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Minnesota Power completes new transmission line to energize Essar Steel Minnesota facility in Nashwauk

Minnesota Power, a division of ALLETE, Inc. (NYSE: ALE), has completed the installation of several related electric infrastructure projects including substations and new transmission lines near Nashwauk, Minn., that will energize the Essar Steel Minnesota taconite mine and processing facility. Minnesota ...
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Exploratorium gets boost from Minnesota Power Foundation donation/grants

Minnesota Power Foundation has awarded Great Lakes Aquarium up to $125,000 in donations and challenge grants toward the construction of its Exploratorium project. The project includes construction of three new classrooms and a teacher resource center on the Aquarium’s second floor. From weekly ...

ALLETE reports 2012 earnings of $2.58 per share

ALLETE, Inc. (NYSE: ALE) today reported 2012 earnings of $2.58 per share compared with $2.65 per share in 2011. Excluding two non-recurring items, ALLETE’s pro-forma earnings in 2011 were $2.39 per share. The company recorded net income of $97.1 million in 2012 compared with $93.8 million a year ...

Minnesota Power outlines its EnergyForward resource strategy

Minnesota Power, a division of ALLETE (NYSE:ALE), today outlined next steps in its resource strategy to meet the energy needs of its customers with a balanced energy mix that preserves reliability, protects affordability and further improves environmental performance. “Minnesota Power’s EnergyForward ...
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