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Stock impact report

Minnesota Power advances EnergyForward with request for proposals for up to 400 megawatts of wind energy [Yahoo! Finance]

Allete, Inc. (ALE) 
Last allete, inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.allete.com/investor-relations
Company Research Source: Yahoo! Finance
Proposals (RFP) for up to 400 megawatts of wind energy to come online by the end of 2027, an important milestone in advancing its Energy Forward vision for 100% carbon-free energy. The RFP follows Minnesota Power's 2021 Integrated Resource Plan approved by the Minnesota Public Utilities Commission, which calls for the company to acquire up to 300 megawatts of solar energy that is being evaluated in a separate RFP and 400 megawatts of wind generation. The procurement of wind through this RFP will increase by nearly 50% Minnesota Power's wind portfolio of about 870 megawatts of owned and contracted capacity and provide customers with more renewable energy that will help the company and state meet carbon-free goals in the coming decades. The company currently delivers more than 50% renewable energy to its 150,000 retail customers. As part of its Energy Forward strategy for a clean-energy future, Minnesota Power seeks cost-effective wind resources that are within the MISO Local Resour Show less Read more
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