New partnership offers unprecedented benefits for customers and communities while maintaining local management and regulatory oversight DULUTH, Minn. --(BUSINESS WIRE)--Dec. 15, 2025-- ALLETE, Inc. (NYSE: ALE) (the Company) today announced the completion of its acquisition by Canada Pension Plan
DULUTH, Minn. --(BUSINESS WIRE)--Dec. 15, 2025-- On 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 stock (which reflects the most
DULUTH, Minn. --(BUSINESS WIRE)--Dec. 11, 2025-- ALLETE, 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 Board (CPP Investments) and
DULUTH, Minn. - ALLETE, Inc. (NYSE: ALE) announced today that it has confirmed receipt of the written order from the Minnesota Public Utilities Commission approving the acquisition of ALLETE by Global Infrastructure Partners and Canada Pension Plan Investment Board (CPP Investments). ALLETE, Inc.
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 31, 2025-- ALLETE, 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 .
DULUTH, Minn. --(BUSINESS WIRE)--Oct. 28, 2025-- ALLETE 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 .
Acquisition 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, transaction expected to close in late 2025 DULUTH, Minn. --(BUSINESS WIRE)--Oct.
DULUTH, Minn. --(BUSINESS WIRE)--Aug. 7, 2025-- ALLETE, 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 .
Statewide clean energy advocates unite with local business, labor and community groups behind settlement agreement DULUTH, Minn. - Center for Energy and Environment, Fresh Energy, Clean Grid Alliance, Clean Energy Economy Minnesota – statewide nonprofit organizations dedicated to helping cut carbon
Duluth, Minn. — Minnesota Power, a utility division of ALLETE, Inc. (NYSE: ALE), announced today it plans to build the 200-megawatt Longspur Wind project in North Dakota as part of its EnergyForward transition toward a carbon-free energy future.