trending Market Intelligence /marketintelligence/en/news-insights/trending/YPaiif5h2al3Hl3HSSdw_A2 content esgSubNav
In This List

ALLETE registers $200.5M worth of shares

Blog

Over 150 state-level energy-related measures enacted during Q2'21

Blog

Insight Weekly: Earnings learnings; Duke Energy hits back; PE activity surges

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Insight Weekly: Banks' efficiency push; vacuuming carbon; Big Pharma diversity goals


ALLETE registers $200.5M worth of shares

ALLETE Inc.filed May 3 an automatic shelf registration for the potential sale of approximately$200.5 million worth of securities.

The filing covers the sale of 3,641,133 common shares throughthe company's direct stock purchase and dividend reinvestment plan.The plan is being administrated by ALLETE Shareholder Services.

ALLETE said it will not receive any proceeds from the sale ofthe shares through the plan unless the shares are purchased directly from the company.If shares are purchased directly, it plans to use the net proceeds for general corporatepurposes.