Brief: ALLETE, Grid United sign development agreements for advancing new HVDC transmission line in North Dakota and Montana
21/12/2023 11:32
Dec 21 (Reuters) - ALLETE Inc ALE.N :
* ALLETE INC- ALLETE, GRID UNITED SIGN DEVELOPMENT
AGREEMENTS FOR
ADVANCING NEW HVDC TRANSMISSION LINE IN NORTH DAKOTA AND MONTANA
* ALLETE INC-PROJECT REPRESENTS AN APPROXIMATELY $3.2
BILLION
INVESTMENT IN MONTANA AND NORTH DAKOTA
* ALLETE INC- CO EXPECTS TO PURSUE UP TO 35% OWNERSHIP AND
WOULD
OVERSEE LINE'S OPERATION
Source text for Eikon: ID:nBw1XQG4sa
Further company coverage: ALE.N
((Reuters.Briefs@thomsonreuters.com;))
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