PURCHASE AND SALE OF COMPANY SECURITIES
Approved by the ALLETE Board of Directors on July 24, 2024 . ALLETE, INC. PURCHASE AND SALE OF COMPANY SECURITIES POLICY . This policy has been established to assure that directors, officers, and employees of ALLETE, Inc. and its subsidiaries (collectively, "ALLETE" or "Company") comply with applicable federal and state insider
Duluth Loop
Minnesota Power, a division of ALLETE, Inc., provides electricity in a 26,000-square-mile electric service territory located in northeastern Minnesota. Minnesota Power''s parent company, ALLETE, has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start
2019 EEI ESG Sustainability Report
Although not captured in the EEI quantitative report, ALLETE''s fastest growing company, ALLETE Clean Energy (ACE), has further advanced ALLETE''s clean energy vision, adding over 700 megawatts of renewable wind power to the ALLETE portfolio in the past seven years. ACE is expected to reach 1,000
News Releases
ALLETE continues to expect transaction to close in mid-2025 DULUTH, Minn. --(BUSINESS WIRE)--Aug. 21, 2024-- ALLETE, Inc. (NYSE: ALE) announced that its shareholders voted today to approve the company''s proposed transaction with Canada Pension Plan Investment Board (CPP Investments) and Global
Allete Gets FERC Approval for $6.2 Billion Buyout by CPP, GIP
1 天前· ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The segment owns and operates, in seven states, more than
CPP Investments and GIP to take Allete private in $6.2bn deal
The Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP) have agreed to acquire US-based energy company ALLETE in a deal valued at $6.2bn (C$8.48bn) inclusive of debt assumption.. The acquisition terms stipulate a cash payment of $67 per share to take Allete private, a 19.1% premium over the company''s
Minnesota Power Reaches Electric Rate Settlement With
DULUTH, Minn.--(BUSINESS WIRE)--May 3, 2024-- Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), has reached a settlement agreement on its 2024 electric rate proposal with the Minnesota Department of Commerce, Minnesota Attorney General''s Office and Large Power Intervenors. If approved by the Minnesota Public Utilities Commission
Our Businesses | ALLETE, Inc.
ALLETE delivers affordable, reliable energy services in the Upper Midwest, owns a lignite mine in North Dakota and has investments in real estate and the America Transmission Co. New Energy Equity is a leading end-to-end distributed solar development company, having successfully completed more than 250 projects totaling more than 425
ALLETE, Inc. (ALE) Stock Price, News, Quote & History
Find the latest ALLETE, Inc. (ALE) stock quote, history, news and other vital information to help you with your stock trading and investing. The company serves taconite mining, paper, pulp and
ALLETE Advances Solar Strategy by Acquiring New Energy Equity,
Acquisition supports ALLETE''s sustainability-in-action strategy. DULUTH, Minn.--(BUSINESS WIRE)--Mar. 2, 2022-- ALLETE, Inc. (NYSE:ALE), today advanced its planned expansion in the solar energy sector, announcing it has signed a definitive agreement to acquire 100 percent of the membership interests of New Energy Equity LLC, one of the nation''s top
Utility, Clean Energy Company Allete to Go Private in $6.2B Deal
The purchase price, which includes debt, represents a premium of about 19.1% to Allete''s closing share price on Dec. 4, 2023, the day before news broke about the company exploring a sale.
ALLETE gets FERC approval to go private in $6.2B deal
10 小时之前· ALLETE is one step closer to becoming a private utility. The company announced that the Federal Energy Regulatory Commission (FERC) approved its proposed transaction
Our Businesses | ALLETE, Inc.
ALLETE (NYSE: ALE) is well-positioned as a reliable provider of competitively-priced energy in the Upper Midwest, and invests in transmission infrastructure and other energy-centric businesses. ALLETE''s Minnesota
2021 CORPORATE SUSTAINABILITY REPORT
Our newest ALLETE company, New Energy Equity, is one of the leading distributed solar developers in the nation. New Energy Equity is on track with our original projections and has increased its total pipeline of prospective solar projects to well above 2,000 megawatts. The New Energy Equity team''s
Allete
ALLETE is an energy company. Minnkota Power Cooperative firm. Minnesota Power: Provides electricity to 150,000 customers, including 14 municipal systems and large industrial customers, across a 26,000-square-mile service territory in northern Minnesota.
2024 Corporate Sustainability Report | ALLETE, Inc.
ALLETE''s board of directors, accountable to its shareholders, is responsible for the direction and control of the company. All employees and directors at ALLETE are expected to comply with the Code of Business Conduct, as well as with the policies and procedures of individual business units and the laws and regulations that govern our business.
Events & Presentations
ALLETE''s board of directors, accountable to its shareholders, is responsible for the direction and control of the company. All employees and managers at ALLETE are expected to comply with the letter and spirit of the company''s ethics policy, as well as with the policies and procedures of individual business units and the laws and regulations
Shareholder Newsletter | ALLETE, Inc.
ALLETE''s board of directors, accountable to its shareholders, is responsible for the direction and control of the company. All employees and directors at ALLETE are expected to comply with the Code of Business Conduct, as well as with the policies and procedures of individual business units and the laws and regulations that govern our business.
Insulate & Save Kit
Minnesota Power, a division of ALLETE, Inc., provides electricity in a 26,000-square-mile electric service territory located in northeastern Minnesota. Minnesota Power''s parent company, ALLETE, has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start
Superior Water, Light & Power is an ALLETE Company
If you deposited an SWL&P bill payment at our drop box at 2915 Hill Avenue in Superior AFTER 3 p.m. on Wed., Oct. 3 and before 7 a.m. on Thurs., Oct. 4, please contact us IMMEDIATELY at 715-394-2200 or 800-227-7957.
ALLETE Careers and Employment | BCSP Career Center
CLOSING DATE: 11/22/2024 Located in Duluth, Minnesota, ALLETE is the parent company of Minnesota Power, Superior Water Light & Power, BNI Energy, New Energy Equity, ALLETE Renewable Resources, and... Posted - October 23, 2024 Apply now Save Job. View All Jobs
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Minnesota Power''s parent company, 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. This transaction will not change our operations, strategy or shared purpose and values, and it is business as usual
Programs & Rebates
Minnesota Power, a division of ALLETE, Inc., provides electricity in a 26,000-square-mile electric service territory located in northeastern Minnesota. Minnesota Power''s parent company, ALLETE, has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start
2022 Annual Report
As ALLETE and our companies continue to lead the way to a sustainable clean-energy future, alignment with state regulators and policymakers is critical. the MPUC approved Minnesota Power''s 15-year Integrated Resource Plan, the regulatory roadmap for the company''s EnergyForward vision to provide 100% carbon-free energy by 2050 while
Annual Reports | ALLETE, Inc.
ALLETE delivers affordable, reliable energy services in the Upper Midwest, owns a lignite mine in North Dakota and has investments in real estate and the America Transmission Co. ALLETE is a publicly held energy company that operates in a complex, dynamic, competitive environment. ALLETE''s board of directors, accountable to its
Meet the Team
Minnesota Power''s parent company, 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. This transaction will not change our operations, strategy or shared purpose and values, and it is business as usual
Superior Water, Light & Power is an ALLETE Company
Superior Water, Light and Power is a wholly owned subsidiary of ALLETE, Inc. that sells electricity, water and natural gas in Superior, WI, and adjacent areas. Translation: MyAccount ; Outage; Pay Bill; Moving; Energy Assistance SWL&P''s parent company, ALLETE, has entered an agreement to be acquired by a partnership led by Canada Pension
Participating HVAC Contractor Portal
Minnesota Power, a division of ALLETE, Inc., provides electricity in a 26,000-square-mile electric service territory located in northeastern Minnesota. Minnesota Power''s parent company, ALLETE, has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start