DULUTH, Minn. --(BUSINESS WIRE)--Apr. 16, 2024-- ALLETE, Inc. (NYSE:ALE) has been named an Honor Roll company of Special Distinction in an annual report on gender diversity in the executive ranks and on the boards of directors of the largest publicly traded companies in Minnesota . St.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 12, 2024-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 9, 2024 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 20, 2024-- ALLETE, Inc. (NYSE: ALE) today reported 2023 earnings of $4.30 per share on net income of $247.1 million and operating revenue of $1.9 billion . Reported results from 2022 were $3.38 per share on net income of $189.3 million and operating revenue of
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 15, 2024-- Minnesota Power , a utility division of ALLETE Inc. (NYSE: ALE), has issued a Request for Proposals (RFP) for up to 400 megawatts of wind energy to come online by the end of 2027, an important milestone in advancing its Energy Forward vision for
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 7, 2024-- ALLETE Inc. (NYSE:ALE) will announce its financial results for 2023 before the stock markets open on Tuesday, February 20, 2024 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Jan. 26, 2024-- ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company’s common stock to $0.705 per share, a 4.1% percent increase. “This dividend increase reflects the ALLETE Board of Directors’
North Plains Connector will link three regional energy markets DULUTH, Minn. --(BUSINESS WIRE)--Dec. 21, 2023-- ALLETE, Inc. (NYSE:ALE) and North Plains Connector LLC , a subsidiary of Grid United LLC , this week signed development agreements for the North Plains Connector project, a new,
DULUTH, Minn. --(BUSINESS WIRE)--Nov. 15, 2023-- Minnesota Power , a utility division of ALLETE Inc. (NYSE: ALE), took an important step in advancing its EnergyForward vision for 100% carbon-free energy with the issuance of a Request for Proposals (RFP) for up to 300 megawatts of regional solar
DULUTH, Minn. --(BUSINESS WIRE)--Nov. 2, 2023-- ALLETE, Inc. (NYSE: ALE) today reported third quarter 2023 earnings of $1.49 per share on net income of $85.9 million . Last year’s third quarter results were 59 cents per share on net income of $33.7 million .
Duluth, Minn. — As Minnesota Power continues the transition to a reliable, resilient clean-energy future through its EnergyForward strategy, today the company is filing its 2024 electric rate proposal with the Minnesota Public Utilities Commission (MPUC). The 2024 proposal supports the investments that the company is making to continue to advance a clean-energy transition for the region and the state.