ALLETE Adds Renewable, Transmission Capacity as Buyout Nears

Researched by Industrial Info Resources (Sugar Land, Texas)--As it prepares to be acquired by a partnership next year, ALLETE Incorporated (NYSE:ALE) (Duluth, Minnesota) continues to develop its renewable-energy holdings with supply agreements and improved infrastructure, especially in its home state of Minnesota. Industrial Info is tracking more than $3 billion worth of active and proposed projects from ALLETE, about $1.9 billion of which is attributed to transmission and distribution (T&D) projects. Other companies featured: Canada Pension Plan Investment Board, Global Infrastructure Partners, Smartest Energy US and General Electric (NYSE:GE)