Allete recognized for commitment to women in leadership roles
Allete has been named an Honor Roll Company of Special Distinction in the 2024 Minnesota Census of Women in Corporate
Allete names Jeff Scissons chief financial officer
“Jeff’s financial acumen and his principled, values-based, people-focused leadership have been instrumental in the development and successful execution of Allete’s Sustainability-in-Action strategy, and I am excited to work closely with him in this new role.” -- Allete CEO Bethany Owen.
Allete agrees to $6.2 billion sale offer
In connection with the merger, CPP Investments and GIP will acquire all of the outstanding common shares of Allete for $67.00 per share in cash representing an enterprise value of approximately $6.2 billion, including Allete's net debt.
Minnesota Power reaches electric rate settlement with state agencies and large power customers
Minnesota Power, a utility division of ALLETE Inc (NYSE: ALE), has reached a settlement agreement on its 2024 electric rate