Financing

Translation:

Minnesota Power supports projects that build wealth, create quality jobs, and have a positive effect on the economy. Let us introduce you and your business to local, regional, and state resources that can help finance your growth. A partial list of those resources is provided here:

Arrowhead Regional Development Commission Revolving Loan Fund
Entrepreneur Fund
Initiative Foundation
Iron Range Resources & Rehabilitation Board
Northland Foundation
Minnesota Department of Employment and Economic Development

Minnesota Power’s parent company, ALLETE, has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start the process to become a private company.

This transaction will not change our operations, strategy or shared purpose and values, and it is business as usual for all of us at Minnesota Power. Learn more at www.ALLETEforward.com.