ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners
Allete, Inc. (ALE)
Last allete, inc. earnings: 2/13 06:30 am
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US:NYSE Investor Relations:
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Source: Business Wire
Expects transaction to close in mid-2025 DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) announced that the Federal Energy Regulatory Commission (FERC) approved the company’s proposed transaction with Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP).“FERC’s approval of ALLETE’s proposed transaction with CPP Investments and GIP marks an important milestone and brings us one step closer to realizing the benefits of this transaction for our customers, our communities, our co-workers, and our shareholders,” said ALLETE Chair, President, and CEO Bethany Owen. “We are pleased with this decision and look forward to the tremendous opportunity this transaction creates for long-term energy and infrastructure investment while maintaining local jobs, management, and regulatory oversight.”Owen added, “We will continue diligently working to secure the remaining regulatory approvals for this transaction and value the input of all stakeholder
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ALE
Earnings
- 5/9/24 - Miss
ALE
Sec Filings
- 12/19/24 - Form 8-K
- 10/30/24 - Form 10-Q
- 9/25/24 - Form SD
- ALE's page on the SEC website