ALLETE Clean Energy Has Sold The Whitetail Wind Project In Southwestern Wisconsin To Invenergy, With The Intent That It Be Constructed And Subsequently Sold To WEC Energy Group Utilities We Energies And Wisconsin Public Service Corp. As Well As Madison Gas And Electric Co.; No Financial Terms Disclosed
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ALLETE Clean Energy, a subsidiary of ALLETE, Inc. (NYSE:ALE), has sold the Whitetail Wind Project in Wisconsin to Invenergy. The project is intended to be constructed and sold to WEC Energy Group utilities and Madison Gas and Electric Co. No financial terms were disclosed.
October 29, 2024 | 2:08 pm
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ALLETE, Inc. has sold its Whitetail Wind Project to Invenergy, marking a strategic move in renewable energy development. The project will eventually be sold to WEC Energy Group utilities and Madison Gas and Electric Co.
The sale of the Whitetail Wind Project aligns with ALLETE's strategy to develop and sell renewable energy projects, potentially boosting its reputation and future business prospects in the renewable sector.
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