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ALLETE Inc

64.91

-0.0750-0.12%

Volume:152.84K

Turnover:9.92M

Market Cap:3.77B

PE:20.48

High:65.00

Open:64.80

Low:64.78

Close:64.98

52wk High:66.46

52wk Low:63.00

Shares:58.04M

Float Shares:57.83M

Volume Ratio:0.36

T/O Rate:0.26%

Dividend:2.90

Dividend Rate:4.46%

EPS(TTM):3.17

EPS(LYR):3.11

ROE:3.14%

ROA:1.50%

PB:1.32

PE(LYR):20.89

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Overview Company News Filings

ADVISORY-Multiple research alerts on Wells Fargo initiating coverage on several US stocks withdrawn

Allete Q2 Earnings Fall, Revenue Rises

MT Newswires Live

Earnings Flash (ALE) Allete Posts Q2 Revenue $360.3M

MT Newswires Live

BRIEF-ALLETE Q2 Basic EPS USD 0.55

Allete Inc. Reports Q2 2025 Earnings Drop: Net Income Falls to $31.9M, EPS Declines to $0.55, Utility Sales Rise to $305.1M

ALLETE Q2 Operating Income USD 18 Million

THOMSON REUTERS

ALLETE, Inc. Reports Second Quarter 2025 Earnings

THOMSON REUTERS

ALLETE Inc. Gains Key Regulatory Approvals, Awaits MPUC Decision for 2025 Transaction Closing

ALLETE Inc expected to post earnings of 87 cents a share - Earnings Preview

ALLETE Inc. Moves Closer to 2025 Transaction Close with CPP Investments and GIP Following Settlement Agreement Submission

ALLETE Keeps Quarterly Dividend at $0.73 per Share; Payable Sept. 1 to Holders of Record as of Aug. 15

MT Newswires Live

Allete Inc. Announces Quarterly Dividend of 73 Cents Per Share

Allete Acquisition by Investor Group Faces Objection From Minnesota Administrative Law Judge

MT Newswires Live

ALLETE Inc. Awaits Final MPUC Decision on 2025 Transaction Closure Amid ALJ Report Disagreement

ALLETE Inc. Secures $250 Million in Private Placement Bonds to Fund Utility Capital Expenditures

Allete announces agreement with Minnesota Department of Commerce

ALLETE Inc. Gains Minnesota Department of Commerce Support for Acquisition, Secures $50 Million Clean Firm Technology Fund for Energy Transition

Press Release: ALLETE to Announce Second Quarter Financial Results August 07

ALLETE Inc. to Announce Second Quarter Financial Results

ALLETE Inc. Publishes Shareholder Letter for Fiscal Year 2025

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pretax profit USD 6 million\nQ2 operating income USD 18 million","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nPLX7F2FAA:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALE"],"gpt_icon":0},{"id":"2557255905","title":"Allete Inc. Reports Q2 2025 Earnings Drop: Net Income Falls to $31.9M, EPS Declines to $0.55, Utility Sales Rise to $305.1M","url":"https://stock-news.laohu8.com/highlight/detail?id=2557255905","media":"Reuters","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557255905?lang=en_us&edition=fundamental","pubTime":"2025-08-07 18:30","pubTimestamp":1754562625,"startTime":"0","endTime":"0","summary":"Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allete Inc. published the original content used to generate this news brief via Business Wire  on August 07, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nNDL5Zv4qs:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALE"],"gpt_icon":0},{"id":"2557755920","title":"ALLETE Q2 Operating Income USD 18 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2557755920","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557755920?lang=en_us&edition=fundamental","pubTime":"2025-08-07 18:30","pubTimestamp":1754562601,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nPLX7F2FAA:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2557559206","title":"ALLETE, Inc. Reports Second Quarter 2025 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2557559206","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557559206?lang=en_us&edition=fundamental","pubTime":"2025-08-07 18:30","pubTimestamp":1754562600,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nTUA3TVYRY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2557307798","title":"ALLETE Inc. Gains Key Regulatory Approvals, Awaits MPUC Decision for 2025 Transaction Closing","url":"https://stock-news.laohu8.com/highlight/detail?id=2557307798","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557307798?lang=en_us&edition=fundamental","pubTime":"2025-08-07 04:43","pubTimestamp":1754513022,"startTime":"0","endTime":"0","summary":"ALLETE Inc. has announced that its proposed partnership with the Canada Pension Plan Investment Board and Global Infrastructure Partners is moving forward with strong support from a coalition of clean energy advocates, business, labor, and community groups. The transaction is expected to close in 2025, pending approval from the Minnesota Public Utilities Commission  and other customary closing conditions. The settlement agreement, which includes significant public interest concessions by ALLETE and investors, has been submitted to the MPUC for consideration. The transaction has already secured approvals from ALLETE shareholders, the Federal Energy Regulatory Commission, and the Public Service Commission of Wisconsin. This partnership aims to enhance ALLETE's transition to clean energy while maintaining affordable rates and reliable service, supported by new capital from experienced investors.Disclaimer: This news brief was created by Public Technologies  using generative artificial int","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250806:nNDLKPCCv:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2557390042","title":"ALLETE Inc  expected to post earnings of 87 cents a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2557390042","media":"Reuters","labels":["dataReport","preview"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557390042?lang=en_us&edition=fundamental","pubTime":"2025-08-05 22:51","pubTimestamp":1754405464,"startTime":"0","endTime":"0","summary":"ALLETE Inc  expected to post earnings of87cents a share - Earnings Preview ALLETE Inc ALE.N, ALE is expected to  report results on August 7 for the period ending June 30 2025LSEG's mean analyst estima","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250805:nL8N3TX2AZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport,preview","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALE"],"gpt_icon":0},{"id":"2557336900","title":"ALLETE Inc. Moves Closer to 2025 Transaction Close with CPP Investments and GIP Following Settlement Agreement Submission","url":"https://stock-news.laohu8.com/highlight/detail?id=2557336900","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557336900?lang=en_us&edition=fundamental","pubTime":"2025-08-05 03:11","pubTimestamp":1754334684,"startTime":"0","endTime":"0","summary":"ALLETE Inc. has announced that its proposed transaction with Canada Pension Plan Investment Board  and Global Infrastructure Partners  is expected to close in 2025, following approval by the Minnesota Public Utilities Commission and other customary closing conditions. ALLETE, along with the Minnesota Department of Commerce, recently submitted a settlement agreement related to the transaction for consideration as part of the MPUC's overall review. The transaction has already received all other necessary approvals, including from ALLETE shareholders, the Federal Energy Regulatory Commission, and the Public Service Commission of Wisconsin. Post-transaction, Minnesota Power will continue to operate locally in Duluth, maintaining regulation by the Minnesota Public Utilities Commission, and ensuring that costs related to the transaction do not impact retail or municipal rates for utility customers.Disclaimer: This news brief was created by Public Technologies  using generative artificial int","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250804:nNDL56T2Jy:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2554622627","title":"ALLETE Keeps Quarterly Dividend at $0.73 per Share; Payable Sept. 1 to Holders of Record as of Aug. 15","url":"https://stock-news.laohu8.com/highlight/detail?id=2554622627","media":"MT Newswires Live","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2554622627?lang=en_us&edition=fundamental","pubTime":"2025-07-25 20:01","pubTimestamp":1753444876,"startTime":"0","endTime":"0","summary":"ALLETE Keeps Quarterly Dividend at $0.73 per Share; Payable Sept. 1 to Holders of Record as of Aug. 15","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ALE"],"gpt_icon":0},{"id":"2554277766","title":"Allete Inc. Announces Quarterly Dividend of 73 Cents Per Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2554277766","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2554277766?lang=en_us&edition=fundamental","pubTime":"2025-07-25 18:30","pubTimestamp":1753439409,"startTime":"0","endTime":"0","summary":"Allete Inc. has announced a quarterly dividend of 73 cents per share of common stock. This dividend is equivalent to an annual payment of $2.92 per share, unchanged from the previous quarter.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allete Inc. published the original content used to generate this news brief via Business Wire  on July 25, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250725:nNDLbPDHDp:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2552124420","title":"Allete Acquisition by Investor Group Faces Objection From Minnesota Administrative Law Judge","url":"https://stock-news.laohu8.com/highlight/detail?id=2552124420","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2552124420?lang=en_us&edition=fundamental","pubTime":"2025-07-17 00:30","pubTimestamp":1752683401,"startTime":"0","endTime":"0","summary":"Allete's (ALE) proposed acquisition by a partnership led by the Canada Pension Plan Investment Board and Global Infrastructure Partners doesn't meet Minnesota's public interest standard, Administrativ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2551319747","title":"ALLETE Inc. Awaits Final MPUC Decision on 2025 Transaction Closure Amid ALJ Report Disagreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2551319747","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2551319747?lang=en_us&edition=fundamental","pubTime":"2025-07-16 06:36","pubTimestamp":1752618990,"startTime":"0","endTime":"0","summary":"ALLETE Inc. has announced its expectation that the proposed acquisition will close in 2025, pending approval from the Minnesota Public Utilities Commission  and other customary conditions. Despite a non-binding recommendation from an Administrative Law Judge that ALLETE disagrees with, the company emphasizes that their recent comprehensive settlement agreement with the Minnesota Department of Commerce offers significant customer benefits and supports approval of the transaction. The Minnesota Department of Commerce has also endorsed the transaction, stating it aligns with the public interest. ALLETE has committed to a holding company structure to protect customers and has agreed to maintain workforce levels, compensation, and union contracts. The transaction has received strong local support from various business and labor groups. Formal comments in response to the ALJ report will be submitted to the MPUC soon.Disclaimer: This news brief was created by Public Technologies  using genera","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250715:nNDL7XQ1Yz:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2551135082","title":"ALLETE Inc. Secures $250 Million in Private Placement Bonds to Fund Utility Capital Expenditures","url":"https://stock-news.laohu8.com/highlight/detail?id=2551135082","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2551135082?lang=en_us&edition=fundamental","pubTime":"2025-07-15 04:33","pubTimestamp":1752525192,"startTime":"0","endTime":"0","summary":"On July 9, 2025, ALLETE, Inc. entered into a significant financing agreement by issuing $250 million in first mortgage bonds to institutional buyers in the private placement market. The bonds were sold under an exemption from registration, specifically targeting institutional accredited investors. The issuance includes four series of bonds with varying maturity dates and interest rates: $50 million at 5.37% maturing in 2032, $75 million at 5.69% maturing in 2035, $50 million at 5.79% maturing in 2037, and $75 million at 6.34% maturing in 2055. Interest is payable semi-annually, starting January 15, 2026. The proceeds from this issuance will support ALLETE's utility capital expenditures. The company retains the option to prepay the bonds, subject to a make-whole provision, with specific redemption conditions near the maturity dates.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250714:nNDLr0mYG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALE","BK4081"],"gpt_icon":0},{"id":"2550969578","title":"Allete announces agreement with Minnesota Department of Commerce","url":"https://stock-news.laohu8.com/highlight/detail?id=2550969578","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550969578?lang=en_us&edition=fundamental","pubTime":"2025-07-12 03:40","pubTimestamp":1752262809,"startTime":"0","endTime":"0","summary":"Allete (ALE) announced that the company and its transaction partners Canada Pension Plan Investment Board and Global Infrastructure Partners have r...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/allete-announces-agreement-with-minnesota-department-of-commerce-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/allete-announces-agreement-with-minnesota-department-of-commerce-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2550435966","title":"ALLETE Inc. Gains Minnesota Department of Commerce Support for Acquisition, Secures $50 Million Clean Firm Technology Fund for Energy Transition","url":"https://stock-news.laohu8.com/highlight/detail?id=2550435966","media":"Reuters","labels":["corporation","policyRegulatory","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550435966?lang=en_us&edition=fundamental","pubTime":"2025-07-12 03:29","pubTimestamp":1752262156,"startTime":"0","endTime":"0","summary":"ALLETE Inc. Gains Minnesota Department of Commerce Support for Acquisition, Secures $50 Million Clean Firm Technology Fund for Energy Transition. Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allete Inc. published the original content used to generate this news brief via Business Wire  on July 11, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250711:nNDL7kQVr6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"ALLETE Inc. Gains Minnesota Department of Commerce Support for Acquisition, Secures $50 Million Clean Firm Technology Fund for Energy Transition","news_tag":"corporation,policyRegulatory,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2550167959","title":"Press Release: ALLETE to Announce Second Quarter Financial Results August 07","url":"https://stock-news.laohu8.com/highlight/detail?id=2550167959","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550167959?lang=en_us&edition=fundamental","pubTime":"2025-07-11 05:08","pubTimestamp":1752181680,"startTime":"0","endTime":"0","summary":"ALLETE Inc.  will announce its financial results for the second quarter before the stock markets open on Thursday, August 07, 2025.ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; BNI Energy in Bismarck, N.D.; and New Energy Equity, headquartered in Annapolis, Maryland; and has an 8% equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4081","ALE"],"gpt_icon":0},{"id":"2550375676","title":"ALLETE Inc. to Announce Second Quarter Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2550375676","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2550375676?lang=en_us&edition=fundamental","pubTime":"2025-07-11 04:30","pubTimestamp":1752179410,"startTime":"0","endTime":"0","summary":"ALLETE Inc. will announce its financial results for the second quarter on August 07, 2025, before the stock markets open. Results will be released on the company's website. More information is available on the source version on businesswire.com.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allete Inc. published the original content used to generate this news brief via Business Wire  on July 10, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250710:nNDL5w17lQ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALE","BK4081"],"gpt_icon":0},{"id":"2548820698","title":"ALLETE Inc. Publishes Shareholder Letter for Fiscal Year 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2548820698","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548820698?lang=en_us&edition=fundamental","pubTime":"2025-07-02 04:23","pubTimestamp":1751401396,"startTime":"0","endTime":"0","summary":"ALLETE Inc. has released a shareholder letter detailing recent developments and plans. The letter discusses a partnership with GIP and CPPIB aimed at future success, aligning with long-term investors to support a growth plan requiring approximately $4.8 billion over the next five years. The letter highlights the transition to clean energy and the need for critical energy infrastructure, including regional transmission projects. Shareholders are encouraged to request cost basis information prior to the company's transition to a privately held entity. The letter also notes the election of ten directors and the approval of compensation-related measures and an amendment to ALLETE's Articles of Incorporation. The full letter can be accessed through the link below.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only a","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250701:nNDL2dVb2h:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALE","BK4081"],"gpt_icon":0}],"pageSize":20,"totalPage":3,"pageCount":1,"totalSize":48,"code":"91000000","status":"200"}]}}