News Releases

 
News Releases
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Aug 2, 2017
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 w...
Aug 2, 2017
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 of $314.8 million. ...
Jul 27, 2017
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. The regular qu...
Jul 10, 2017
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. Hodnik, Senior Vice Preside...
Jun 7, 2017
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 EnergyForward strategy for ...
May 9, 2017
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE Inc. (NYSE:ALE) has significantly expanded its North American footprint while continuing to focus on providing sustainable energy and water solutions, company investors heard today at the Duluth-based energy company's 2017 Annual Meeting of Shareholders. ...
May 4, 2017
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE: ALE) today reported first quarter 2017 earnings of 97 cents per share on net income of $49.0 million and operating revenue of $365.6 million. Last year's results were 93 cents per share on net income of $45.9 million and operating revenue of $333.8 million. ...
Apr 26, 2017
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. The regular qu...
Apr 10, 2017
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 4, 2017. Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R. Hodnik, Senior Vice President and Chief F...
Mar 16, 2017
Project will expand ACE wind portfolio to 640 MW across five states DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. (NYSE: ALE), today announced its plan to build, own and operate a 100-megawatt wind farm in Morton and Mercer counties in North D...
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