News Releases

Date Title and Summary Additional Formats
Toggle Summary ALLETE to Announce 2016 Financial Results on February 15
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for 2016 before the stock markets open on Wednesday, February 15, 2017 . Following the release, ALLETE Chairman, President and Chief Executive Officer Alan R. Hodnik , Chief Financial Officer Steven Q.
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Toggle Summary ALLETE Clean Energy plans expansion of North Dakota wind farm
25-year power purchase agreement with Montana-Dakota Utilities includes sale option
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Toggle Summary Minnesota Regulators Set Interim Electricity Rates for Minnesota Power
An amended request and reduction in the Renewable Resources Rider means many customers will see only a small increase in January bills DULUTH, Minn. --(BUSINESS WIRE)-- The Minnesota Public Utilities Commission (MPUC) today approved an interim rate increase of 5.6 percent for Minnesota Power
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Toggle Summary ALLETE Subsidiary Strengthens Presence in Southwestern U.S. Water Market with Acquisition
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE Inc. ( NYSE : ALE) announced today that its wholly owned subsidiary U.S. Water Services has purchased Water & Energy Systems Technology (WEST) Inc. WEST, based in Southern California , provides specialty chemicals and engineering services for water treatment
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Toggle Summary Presidential Permit Paves Way for Minnesota Power's Great Northern Transmission Line to Deliver Canadian Hydropower to Customers
Project will reduce carbon emissions and advance company's EnergyForward strategy DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power's Great Northern Transmission Line received federal approval today when the U.S. Department of Energy (DOE) issued a Presidential Permit, clearing the way for building
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Toggle Summary ALLETE, Inc. Reports Third Quarter 2016 Earnings
  ALLETE, INC. REPORTS THIRD QUARTER 2016 EARNINGS DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. ( NYSE : ALE) today reported third quarter 2016 earnings of 81 cents per share on net income of $40.3 million and operating revenue of $349.6 million . Last year's results were $1.23 per share on
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Toggle Summary Minnesota Power Files Electric Rate Review Request with State Regulators
Energy Forward investments in reliable, safe and cleaner power are transforming the energy system that serves customers DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power , a utility division of ALLETE (NYSE:ALE), today filed a rate review request with the Minnesota Public Utilities Commission
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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 52 cents per share of common stock. On an annual basis the dividend is equivalent to $2.08 per share, unchanged from the previous quarter.
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Toggle Summary Bob Adams Promoted to ALLETE Chief Financial Officer Effective March 2017
DULUTH, Minn. --(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) Chief Risk Officer and Senior Vice President of Energy-Centric Businesses Bob Adams has been promoted to ALLETE Chief Financial Officer effective March 4, 2017 . He will replace current CFO Steve DeVinck , who recently announced his
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Toggle Summary Decision to Retire Two Small Coal Units Consistent with Minnesota Power's EnergyForward Plan
DULUTH, Minn. --(BUSINESS WIRE)-- Minnesota Power today announced it will retire two small coal-fired generators at its Boswell Energy Center in Cohasset, Minn. , by the end of 2018. It is the latest step in the company's Energy Forward plan to meet customer electric-service needs in a balanced,
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