Minnesota Power a division of ALLETE, Inc. (NYSE: ALE), is seeking power supply proposals for 1 megawatt to 300 megawatts of solar generation, including Community-Based Energy Development (C-BED). The company seeks cost-effective solar resources that utilize Federal Tax Credits for solar projects on behalf of its customers. This request is part of Minnesota Power's broader evaluation process that considers the costs and characteristics of different power supply types (e.g. wind, solar, natural gas, demand response, and distributed generation) to optimize the mix of resources to meet customer needs. A copy of the RFP and additional details are available at http://rfp.mnpower.com. Proposals are due by Sept. 14, 2016.
Minnesota Power provides electric service within a 26,000-square-mile area in northeastern Minnesota, supporting comfort, security and quality of life for 144,000 customers, 16 municipalities and some of the largest industrial customers in the United States. More information can be found at www.mnpower.com.
The statements contained in this release and statements that ALLETE may make orally in connection with this release that are not historical facts, are forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements. These forward-looking statements involve risks and uncertainties and investors are directed to the risks discussed in documents filed by ALLETE with the Securities and Exchange Commission.
November 14, 2024
