News Releases

Date Title and Summary Additional Formats
Toggle Summary ALLETE, Inc. Reports Third Quarter Results; Reaffirms 2017 Earnings Guidance
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. ( NYSE : ALE) today reported third quarter 2017 earnings of 88 cents per share on net income of $44 .9 million and operating revenue of $362.5 million . Last year's results were 81 cents per share on net income of $40 .3 million and operating revenue
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Toggle Summary ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn. --(BUSINESS WIRE)-- The ALLETE, Inc. ( NYSE : ALE) board of directors has declared a quarterly dividend of 53.5 cents per share of common stock. On an annual basis the dividend is equivalent to $2.14 per share, unchanged from the previous quarter.
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Toggle Summary ALLETE to Announce Third Quarter Financial Results on November 1
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Wednesday, November 1, 2017 . Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R.
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Toggle Summary ALLETE Subsidiary U.S. Water Acquires Tonka Water, a Minnesota-Based Supplier of Water Treatment Systems
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE Inc. ( NYSE : ALE) announced today that its wholly owned subsidiary U.S. Water Services has purchased Tonka Water , a major supplier of municipal and industrial water treatment systems. The addition of Tonka Water , based in Plymouth, Minnesota , expands
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Toggle Summary Robert P. Powers Named to ALLETE Board of Directors
DULUTH, Minn. --(BUSINESS WIRE)-- Robert P. Powers , recently retired vice chairman of American Electric Power (AEP), has joined ALLETE Inc.'s ( NYSE : ALE) board of directors. He was elected by the board August 23, 2017 . This Smart News Release features multimedia.
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Toggle Summary ALLETE Clean Energy Announces $80 Million Turbine Refurbishment Initiative
Project will enhance turbine performance and reliability, generate tax credits DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. ( NYSE : ALE), today announced a strategic initiative to refurbish 385 wind turbines at three wind farms in Minnesota and
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Toggle Summary ALLETE, Inc. Reports Strong Second Quarter 2017 Earnings
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. ( NYSE : ALE) today reported second quarter 2017 earnings of 72 cents per share on net income of $36 .9 million and operating revenue of $353.3 million . Last year's results were 50 cents per share on net income of $24 .8 million and operating revenue
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Toggle Summary ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn. --(BUSINESS WIRE)-- The ALLETE, Inc. ( NYSE : ALE) board of directors has declared a quarterly dividend of 53.5 cents per share of common stock. On an annual basis the dividend is equivalent to $2.14 per share, unchanged from the previous quarter.
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Toggle Summary ALLETE to Announce Second Quarter Financial Results on August 2
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Wednesday, August 2, 2017 . Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R.
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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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