Reaffirms 2021 earnings guidance range of $3.00 - $3.30 per share DULUTH, Minn. --(BUSINESS WIRE)--May 6, 2021-- ALLETE, Inc. (NYSE: ALE) today reported first quarter 2021 earnings of 99 cents per share on net income of $51.8 million . Last year’s results were $1.28 per share on net income of $66.3
DULUTH, Minn. --(BUSINESS WIRE)--May 5, 2021-- ALLETE Clean Energy , a wholly owned subsidiary of ALLETE, Inc. (NYSE: ALE), has acquired the Red Barn wind project and signed an asset sales agreement with WEC Energy Group utility Wisconsin Public Service Corp. (WPS) and Madison Gas and Electric Co.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 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.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 23, 2021-- ALLETE Inc. (NYSE:ALE) has received statewide recognition for its long history of advancing women in corporate leadership roles. The 2020 Minnesota Census of Women in Corporate Leadership, produced by St. Catherine University in St.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 8, 2021-- ALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 6, 2021 . Following the release, ALLETE Chief Executive Officer and President Bethany M.
DULUTH, Minn. --(BUSINESS WIRE)--Apr. 5, 2021-- ALLETE Inc. has released its 2020 corporate sustainability report highlighting the company’s performance related to energy and the environment, social responsibility, and best-practices governance. The enhanced 2020 report includes both a narrative
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 17, 2021-- ALLETE, Inc. (NYSE: ALE) today reported 2020 earnings of $3.35 per share on net income of $174.2 million and operating revenue of $1.2 billion . Reported results from 2019 were $3.59 per share on net income of $185.6 million and operating revenue of
Upgraded southwest Minnesota project will increase amount of low-cost carbon-free electricity DULUTH, Minn. --(BUSINESS WIRE)--Feb. 16, 2021-- ALLETE Clean Energy , a wholly owned subsidiary of ALLETE Inc. (NYSE: ALE), will repower and expand the Northern Wind site, consisting of the Chanarambie
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 10, 2021-- ALLETE Clean Energy , a wholly owned subsidiary of ALLETE, Inc. (NYSE: ALE), announced today renewable energy sale agreements with the Oshkosh Corporation and Hormel Foods for a combined 100 megawatts from its Caddo wind site under construction in
DULUTH, Minn. --(BUSINESS WIRE)--Feb. 4, 2021-- ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company’s common stock to 63 cents per share, a two percent increase. “ALLETE’s board is confident in this dividend increase given our