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Duluth-based Allete to be sold, go private for $6.2 billion

The parent company of Minnesota Power would be taken private for $67 per share.

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Springfield water main break leaves 50 homes without water: CWLP

SPRINGFIELD, Ill. (WCIA) — Water service on Springfield’s Walnut Street is currently interrupted due to a water main break on a nearby road. City Water, Light and Power said the break happened to a six-inch main on Highland Avenue and it is affecting water service on nearby Walnut Street. Approximately 50 customers on Walnut between […]

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New solar company, lower property taxes drive Allete profits

But Minnesota Power is not expected to meet its return on equity authorized by regulators. The company will file for another rate increase in November.

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