News Releases

 
News Releases
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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...
Sep 26, 2016
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE (NYSE:ALE) today announced the planned retirement of Chief Financial Officer Steve DeVinck. As part of a planned orderly transition, DeVinck will remain at the company until spring 2017. DeVinck joined ALLETE in 1997 after fourteen years with the U.S. ...
Aug 3, 2016
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE: ALE) today reported second quarter 2016 earnings of 50 cents per share on net income of $24.8 million and operating revenue of $314.8 million. Last year's results were 46 cents per share on net income of $22.5 million and operating revenue of $323.3 million, an...
Jul 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...
Jul 27, 2016
DULUTH, Minn.--(BUSINESS WIRE)-- Minnesota Power today is releasing the first in a series of Requests for Proposals as part of the company's broad resource evaluation process to further its EnergyForward strategy. EnergyForward calls for a diversified power supply to meet customers' needs reliably and cost ...
Jul 11, 2016
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 3, 2016. Following the release, ALLETE Chairman, Chief Executive Officer and President Alan R. Hodnik, and Chief Financial...
May 25, 2016
DULUTH, Minn.--(BUSINESS WIRE)-- Al Rudeck has been named President of ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. (NYSE:ALE). Rudeck will replace Eric Norberg, who is retiring effective July 1, 2016, after 38 years with ALLETE. This Smart News Release features multimedia. View th...
May 10, 2016
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE Inc. (NYSE:ALE) is providing sustainable solutions for the nation's changing energy and water needs, company investors heard today at the Duluth-based energy company's 2016 Annual Meeting of Shareholders. About 700 people attended the 2016 Annual Meeting at ...
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