Allete, Inc. (ALE) - Alternative Energy - Deals and Alliances Profile

 Published On: Jun, 2015 |    No of Pages: 44 |  Published By: GlobalData | Format: PDF
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Summary

ALLETE, Inc. (ALLETE) is an energy company. It provides energy services in the upper Midwest. The company also invests in transmission infrastructure and other energy-centric businesses. ALLETE participates in real estate holdings in Florida. The company's energy businesses include BNI Coal, Minnesota Power, ALLETE Properties, Superior Water Light & Power (SWL&P), U.S. Water Services and ALLETE Clean Energy. The company operates its business through two segments, namely, Regulated Operations, and Investments and Other. The Regulated Operations segment focuses on the retail and wholesale of rate-regulated electric, natural gas, and water services. The Investments and Other segment undertakes energy infrastructure and related services businesses. It serves residential, commercial, industrial and municipal customers. ALLETE is headquartered in Duluth, Minnesota, the US.

Allete, Inc. (ALE) - Alternative Energy - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Alternative Energy eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents

Table of Contents 2
List of Tables 4
List of Figures 5
Allete, Inc., Alternative Energy, Deals By Year, 2009 to YTD 2015 6
Allete, Inc., Alternative Energy Deals By Type, 2009 to YTD 2015 7
Allete, Inc., Alternative Energy, Deals By Region, 2009 to YTD 2015 8
Allete, Inc., Alternative Energy, Deals By Sector, 2009 to YTD 2015 9
Allete, Inc., Alternative Energy, Deals Summary, 2009 to YTD 2015 10
Allete, Inc., Alternative Energy, Deal Details 11
Asset Purchase 11
Minnesota Power Invests USD345 Million in Bison IV Wind Power Project in North Dakota, US 11
Minnesota Power and Minnesota National Guard to Invest USD25 Million in Solar Power Project in Camp Ripley, Minnesota, US 12
Minnesota Power Invests US$157 Million In Bison II Wind Project In North Dakota, US 13
Minnesota Power Invests US$157 Million In Bison III Wind Project In North Dakota, US 14
Minnesota Power Enterprises Plans To Invest Up To US$650 Million In Great Northern Transmission Line In US 15
Minnesota Power Invests US$178 Million In Bison I Wind Power Project, North Dakota, U.S. 16
Minnesota Power Acquire Transmission Line For US$70 Million From Square Butte Electric 17
Equity Offering 18
Allete Completes Public Offering Of Shares For US$160.2 Million 18
Debt Offering 20
ALLETE Completes Private Placement Of 4.85% First Mortgage Bonds Due 2021 For US$15 Million 20
ALLETE Completes Private Placement Of 5.1% First Mortgage Bonds Due 2025 For US$30 Million 21
ALLETE Completes Private Placement Of 6% First Mortgage Bonds Due 2040 For US$35 Million 22
ALLETE Completes Private Placement Of 8.17% First Mortgage Bonds Due 2019 For US$42 Million 23
Acquisition 24
Allete to Acquire 87% Stake in U.S. Water Services for USD168 Million 24
Allete, Inc. - Key Competitors 25
Key Employees 26
Locations And Subsidiaries 27
Head Office 27
Other Locations & Subsidiaries 27
Recent Developments 29
New Contracts 29
Feb 25, 2014: Siemens to supply turbines for Allete's wind project in North Dakota, US 29
Financial Announcements 30
Feb 17, 2015: ALLETE Earnings Rise in 2014 30
Jan 23, 2015: ALLETE Board of Directors Raises Quarterly Stock Dividend 31
Jan 13, 2015: ALLETE to Announce 2014 Financial Results on February 17 32
Nov 03, 2014: ALLETE, Inc. Reports Third Quarter Earnings of 97 Cents Per Share 33
Oct 30, 2014: ALLETE Board of Directors Declares Dividend on Common Stock 34
Oct 07, 2014: ALLETE to Announce Third Quarter Financial Results on November 3 35
Aug 01, 2014: Strong revenue growth drives ALLETE's second quarter results 36
Jul 31, 2014: ALLETE Board of Directors Declares Dividend on Common Stock 37
May 07, 2014: ALLETE Reports First Quarter Results and Reaffirms 2014 Earnings Guidance 38
May 01, 2014: ALLETE Board of Directors Declares Dividend on Common Stock 39
Feb 14, 2014: ALLETE Reports 2013 Financial Results 40
Jan 30, 2014: ALLETE Increases Quarterly Common Stock Dividend by 3.2 Percent to 49 Cents Per Share 41
Other Significant Developments 42
May 15, 2015: Great Northern Transmission Line Needed: MPUC 42
Jan 10, 2014: Steven W. Morris to Become ALLETE Controller 43
Appendix 44
Methodology 44
About GlobalData 44
Contact Us 44
Disclaimer 44

List of Tables

Allete, Inc., Alternative Energy, Key Facts, 2014 1
Allete, Inc., Alternative Energy, Deals Summary, 2009 to YTD 2015 1
Allete, Inc., Alternative Energy, Deals By Year, 2009 to YTD 2015 6
Allete, Inc., Alternative Energy Deals By Type, 2009 to YTD 2015 7
Allete, Inc., Alternative Energy, Deals By Region, 2009 to YTD 2015 8
Allete, Inc., Deals By Sector, 2009 to YTD 2015 9
Allete, Inc., Alternative Energy, Deals Summary, 2009 to YTD 2015 10
Minnesota Power Invests USD345 Million in Bison IV Wind Power Project in North Dakota, US 11
Minnesota Power and Minnesota National Guard to Invest USD25 Million in Solar Power Project in Camp Ripley, Minnesota, US 12
Minnesota Power Invests US$157 Million In Bison II Wind Project In North Dakota, US 13
Minnesota Power Invests US$157 Million In Bison III Wind Project In North Dakota, US 14
Minnesota Power Enterprises Plans To Invest Up To US$650 Million In Great Northern Transmission Line In US 15
Minnesota Power Invests US$178 Million In Bison I Wind Power Project, North Dakota, U.S. 16
Minnesota Power Acquire Transmission Line For US$70 Million From Square Butte Electric 17
Allete Completes Public Offering Of Shares For US$160.2 Million 18
ALLETE Completes Private Placement Of 4.85% First Mortgage Bonds Due 2021 For US$15 Million 20
ALLETE Completes Private Placement Of 5.1% First Mortgage Bonds Due 2025 For US$30 Million 21
ALLETE Completes Private Placement Of 6% First Mortgage Bonds Due 2040 For US$35 Million 22
ALLETE Completes Private Placement Of 8.17% First Mortgage Bonds Due 2019 For US$42 Million 23
Allete to Acquire 87% Stake in U.S. Water Services for USD168 Million 24
Allete, Inc., Key Competitors 25
Allete, Inc., Key Employees 26
Allete, Inc., Subsidiaries 27

List of Figures

Allete, Inc., Alternative Energy, Deals by Type, 2009 to YTD 2015 1
Allete, Inc., Alternative Energy, Deals By Year, 2009 to YTD 2015 1
Allete, Inc., Alternative Energy, Deals By Region, 2009 to YTD 2015 1
Allete, Inc., Alternative Energy, Deals By Sector, 2009 to YTD 2015 1
Allete, Inc., Alternative Energy, Deals By Year, 2009 to YTD 2015 6
Allete, Inc., Alternative Energy, Deals by Type, 2009 to YTD 2015 7
Allete, Inc., Alternative Energy, Deals By Region, 2009 to YTD 2015 8
Allete, Inc., Alternative Energy, Deals by Sector, 2009 to YTD 2015 9


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