ALLETE, Inc. (ALE)
| Previous close | 63.01 |
| Open | 63.39 |
| Bid | 63.17 x 900 |
| Ask | 63.33 x 900 |
| Day's range | 63.17 - 63.53 |
| 52-week range | 49.29 - 65.86 |
| Volume | |
| Avg. volume | 350,362 |
| Market cap | 3.649B |
| Beta (5Y monthly) | 0.75 |
| PE ratio (TTM) | 14.72 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.82 (4.48%) |
| Ex-dividend date | 14 May 2024 |
| 1y target est | N/A |
- 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.
- PR Newswire
NT Solar Celebrates New Impact Investment Fund & Series of Successful Transactions
NT Solar, a national tax credit syndicator with a mission to provide affordable clean energy access through investments in renewables and battery projects with strong ESG attributes, is thrilled to announce a series of four strategic solar tax credit (ITC) investments across the country, establishing new partnerships, building upon successful ongoing relationships, and continuing the growth of our network of investment partners.
