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0.000312597686777056 0.000312597686777056 0.000314160675210993 0.000312597686777056 0 0.000703344795248542 0.000937793060331389 0.00078149421694275
Stock impact report

Minnesota Power plans two large solar projects in northern Minnesota as part of its EnergyForward strategy for carbon-free energy

Allete, Inc. (ALE) 
Last allete, inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.allete.com/investor-relations
Company Research Source: Business Wire
DULUTH, Minn.--(BUSINESS WIRE)--Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), announced today it plans to build two large solar projects in northern Minnesota as part of its continued transition toward a cleaner energy future while prioritizing regional renewable energy investments.The Regal Solar project near Royalton, Minnesota, and the Boswell Solar project in Cohasset, Minnesota, were chosen in an open process from competitive bids in Minnesota Power’s 2023 solar request for proposals. The process included an independent evaluator who monitored it and concurred with the selections as being the most cost-competitive for Minnesota Power customers.The Boswell Solar project will have a capacity of 85 megawatts from about 180,000 bifacial solar modules on about 600 acres, part of it owned by Minnesota Power. It will utilize existing electric infrastructure at the Boswell Energy Center, requiring only a collector substation and a short transmission line to tie into Show less Read more
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