ALLETE
FERC has granted Allete permission to sell several hundred million dollars in securities to raise money for its clean energy transition.
Canada's pension board and a private equity firm intend to buy Allete for $6.2 billion, a deal that appears to make some Minnesota regulators apprehensive.
A report released by ACORE and Grid United highlighted how Europe is using HVDC transmission lines to advance its decarbonization efforts and explained how the U.S. could do the same.
ALLETE and Grid United are teaming up to build a first-of-its-kind line that would span across interconnections and through three electric regions.
FERC’s Office of Enforcement found that ALLETE overbilled its wholesale transmission customers through improper accounting practices.
FERC ordered a pay cut for MISO transmission owners, reducing their ROE to 10.32% from 12.38%.
FERC granted Missouri River Energy Services an extension to comment on a series of “zonal agreements” submitted by ALLETE and Great River Energy.
ALLETE won FERC approval last week for rate incentives on the Great Northern Transmission Line between Manitoba and Minnesota.
News briefs on companies doing business with RTOs. This week we include Entergy, Duke, NextEra and ALLETE.
Minnesota’s ALLETE Clean Energy will increase its MISO wind portfolio by one-third with a $10 million acquisition from EDF Renewable Energy.
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