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Allete Acquires Three More Wind Energy Facilities

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Allete logo

DULUTH, MN (KDAL) - Allete Clean Energy, a subsidiary of Allete Incorporated in Duluth, has signed an acquisition agreement to purchase wind farms in Minnesota, Iowa and Oregon from the AES Corporation early next year.  They also signed an option agreement to acquire a fourth facility in Pennsylvania in mid-2015.  Under the agreement, Allete Clean Energy would acquire the facilities in Lake Benton, Minnesota, Storm Lake, Iowa and Condon, Oregon for 27 million dollars.  All three have power purchase agreements in place for the 231 megawatt electric output.