News Releases

 
News Releases
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Dec 15, 2016
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 ...
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 16, 2016
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 w...
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...
Nov 2, 2016
EnergyForward 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 ...
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 19, 2016
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 EnergyForward plan to meet customer electric-service needs in a balanced, reliable and ...
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...
Oct 6, 2016
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Friday, November 4, 2016. Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R. Hodnik, and Chief Financial Officer St...
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