Power - Earnings and Guidance
| ALLETE offers 2010 earnings estimates |  |
November 04, 2009 6:42 PM ET
By Muhammad Nadeem
|  Related Companies | Related Documents |
ALLETE Inc. said in a Form 8-K filed Nov. 2 that it expects 2010 earnings to be in the range of $2.05 to $2.35 per share on net income of $73 million to $83 million. ALLETE subsidiary Minnesota Power Inc. expects an increase in taconite production on Minnesota's Iron Range. Also, the company expects a full year of operations from Mesabi Nugget, a new 15-MW industrial customer that is expected to begin production in late 2009. |
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