ALLETE News

Boswell Energy Center, an electric generating unit, reported that it will undergo an environmental retrofit that will greatly reduce emissions while helping to ensure competitively-priced energy for decades to come.

An environmental retrofit will be implemented at the Boswell Unit 4 generating unit in Cohasset, ALLETE Inc.

D.A. Davidson maintained its ALLETE Neutral rating and $42.50 price target in a research report published today.

The Duluth-based corporation reported earnings were 66 cents per share on net income of $24.4 million and operating revenue of $240.0 million.

Duluth, MN -- Brian Hanson, the current Executive Director of the Duluth Economic Development Authority and the Director of Business & Community Development for the City of Duluth, has been selected as the new President and CEO of APEX.