Investor-owned utilities are designed to protect their bottom line and pad the pockets of shareholders first, two rural ...

DULUTH — Allete, the parent company of Minnesota Power and Superior, Water, Light and Power, announced Monday the company has agreed to be acquired by a partnership between the Canada Pension ...

Allete's (NYSE:ALE) planned $6.2 billion sale to a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners is set to get a recommendation from Minnesota's Public ...

This exhibit has been furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any ...

Bethany Owen, chair, president. and CEO of Allete For Duluth-based utility provider Allete Inc., the answer is two large private investors with deep pockets. The company’s shares have traded on ...

ALLETE is a utility company with a strong focus on sustainability and clean energy, making it an attractive investment in the utility sector. The company has shown robust growth in revenues and ...

Allete's pending acquisition by CPP Investments and GIP at $67 per share offers a potential 11% annual return, assuming a mid-2025 close. Shareholders can benefit from continued dividends and a ...

Allete releases figures for the most recent quarter on May 3. Analysts predict earnings per share of $1.18. Go here to follow Allete stock price in real-time ahead of earnings. Allete releases ...

DULUTH, Minn., August 01, 2024--ALLETE, 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 ...

In this article, we are going to take a look at where ALLETE, Inc. (NYSE:ALE) stands against the other dividend contenders. Dividend stocks have long been favored by investors for the income they ...

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ALLETE, Inc. (NYSE:ALE) shareholders are probably feeling a little disappointed, since its shares fell 3.0% to US$56.95 in the week after its latest yearly results. Results overall were ...