ALLETE(ALE)

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New Energy Equity Announces Leadership Transition: Josh Kunkel to Succeed Matt Hankey as CEO
Prnewswire· 2025-04-09 20:30
ANNAPOLIS, Md., April 9, 2025 /PRNewswire/ -- New Energy Equity, a subsidiary of ALLETE, Inc. (NYSE: ALE), announced today that Josh Kunkel, current president of New Energy Equity, will be promoted to Chief Executive Officer as part of a planned transition effective June 1, 2025. Co-founder and current CEO, Matt Hankey will be taking on a new role at ALLETE as Emerging Technologies Officer, focusing on broad initiatives across the ALLETE family of companies, while remaining on the New Energy Equity Board of ...
New Energy Equity's Lift as We Climb Foundation Donates $100,000 to Civic Works to Expand Solar Access in Baltimore
Prnewswire· 2025-03-25 14:30
ANNAPOLIS, Md., March 25, 2025 /PRNewswire/ -- New Energy Equity's Lift as We Climb Foundation has donated $100,000 to Civic Works, a Baltimore-based nonprofit, to support its mission of expanding solar access for local households. The funds were raised during the Lift As We Climb Foundation's annual charity golf tournament in October 2024 and will directly impact families in Baltimore City by improving access to clean, affordable energy. The donation will support education and outreach initiatives to help ...
New Energy Equity Partners with Harlem Consolidated School District on 5.54 MWdc Community Solar Project
Prnewswire· 2025-03-06 15:30
ANNAPOLIS, Md., March 6, 2025 /PRNewswire/ -- New Energy Equity, a national leader in developing and financing community and commercial solar projects, is pleased to announce a new partnership with the Harlem Consolidated School District to bring a 5.54 MWdc solar energy project to the district in Illinois. Developed by BOW Renewables and subsequently acquired by NEE, this project is on land owned by the Harlem Consolidated School District. It will provide significant economic benefits, including discounte ...
ALLETE(ALE) - 2024 Q4 - Annual Report
2025-02-13 00:11
United States Securities and Exchange Commission Washington, D.C. 20549 Form 10-K ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______________ to ______________ Commission File Number 1-3548 ALLETE, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Minnesota 41-0418150 (Mark One) ☒ Annual Report Pursuant to Section 13 or 15( ...
Allete, Inc.: 11% Return Beats A Bank For Short-Term Idle Cash
Seeking Alpha· 2025-02-07 18:50
On May 6, 2024, ALLETE and a partnership led by Canada Pension Plan Investment Board (“CPP Investments”) and Global Infrastructure Partners (“GIP”), (the “partnership”), 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 (the "Merger"). The transaction is expected to close in mid-2025 and is subject to the approval of ALLETE’s shareholders, the receipt of regulator ...
ALLETE(ALE) - 2024 Q3 - Quarterly Report
2024-10-29 23:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______________ to ______________ Commission File Number 1-3548 ALLETE, Inc. (Exact name of registrant as specified in its charter) Minnesota 41-0418150 (S ...
New Energy Equity completes development of 14 Public Storage projects in Minnesota
Prnewswire· 2024-10-17 13:16
ROSEVILLE, M.N., Oct. 17, 2024 /PRNewswire/ -- New Energy Equity, national developer and financier of community and commercial solar projects, announces the successful completion of 14 Public Storage solar projects across Minnesota. This significant milestone marks a major step forward in Public Storage's commitment to installing solar on over 1,300 of its properties by 2025.Public Storage Roof Mounted Solar System in St. Paul, Minnesota."We are thrilled to have partnered with Public Storage on these import ...
New Energy Equity achieves Gold Certification for advancements on DEIJ issues
Prnewswire· 2024-09-17 13:00
ANNAPOLIS, Md., Sept. 17, 2024 /PRNewswire/ -- New Energy Equity, a wholly owned subsidiary of ALLETE Inc (NYSE:ALE), announced it has achieved Gold Certification through the Diversity Equity Inclusion and Justice (DEIJ) Certification Program from the Solar Energy Industries Association (SEIA). By earning this certification, New Energy and its subsidiaries, Energy Support Services and Versiris Energy, showcase their dedication to fostering a more inclusive workplace and culture in the solar industry.New Ene ...
ALLETE(ALE) - 2024 Q2 - Quarterly Report
2024-07-31 22:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______________ to ______________ Commission File Number 1-3548 ALLETE, Inc. (Exact name of registrant as specified in its charter) Minnesota 41-0418150 (State ...
ALE INVESTIGATION: The M&A Class Action Firm Continues to Investigate the Merger and August 21, 2024 Shareholder Vote of ALLETE, Inc.
GlobeNewswire News Room· 2024-07-27 16:30
Core Viewpoint - Monteverde & Associates PC is investigating ALLETE, Inc. regarding its proposed merger with a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners, offering ALLETE stockholders $67.00 per share in cash [1]. Group 1: Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report and has a successful track record in recovering money for shareholders [1][3]. - The firm operates from the Empire State Building in New York City and specializes in class action securities litigation [3]. Group 2: Merger Details - ALLETE, Inc. stockholders will receive $67.00 per share for each share of common stock owned as of the closing of the transaction [1]. - A shareholder vote regarding the merger is scheduled for August 21, 2024 [1].