Minnesota Power issues RFP for solar project


Minnesota Power

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Minnesota Power, a division of ALLETE, Inc., is issuing a Request For Proposal (RFP) for the procurement of 1 MW solar power as part of its EnergyForward Strategy and to meet Minnesota’s solar energy standard. The solar power shall be purchased under a long-term power purchase agreement (PPA). The solar generation facility must be located within St. Louis or Carlton Counties. Further, in order to fully utilize the value of the solar Investment Tax Credit, the solar generation facility must begin generation in 2016.

Proposals are due by Oct. 15, 2015. The RFP documents are available on Minnesota Power’s website.

Minnesota Power’s EnergyForward plan is the company’s strategy for achieving a cleaner diversified energy mix with the goal of one-third renewable energy, one-third natural gas and one-third coal. Minnesota Power provides retail electric service within a 26,000-square-mile area in northeastern Minnesota to 144,000 customers and wholesale electric service to 16 municipalities. More information can be found at www.mnpower.com.

The statements contained in this release and statements that ALLETE may make orally in connection with this release that are not historical facts, are forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements. These forward looking statements involve risks and uncertainties and investors are directed to the risks discussed in documents filed by ALLETE with the Securities and Exchange Commission.