ALLETE, Basin Electric Team Up Amid Decarbonization Push in North-Central U.S.

SUGAR LAND--September 29, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Independent power producer ALLETE Incorporated (NYSE:ALE) (Duluth, Minnesota) is pushing forward with a long-delayed natural gas-fired, combined-cycle (NGCC) project in Wisconsin through an agreement with Basin Electric Power Cooperative (Bismarck, North Dakota), which provides electricity to 2.8 million customers in nine U.S. states. The agreement unites the efforts of two companies approaching the challenges of the U.S. energy market from opposite ends of the carbon spectrum. Industrial Info is tracking $1.7 billion worth of active projects from ALLETE and $1.1 billion worth from Basin Electric, with nearly half of ALLETE's investment attributed to projects in the Great Lakes region.

Within this article: Details on some of the highest-valued projects from ALLETE and Basin Electric, including a major NGCC facility and a series of windfarms and solar-energy facilities across the north-central U.S.

Other companies featured: Dairyland Power Cooperative, PRC Wind and Southern Company (NYSE:SO)