News Releases

 
News Releases
  Date Title View
Mar 3, 2017
DULUTH, Minn.--(BUSINESS WIRE)-- Bob Adams assumes the role of Chief Financial Officer for ALLETE Inc. (NYSE:ALE) effective March 4, 2017. He succeeds Steve DeVinck, who last fall announced his plan to retire in the spring of 2017. "I've been very pleased by the thoughtful handoff between these tw...
Feb 15, 2017
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE: ALE) today reported 2016 earnings of $3.14 per share on net income of $155.3 million and operating revenue of $1.34 billion. Results from 2015 were $2.92 per share on net income of $141.1 million and operating revenue of $1.49 billion. Operating revenue in 2015...
Jan 25, 2017
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company's common stock to 53.5 cents per share, an increase of 3 percent. "This increase is supported by ALLETE's solid financial position and c...
Jan 16, 2017
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) announced today that LaMarr Barnes has been named Chief Executive Officer of wholly owned subsidiary U.S. Water Services (U.S. Water). Barnes replaces former CEO Allan Bly, who resigned his position after a 20-year career with the c...
Jan 11, 2017
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. DeVin...
Nov 18, 2016
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 tre...
Nov 4, 2016
DULUTH, Minn.--(BUSINESS WIRE)-- Fourth paragraph of the release should read: On November 2, 2016, Minnesota Power filed a retail rate increase request with the MPUC seeking an interim rate increase of approximately $49 million in additional revenue, with a final rate increase request of approximately $5...
Oct 28, 2016
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. The regular quar...
Oct 25, 2016
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 intention to retire in the...
Oct 11, 2016
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. Steel owns the Minntac and Keetac ta...
1
...
NextLast
= add release to Briefcase