ALE ALLETE Inc.

ALLETE to Announce 2016 Financial Results on February 15

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

ALLETE, Inc. (NYSE:ALE) will announce its financial results for 2016 before the stock markets open on Wednesday, February 15, 2017.

Following the release, ALLETE Chairman, President and Chief Executive Officer Alan R. Hodnik, Chief Financial Officer Steven Q. DeVinck, and incoming Chief Financial Officer Robert J. Adams will present an overview of results and discuss other factors affecting performance during a conference call beginning at 10 a.m. Eastern time.

Interested parties may listen to the conference live by calling (877) 303-5852, or by accessing the webcast on ALLETE’s Web site, www.allete.com.

A replay of the call will be available through February 19, 2017 by dialing (855) 859-2056, conference identification number 49223856. The webcast will be accessible for one year at www.allete.com. ALE-CORP

ALLETE is an energy company headquartered in Duluth, Minn. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth, U.S. Water Services headquartered in St. Michael, Minn., BNI Energy, N.D., and has an eight percent equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com.

EN
11/01/2017

Underlying

ALEALLETE Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ALLETE Inc.

EUR 152.95
ALE ALLETE INC.

ALLETE, Inc.: Update to credit analysis following rating action

Our credit view of ALLETE, Inc. reflects regulated utility operations providing steady cash flows offset by its large impending capital expenditure plan pressuring its credit metrics.

12/23/25 December 23, 2025 1 EN
 PRESS RELEASE
Free
ALE ALLETE INC.

Wisconsin Regulators Approve Proposed ALLETE Transaction With Canada P...

DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, 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 Infrastructure Partners (GIP). “The PSCW’s decision brings us another step closer to completing this transaction for the benefit of our customers, our communities, and our employees after the resounding approval from our shareholders last year as well as the approval of the Federal Energy Regulatory Commission (FERC),” said ALLETE Chair, President, and ...

March 13, 2025 1 EN
 PRESS RELEASE
Free
ALE ALLETE INC.

ALLETE Names Jeff Scissons Chief Financial Officer

DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, 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 retire in July. Scissons joined the company in 2013 and was promoted to ALLETE vice president and corporate treasurer in 2024 after serving in key strategic roles throughout his tenure. Over a dozen years at ALLETE, he led various strategic initiatives, including the acquisition of New Energy Equity and the divestiture of U.S. Water. He currently ...

March 11, 2025 1 EN
 PRESS RELEASE
Free
ALE ALLETE INC.

ALLETE, Inc. Reports 2024 Earnings

DULUTH, Minn.--(BUSINESS WIRE)-- 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 from 2023 were $4.30 per share on net income of $247.1 million and operating revenue of $1.9 billion. Results for 2024 reflect approximately 39 cents per share of transaction expenses related to the merger agreement entered into May 5, 2024, with Canada Pension Plan Investment Board and Global Infrastructure Partners. Earnings in 2024 were positively impacted by the implementation of interim rates on Ja...

February 13, 2025 1 EN
 PRESS RELEASE
Free
ALE ALLETE INC.

ALLETE Board of Directors Raises Quarterly Common Stock Dividend

DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, 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 ALLETE Board of Directors’ confidence in our growth outlook for ALLETE,” said ALLETE Chair, President and CEO Bethany Owen. “We are pleased to deliver another dividend increase to our shareholders – adding to our track record of more than 75 consecutive years of dividends paid.” On an annual basis the increased dividend is equivalent to $2.92 pe...

January 30, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch