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)--Nov. 10, 2022-- The Minnesota Public Utilities Commission today unanimously approved Minnesota Power’s 15-year Integrated Resource Plan (IRP), the regulatory roadmap for the company’s Energy Forward vision to provide 100% carbon-free energy by 2050 while
Minnesota Power redeems 5% preferred stock Minnesota Power, Inc. has called for redemption of all 113,358 outstanding shares of its 5% Preferred Stock at $102.50 per share plus accrued and unpaid dividends of 75 cents per share. The redemption date is August 24, 2000.
Minnesota Power reports strong operating results for 1999 Minnesota Power, Inc. has announced 1999 net income from operations of $104.2 million, excluding a non-cash charge (described below) of $36.2 million, resulting in reported net income of $68 million on revenue of $1.1 billion.
Minnesota Power requests rate increase for retail customers DULUTH, Minn. - Minnesota Power, an ALLETE company (NYSE: ALE), today filed a rate adjustment request with the Minnesota Public Utilities Commission (MPUC), seeking an increase of $45 million in the electric rates charged to its retail
Duluth, Minn.-To support a stronger electric system and a healthier environment for its customers in Northeastern Minnesota, today Minnesota Power asked for an $81 million net increase in electric retail rates. New rates approved by the Minnesota Public Utilities Commission are expected to go into
Minnesota Power Requests Wholesale Customer Rate Increase DULUTH, Minn.- On December 28, 2007 Minnesota Power, an ALLETE company (NYSE: ALE), filed a rate adjustment request with the Federal Energy Regulatory Commission (FERC) seeking an increase in the electric rates of its wholesale customers.
Minnesota Power Secures Contract With New Mining Customer PolyMet DULUTH, Minn.Minnesota Power, a division of Duluth-based ALLETE, Inc. (NYSE:ALE) announced today that it has reached an agreement with the U.S. subsidiary of PolyMet Mining Corp. (AMEX:PLM) to provide all of PolyMet's electric
Minnesota Power Secures Long-Term Energy Contract with Largest Customer July 5, 2005 DULUTH, Minn.--Minnesota Power, a division of Duluth-based ALLETE, Inc. (NYSE: ALE), announced today it has reached a long-term, all requirements agreement with United States Steel Corporation (NYSE: X) to provide
Minnesota Power Secures Long-Term Energy Contract With Stora Enso Paper December 19, 2005 DULUTH, Minn.Minnesota Power, a division of Duluth-based ALLETE, Inc. (NYSE: ALE), announced today it has reached a long-term agreement with Stora Enso's Duluth Paper Mill and Duluth Recycled Pulp Mill,