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 ...

Officials in a northwest Iowa county have approved a plan for road improvements and repairs as 259 wind turbines are removed ...

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE (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 ...

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 ...

Under the deal announced last May, New York-based Global Infrastructure Partners (GIP) will own 60% of Minnesota Power parent company Allete, while Canada Pension Plan Investment Board (CPP ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

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 ...

DULUTH, Minn., February 13, 2025--ALLETE, 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 ...

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 ...

DULUTH, Minn. (AP) — DULUTH, Minn. (AP) — Allete Inc. (ALE) on Thursday reported first-quarter earnings of $56.1 million. The Duluth, Minnesota-based company said it had net income of 97 cents ...

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 ...