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  1. You are here:  
  2. Financial

US power utility Allete explores sale

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05 December 2023
Financial
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weekly_12.6.23_ALLETE-M-A

DealsEnergy

Reuters was first to report[1] that Allete Inc (ALE.N), a U.S. power utility and renewable energy developer that has a market value of about $5.2 billion, including debt, is exploring a sale of the company.

Market Impact

Allete shares jumped 9%

Read more https://www.reutersagency.com/en/reutersbest/article/us-power-utility-allete-explores-sale/

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