DULUTH, Minn. --(BUSINESS WIRE)--Mar. 31, 2022-- ALLETE, Inc. (NYSE:ALE) (the “Company”) today announced that it plans to commence an underwritten public offering of up to 2,950,000 shares of its common stock, subject to market conditions. In conjunction with this offering, the underwriters will be
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
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)--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. 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. 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.
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)--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.
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. 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