News Releases

Date Title and Summary Additional Formats
Toggle Summary ALLETE, Inc. Reports Third Quarter Earnings of 53 Cents; Reaffirms 2021 Earnings Guidance Range
DULUTH, Minn. --(BUSINESS WIRE)--Nov. 4, 2021-- ALLETE, Inc. (NYSE: ALE) today reported third quarter 2021 earnings of 53 cents per share on net income of $27.6 million . Last year’s results were 78 cents per share on net income of $40.7 million . “ALLETE is making significant progress on strategic
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Toggle Summary Minnesota Power Files Request for Rate Change to Support Sustainable Energy Future Amid Changing Customer Demand
DULUTH, Minn. --(BUSINESS WIRE)--Nov. 1, 2021-- Minnesota Power , a utility division of ALLETE Inc. (NYSE: ALE), is filing a request today with the Minnesota Public Utilities Commission (MPUC) to increase its annual operating revenue by $108 million and adjust rates for its retail electric
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Toggle Summary ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 29, 2021-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 63 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.52 per share, unchanged from the previous quarter.
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Toggle Summary ALLETE to Announce Third Quarter Financial Results November 4
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 7, 2021-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Thursday, November 4, 2021 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
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Toggle Summary Charlene A. Thomas Named to ALLETE Board of Directors
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 5, 2021-- ALLETE Inc.’s (NYSE: ALE) board of directors has elected Charlene A. Thomas , chief diversity, equity and inclusion officer for United Parcel Service Inc. (NYSE: UPS ), to serve on the board effective Oct. 4, 2021 .
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Toggle Summary ALLETE Announces Third Partner in Nemadji Trail Energy Center Project
Basin Electric joins Dairyland Power and ALLETE as an investor and owner of the planned Superior, WI plant DULUTH, Minn. --(BUSINESS WIRE)--Sep. 28, 2021-- ALLETE, Inc. (NYSE:ALE) - announced today it is selling a portion of its ownership stake in the planned Nemadji Trail Energy Center (NTEC) to
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Toggle Summary ALLETE, Inc. Reports Second Quarter Earnings of 53 Cents Per Share
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 4, 2021-- ALLETE, Inc. (NYSE: ALE) today reported second quarter 2021 earnings of 53 cents per share on net income of $27.9 million . Last year’s results were 39 cents per share on net income of $20.1 million . Results in the second quarter of 2020 included an
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Toggle Summary ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 29, 2021-- The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 63 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.52 per share, unchanged from the previous quarter.
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Toggle Summary ALLETE to Announce Second Quarter Financial Results August 4
DULUTH, Minn. --(BUSINESS WIRE)--Jul. 9, 2021-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Wednesday, August 4, 2021 . Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M.
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Toggle Summary Bethany M. Owen named Chair of ALLETE Board of Directors
DULUTH, Minn. --(BUSINESS WIRE)--May 11, 2021-- The ALLETE Inc. (NYSE:ALE) board of directors has named President and Chief Executive Officer Bethany M. Owen chair of the ALLETE board of directors effective May 11, 2021 . This press release features multimedia.
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