According to the settlement agreement, Minnesota Power customers would see a one-year base rate freeze and a reduction in the utility’s authorized Return on Equity from 9.78% to 9.65% following the transaction close, moves intended to deliver direct savings on bills.
PSCW approval was needed because Allete owns Superior Water, Light and Power, a regulated utility that delivers electricity, natural gas and water to Wisconsin customers.
“Thanks to the thoughtfulness of our industry and community partners, these scholarships make LSC’s already affordable, high-quality education even more accessible.” -- David Kline, Lake Superior College Vice President of Advancement and External Relations.
“Her leadership knows no bounds. She assembled a multi-talented team operating in synchrony to support a bold vision for the port ... and we’re grateful for her years of service.” -- Yvonne Prettner Solon, president of the Port Authority Board of Commissioners
“While I feel humbled by this recognition, I accept it on behalf of the many generous donors and volunteers whose compassion and dedication ensure the Northern Lights Foundation continues to make a difference in so many lives.” -- Ken Larson
“Having reached this important milestone, we are now one step closer to realizing the meaningful benefits we see ahead for all ALLETE stakeholders as the result of this partnership." -- Bethany Owen, ALLETE Chair, President and CEO
Patty McGaffey was appointed President & CEO of Oneida Realty Company, a commercial real estate services firm in Duluth and established in 1908. Having served as the CEO since January 2023, she has now taken on the additional role of president following is a member of the Building Owners and
The Lion Hotel Group today announced that Brianna Vander Heyden has rejoined the organization as general manager of the Holiday Inn & Suites Duluth Downtown, located in Duluth. Vander Heyden has several years of experience in the hotel and hospitality industry with the Lion Hotel Group. She previously served as
A significant economic boost is expected from the Northland Reliability Project with positive impacts on jobs and wages and about $2 billion in total impacts to Minnesota’s economy, according to a study by the Bureau of Business and Economic Research at the University of Minnesota Duluth’s Labovitz School
“Creating and strengthening an equitable and inclusive culture is one way we’re putting sustainability into action at Allete.” -- Bethany Owen, Allete chair, president and CEO
Super One Foods, a family-owned independent grocery chain, has been recognized with an Exceptional Independent Grocer Award for 2024 from the Shelby Report. The award highlights the company's commitment to the communities it serves by providing excellence, innovation, and outstanding service within the grocery industry. The Exceptional Independent
Seven port development projects that support efficient, reliable freight movement on Minnesota’s waterways were selected to receive a total of $18.1 million in grants, the Minnesota Department of Transportation announced today. The funding comes from the competitive Port Development Assistance Program. Two of the projects are located in
Oneida Realty Company, a Duluth-based commercial real estate services firm, has promoted Alex Tessier from property manager to vice president. Tessier joined Oneida Realty Company in April 2022 as a member of its property management team, following 12 years in leadership positions with area hospitality and development organizations. His role
As Minnesota Power continues the transition to a reliable, resilient clean-energy future through its EnergyForward strategy, today the company is filing its 2024 electric rate proposal with the Minnesota Public Utilities Commission (MPUC). The 2024 proposal supports the investments that the company is making to continue to advance a clean-energy
Jeff Frey Photography’s commercial portrait (headshot) business will become The Studio as it transitions to new ownership beginning November 1, 2023. After more than 40 years, Frey is stepping away from the headshot portion of his business, turning over the reins to The Studio, a subsidiary of Swim Creative,