ALLETE, Inc. (ALE)
- Business Wire
ALLETE Enters Agreement to be Acquired by a Partnership Led by Canada Pension Plan Investment Board and Global Infrastructure Partners to Advance ‘Sustainability-in-Action’ Strategy
DULUTH, Minn., May 06, 2024--ALLETE, Inc. (NYSE: ALE) and a partnership led by Canada Pension Plan Investment Board ("CPP Investments") and Global Infrastructure Partners ("GIP"), (the "partnership"), today jointly announced that they have entered into a definitive agreement under which the partnership will acquire ALLETE for $67.00 per share in cash, or $6.2 billion including the assumption of debt.
- Business Wire
Minnesota Power Reaches Electric Rate Settlement With State Agencies and Large Power Customers
DULUTH, Minn., May 03, 2024--Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), has reached a settlement agreement on its 2024 electric rate proposal with the Minnesota Department of Commerce, Minnesota Attorney General’s Office and Large Power Intervenors.
- Simply Wall St.
A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)
Key Insights The projected fair value for ALLETE is US$60.50 based on Dividend Discount Model ALLETE's US$60.34 share...
