$ALE News
Last published 11mo ago
- 11mo agoALEALLETE Announces Completion of Acquisition by CPP Investments and Global Infrastructure PartnersBusiness WireNew partnership offers unprecedented benefits for customers and communities while maintaining local management and regulatory oversight ALLETE, Inc. (NYSE:ALE) (the Company) today announced the completion of its
- 11mo agoALEALLETE Board of Directors Declares Stub Period Dividend on Common StockBusiness WireOn Dec. 14, 2025, the board of directors of ALLETE, Inc. (NYSE:ALE) (the Company) declared a "stub period" dividend, subject to the consummation of the merger, in an amount equal to $0.008 per share of Company common
- 11mo agoCRBGALESPGICorebridge Financial Set to Join S&P MidCap 400PR NewswireCorebridge Financial Inc. (NYSE: CRBG) will replace Allete Inc. (NYSE: ALE) in the S&P MidCap 400 effective prior to the open of trading on...
- 11mo agoALEALLETE Receives Written Order From MPUC Approving Acquisition by CPP Investments and Global Infrastructure Partners, Closing Expected Dec. 15Business WireALLETE, Inc. (NYSE:ALE) (the Company) today announced that it has reviewed the written order from the Minnesota Public Utilities Commission (MPUC) approving the company's acquisition by Canada Pension Plan Investment
- 11mo agoALENew Energy Equity's Lift As We Climb Foundation Raises $143,000 for Let's Share the Sun Foundation at 4th Annual Charity Golf TournamentPR NewswireNew Energy Equity and its Lift As We Climb Foundation (LAWC) raised $143,000 to support Let's Share the Sun Foundation (LSTS), a nonprofit dedicated...
- 1y agoALEAVAMDUNWE+1MDU Resources Joins North Plains Connector Utility ConsortiumBusiness WireMDU Resources is the seventh utility to join the North Plains Connector utility consortium, a group of utility participants who intend to invest in the HVDC transmission line connecting the Eastern and Western
- 1y agoALEALLETE, Inc. Awaits Written Order to Complete Sale to Partners Canada Pension Plan Investment Board and Global Infrastructure Partners; Reports Third Quarter 2025 EarningsBusiness WireALLETE, Inc. (NYSE:ALE) ALLETE today reported third quarter 2025 earnings of 46 cents per share on net income of $27.1 million. Last year's third quarter results were 78 cents per share on net income of $45.0 million.
- 1y agoALEALLETE to Announce Third Quarter Financial Results October 31Business WireALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Friday, October 31, 2025. ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In
- 1y agoALEALLETE Obtains Regulatory Approval from Minnesota Public Utilities Commission for Partnership with CPP Investments and Global Infrastructure PartnersBusiness WireAcquisition delivers pathway to help meet significant infrastructure demands of the clean-energy transition and approximately $200 million in customer benefits With all necessary regulatory approvals now in place,
- 1y agoALEALLETE, Inc. Reports Second Quarter 2025 EarningsBusiness WireALLETE, Inc. (NYSE:ALE) today reported second quarter 2025 earnings of 55 cents per share on net income of $31.9 million. Last year's second quarter results were 57 cents per share on net income of $33.0 million. Net
- 1y agoALEALLETE Board of Directors Declares Dividend on Common StockBusiness WireThe ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 73 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.92 per share, unchanged from the previous
- 1y agoALEALLETE Announces Agreement with Minnesota Department of Commerce to Deliver Immediate Post-Closing Cost Savings and Substantial Benefits for Customers and CommunitiesBusiness WireDepartment Determines Acquisition of ALLETE is "Consistent with the Public Interest" and Recommends MPUC Approval ALLETE, Inc. (NYSE:ALE) (the "Company") announced that the Company and its transaction partners Canada
- 1y agoALEALLETE to Announce Second Quarter Financial Results August 07Business WireALLETE Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Thursday, August 07, 2025. ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In
- 1y agoALEALLETE, Inc. Reports First Quarter 2025 EarningsBusiness WireALLETE, Inc. (NYSE:ALE) today reported first quarter 2025 earnings of 97 cents per share on net income of $56.1 million. Last year's first quarter results were 88 cents per share on net income of $50.7 million. Net
- 1y agoALEALLETE Board of Directors Declares Dividend on Common StockBusiness WireThe ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 73 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.92 per share, unchanged from the previous
- 1y agoALEALLETE to Announce First Quarter Financial Results May 08Business WireALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 08, 2025. ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In
- 1y agoALEALLETE recognized for commitment to women in leadership rolesBusiness WireALLETE, Inc. (NYSE:ALE) has been named an Honor Roll Company of Special Distinction in the 2024 Minnesota Census of Women in Corporate Leadership. This press release features multimedia. View the full release here:
- 1y agoALENew Energy Equity Announces Leadership Transition: Josh Kunkel to Succeed Matt Hankey as CEOPR NewswireNew Energy Equity, a subsidiary of ALLETE, Inc. (NYSE: ALE), announced today that Josh Kunkel, current president of New Energy Equity, will be...
- 1y agoALENew Energy Equity's Lift as We Climb Foundation Donates $100,000 to Civic Works to Expand Solar Access in BaltimorePR NewswireNew Energy Equity's Lift as We Climb Foundation has donated $100,000 to Civic Works, a Baltimore-based nonprofit, to support its mission of expanding ...
- 1y agoALEWisconsin Regulators Approve Proposed ALLETE Transaction With Canada Pension Plan Investment Board and Global Infrastructure PartnersBusiness WireALLETE, Inc. (NYSE:ALE) announced that the Public Service Commission of Wisconsin (PSCW) today approved the company's proposed transaction with Canada Pension Plan Investment Board (CPP Investments) and Global
- 1y agoALEALLETE Names Jeff Scissons Chief Financial OfficerBusiness WireALLETE, Inc. (NYSE:ALE) announced today that ALLETE Vice President and Corporate Treasurer Jeff Scissons has been promoted to chief financial officer. He succeeds Steven W. Morris, who recently announced his plan to
- 1y agoALENew Energy Equity Partners with Harlem Consolidated School District on 5.54 MWdc Community Solar ProjectPR NewswireNew Energy Equity, a national leader in developing and financing community and commercial solar projects, is pleased to announce a new partnership...
- 1y agoALEALLETE, Inc. Reports 2024 EarningsBusiness WireALLETE, Inc. (NYSE:ALE) today reported 2024 earnings of $3.10 per share on net income of $179.3 million and operating revenue of $1.5 billion. Reported results from 2023 were $4.30 per share on net income of $247.1
- 1y agoALEALLETE Board of Directors Raises Quarterly Common Stock DividendBusiness WireALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company's common stock to $0.73 per share, a 3.5 percent increase. "This dividend increase reflects the
- 1y agoALEALLETE Senior Vice President & Chief Financial Officer Steven W. Morris to Retire Mid-Year as Part of a Planned TransitionBusiness WireALLETE, Inc. (NYSE:ALE) announced today that Chief Financial Officer Steven W. Morris will retire later this year after a distinguished nearly 25-year career with the company. In the interim and as part of an orderly
- 1y agoALEALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure PartnersBusiness WireExpects transaction to close in mid-2025 ALLETE, Inc. (NYSE:ALE) announced that the Federal Energy Regulatory Commission (FERC) approved the company's proposed transaction with Canada Pension Plan Investment Board
- 1y agoALENWENorthWestern Energy to Participate in Regional Transmission ProjectsBusiness WireNorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) is joining new high voltage transmission projects to expand Montana's grid, meet the state's increasing energy demand, enhance energy security and
- 1y agoALEPuget Sound Energy signs on to largest share of North Plains Connector transmission projectGlobeNewswireBellevue, WA, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Puget Sound Energy (PSE) today announced that it has signed a nonbinding memorandum of understanding with North Plains Connector LLC, a wholly owned entity of Grid
- 1y agoALEALLETE Clean Energy has fully recontracted Armenia Mountain WindBusiness WireALLETE Clean Energy, a wholly owned subsidiary of ALLETE (NYSE:ALE), has fully contracted the output of its Armenia Mountain Wind site for another seven years through agreements with two customers. ALLETE Clean Energy
- 2y agoALEALLETE, Inc. reports third quarter 2024 earningsBusiness WireALLETE, Inc. (NYSE:ALE) today reported third quarter 2024 earnings of 78 cents per share on net income of $45.0 million. Last year's third quarter results were $1.49 per share on net income of $85.9 million. Net income
- 2y agoALEALLETE Clean Energy Announces Sale of Wisconsin Wind SiteBusiness WireALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc. (NYSE:ALE), today announced the company has sold the Whitetail wind project in southwestern Wisconsin to Invenergy, with the intent that it be constructed
- 2y agoALEALLETE Board of Directors declares dividend on common stockBusiness WireThe ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 70.5 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.82 per share, unchanged from the previous
- 2y agoALEMinnesota Power's Agreement With Stakeholders on Lower Rate Increase Approved by Minnesota Public Utilities CommissionBusiness WireThe Minnesota Public Utilities Commission (MPUC) on Thursday approved a settlement agreement on Minnesota Power's 2024 electric rate proposal that will lower rates for all customers in early 2025. Minnesota Power
- 2y agoALENew Energy Equity completes development of 14 Public Storage projects in MinnesotaPR NewswireNew Energy Equity, national developer and financier of community and commercial solar projects, announces the successful completion of 14 Public...
- 2y agoALEALLETE to Announce Third Quarter Financial Results October 30Business WireALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Wednesday, October 30, 2024. ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In
- 2y agoALEMinnesota Power plans two large solar projects in northern Minnesota as part of its EnergyForward strategy for carbon-free energyBusiness WireMinnesota Power, a utility division of ALLETE Inc. (NYSE:ALE), announced today it plans to build two large solar projects in northern Minnesota as part of its continued transition toward a cleaner energy future while
- 2y agoALENew Energy Equity achieves Gold Certification for advancements on DEIJ issuesPR NewswireNew Energy Equity, a wholly owned subsidiary of ALLETE Inc (NYSE:ALE), announced it has achieved Gold Certification through the Diversity Equity...
- 2y agoALEALLETE shareholders approve proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure PartnersBusiness WireALLETE continues to expect transaction to close in mid-2025 ALLETE, Inc. (NYSE:ALE) announced that its shareholders voted today to approve the company's proposed transaction with Canada Pension Plan Investment Board
- 2y agoALEALLETE applauds $700 million federal grant for Montana and North Plains Connector transmission projectBusiness WireALLETE (NYSE:ALE), a co-developer of the North Plains Connector transmission project, applauds the U.S. Department of Energy for its support of the Montana Department of Commerce Grid Resilience and Innovation
- 2y agoALEALLETE, Inc. reports second quarter 2024 earningsBusiness WireALLETE, Inc. (NYSE:ALE) today reported second quarter 2024 earnings of 57 cents per share on net income of $33.0 million. Last year's second quarter results were 90 cents per share on net income of $51.5 million. Net
- 2y agoALEALLETE Board of Directors Declares Dividend on Common StockBusiness WireThe ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 70.05 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.82 per share, unchanged from the previous
- 2y agoALEALLETE to Announce Second Quarter Financial Results August 1Business WireALLETE Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Thursday, August 1, 2024. ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In
- 2y agoDMSHCRMORALEKuehn Law Encourages DM, SHCR, MOR, and ALE Investors to Contact Law FirmPR NewswireKuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may...
- 2y agoALEGRDIHTLFMGRCKuehn Law Encourages GRDI, ALE, HTLF, and MGRC Investors to Contact Law FirmGlobeNewswireNEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures
- 2y agoALENew Analysis Quantifies Capacity Benefits of Grid United and ALLETE's North Plains Connector Interregional Transmission LineBusiness WireGrid United, a leading developer of high voltage transmission infrastructure, today announced the results of a comprehensive study conducted by Astrapé Consulting, highlighting the substantial reliability and capacity
- 2y agoPORALEPGE joins Grid United and ALLETE in 3,000 megawatt east-west transmission linePR NewswirePortland General Electric (NYSE: POR) today signed a non-binding memorandum of understanding with Grid United and ALLETE, Inc. (NYSE: ALE) in the...
- 2y agoALEHRTRPHMSQSPKuehn Law Encourages SQSP, HRT, RPHM, and ALE Investors to Contact Law FirmGlobeNewswireNEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures
- 2y agoALELSAKPRFTSLCAKuehn Law Encourages LSAK, PRFT, SLCA and ALE Investors to Contact Law FirmGlobeNewswireNEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures
- 2y agoALEALLETE, Inc. reports first quarter 2024 earningsBusiness WireALLETE, Inc. (NYSE:ALE) today reported first quarter 2024 earnings of 88 cents per share on net income of $50.7 million. Last year's first quarter results were $1.02 per share on net income of $58.2 million. Net income
- 2y agoSWAVALEPRFTLSAKKuehn Law Encourages SWAV, ALE, PRFT, and LSAK Investors to Contact Law FirmPR NewswireKuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may...