ALLETE has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start the process to become a private company. Learn more at www.ALLETEforward.com.
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 28, 2022-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 65 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.60 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 25, 2022-- Minnesota Power , a utility division of ALLETE Inc. (NYSE: ALE), and Great River Energy today announced their intent to build an approximately 150-mile, double-circuit 345-kV transmission line from northern Minnesota to central Minnesota near Becker
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 11, 2022-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Wednesday, August 3, 2022 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 6, 2022-- ALLETE Inc.’s (NYSE: ALE) board of directors has elected Charles Matthews , retired president and chief executive officer of People’s Gas and North Shore Gas , to serve on the board effective July 6, 2022 . This press release features multimedia.
Reaffirms 2022 earnings guidance range of $3.60 - $3.90 per share DULUTH, Minn. --(BUSINESS WIRE)--May 5, 2022-- ALLETE, Inc. (NYSE: ALE) today reported first quarter 2022 earnings of $1.24 per share on net income of $66.3 million . Last year’s results were 99 cents per share on net income of $51.8
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 28, 2022-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 65 cents per share of common stock. On an annual basis the dividend is equivalent to $2.60 per share, unchanged from the previous quarter.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 25, 2022-- ALLETE Inc. (NYSE:ALE) has been recognized as a company of Special Distinction in a women’s corporate leadership census of Minnesota’s largest public companies. It is the third consecutive year ALLETE has received the honor.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 15, 2022-- ALLETE, Inc. (NYSE:ALE), today announced it has closed the previously announced acquisition of New Energy Equity, one of the nation’s top distributed solar developers, for approximately $165.5 million .
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 7, 2022-- ALLETE, Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 5, 2022 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Mar. 31, 2022-- ALLETE, Inc. (NYSE:ALE) (the “Company”) today announced the pricing of an underwritten public offering of 3,200,000 shares of its common stock at $63.00 per share. The size of the common stock offering was increased from the previously announced