Power Reaches Electric Rate Settlement With State Agencies and Large Power Customers
DULUTH, Minn. --(BUSINESS WIRE)--May 3, 2024-- Minnesota Power , a utility division of ALLETE Inc. (NYSE: ALE), has reached a settlement agreement on its 2024 electric rate proposal with the Minnesota Department of Commerce , Minnesota Attorney General’s Office and Large Power Intervenors.
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Toggle Summary Minnesota Power Reaches Five-Year Contract to Supply Electricity to U.S. Steel
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE ( NYSE : ALE) announced today that Minnesota Power has reached a five-year agreement to supply electricity to U.S. Steel through at least December 2021 . The largest taconite producer on Minnesota's Iron Range , U.S.
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Toggle Summary Minnesota Power reaches long-term agreement with municipal customers
Minnesota Power reaches long-term agreement with municipal customers DULUTH, Minn. -- Minnesota Power, an ALLETE company (NYSE:ALE), has reached agreement with 15 Minnesota municipal customers on new wholesale electric service contracts that take effect July 1 and extend through June 30, 2019.
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