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.
ALLETE Announces Sale of Florida Water Services (Duluth, Minn.) -- ALLETE, Inc. (NYSE: ALE) announced today that its Orlando-based water utility business, Florida Water Services, has entered into an agreement to sell its assets to Florida Water Services Authority.
ADESA Opens The Largest Vehicle Auction in California TRACY, Calif. – ADESA Corp., North America’s fastest growing wholesale vehicle remarketing network, opened its doors to the new ADESA Golden Gate today. The new location in Tracy, Calif. is housed between Interstate 205 and 580, in the heart of
Rapids Power Co-Generation Project Canceled GRAND RAPIDS, Minn., Tuesday, August 6, 2002 – Rapids Power LLC announced today that it has canceled plans to pursue construction of a state-of-the-art 225 megawatt combined-heat-and-power (CHP) facility in Grand Rapids.
ALLETE Declares Dividend on Common Stock ALLETE’s (NYSE: ALE) Board of Directors has declared a quarterly dividend on the company’s common stock. A dividend of 27.5 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.10 per share, unchanged
ALLETE Reports Second Quarter Earnings Duluth, Minn. — ALLETE, Inc. (NYSE: ALE) today reported earnings of 47 cents per share for the second quarter of 2002. Net income was $38.8 million on quarterly operating revenue of $376.7 million. Excluding exit charges related to the vehicle transport
ADESA’s Great Rigs Sold to The Waggoners Trucking Indianapolis -- ADESA Corp. has sold substantially all of the assets of its transportation subsidiary, Great Rigs Incorporated, to The Waggoners Trucking, based in Billings, Mont. Terms of the deal were not disclosed.
ALLETE Reports First Quarter Earnings Duluth, Minn. -- ALLETE, Inc. (NYSE: ALE) today reported earnings of 44 cents per share for the first quarter of 2002, compared with 46 cents for the first quarter of 2001. Net income for the quarter was $35.2 million on quarterly revenue of $373 million,
ALLETE Declares Dividend on Common Stock ALLETE’s (NYSE: ALE) Board of Directors has declared a quarterly dividend on the company’s common stock. A dividend of 27.5 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.10 per share, unchanged
Rapids Power Project To Be Delayed Grand Rapids, Minn. – Officials from Rapids Power LLC, announced today that it will delay, for at least six months, seeking the Certificate of Need (CON) permit which is required for the construction of the 225 MW combined heat and power (CHP) facility in Grand
ALLETE Schedules First-Quarter Earnings Release and Conference Call Duluth, Minn. – ALLETE, Inc. (NYSE:ALE) will announce its financial results for the quarter ended March 31, 2002 before the market opens on Thursday, April 25, 2002. Following the release, ALLETE Chairman, President and CEO David