ALLETE, Inc Reports Second Quarter Earnings of 53 Cents Per Share apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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ALLETE to Announce First Quarter Financial Results May 6
April 8, 2021 GMT
DULUTH, Minn. (BUSINESS WIRE) Apr 8, 2021
ALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 6, 2021.
Following the release, ALLETE Chief Executive Officer and President Bethany M. Owen, Senior Vice President and Chief Financial Officer Robert J. Adams, and Vice President, Controller and Chief Accounting Officer Steven W. Morris 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 using passcode 6089168, or by accessing the webcast on ALLETE’s website, www.allete.com.
Press release content from Business Wire. The AP news staff was not involved in its creation.
ALLETE Board of Directors Raises Quarterly Common Stock Dividend
February 4, 2021 GMT
DULUTH, Minn. (BUSINESS WIRE) Feb 4, 2021
ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company’s common stock to 63 cents per share, a two percent increase.
“ALLETE’s board is confident in this dividend increase given our growth outlook for ALLETE,” said ALLETE President and CEO Bethany Owen. “We are pleased to deliver another dividend increase to our shareholders, and this adds to our track record of more than 71 consecutive years of dividends paid.”
Press release content from Business Wire. The AP news staff was not involved in its creation.
ALLETE subsidiaries secure tax equity funding for two wind sites
January 7, 2021 GMT
DULUTH, Minn. (BUSINESS WIRE) Jan 7, 2021
Two wholly owned subsidiaries of ALLETE (NYSE: ALE) have secured a total of nearly $350 million in tax equity financing in support of two recently completed wind energy sites.
ALLETE Clean Energy on Dec. 30, 2020, sold Class A passive membership interests in Diamond Spring, LLC to FNBC Leasing Corp., an affiliate of JPM Capital Corp. The Diamond Spring wind site is a 303-megawatt wind facility in southern Oklahoma that sells renewable energy to Walmart, Smithfield Foods and Starbucks through renewable energy sales agreements. It achieved full commercial operation in early December.
UpdatedThu, Dec 31, 2020 at 7:13 pm ET
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The ongoing coronavirus pandemic swept through Maryland in 2020, dividing the state while killing thousands. (Drew Angerer/Getty Images)
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