{"id":404237,"date":"2020-12-22T06:33:25","date_gmt":"2020-12-22T11:33:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404237"},"modified":"2020-12-22T06:33:25","modified_gmt":"2020-12-22T11:33:25","slug":"allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\/","title":{"rendered":"ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site <\/b><\/p>\n<p class=\"bwalignc\">\nCompany\u2019s largest project generates electricity for Fortune 500 corporate customers\n<\/p>\n<p>DULUTH, Minn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc. (NYSE: ALE), announced today the start of commercial operations at its Diamond Spring wind site in southern Oklahoma.\n<\/p>\n<p>\nThe output from the 303-megawatt Diamond Spring site is contracted to provide renewable energy to Walmart, Smithfield Foods and Starbucks though separate renewable energy sales agreements with 12-15 year terms.\n<\/p>\n<p>\nDiamond Spring is ALLETE Clean Energy\u2019s largest wind site, producing enough energy to power about 114,000 homes and increasing the company\u2019s total wind capacity to more than 1,000 megawatts.\n<\/p>\n<p>\n\u201cDiamond Spring will help our customers achieve their climate-action goals and bring more renewable energy onto the nation\u2019s power grid,\u201d said ALLETE Clean Energy President Allan S. Rudeck Jr. \u201cI\u2019m extremely proud of our team for developing our largest wind site and bringing it to commercial operation on schedule during a global pandemic. We intend to continue to build on our strong reputation for delivering timely, responsible and cost-effective renewable solutions. ALLETE Clean Energy will continue to innovate and drive new growth opportunities in the clean-energy sector.\u201d\n<\/p>\n<p>\n\u201cMeaningful and lasting actions to address climate change by utilities, cities, and corporate and industrial customers are an important part of ALLETE\u2019s sustainability in action strategy and provide an exciting market for ALLETE Clean Energy as companies embrace sustainability goals,\u201d said ALLETE President and CEO Bethany Owen.\n<\/p>\n<p>\nSmithfield Foods, a $16 billion global food and agriculture company, announced a goal in 2016 to reduce greenhouse gas emissions across its supply chain 25 percent by 2025. Earlier this year, the company furthered its commitment to emissions reduction by announcing it will become carbon negative across its company-owned operations in the United States by 2030.\n<\/p>\n<p>\n\u201cSmithfield Foods has an ambitious carbon reduction program aimed at making a real, positive impact on the climate and generating value for multiple stakeholders,\u201d said Kraig Westerbeek, senior director of Smithfield Renewables for Smithfield Foods. \u201cWith the completion of the Diamond Spring project, the wind energy generated from this site will account for what is needed to power more than 15 percent of our total U.S. operations, marking a significant step forward in achieving our goals.\u201d\n<\/p>\n<p>\nALLETE Clean Energy\u2019s strategic purchase of wind turbines that qualify for the safe harbor provision of federal production tax credits enables Diamond Spring\u2019s low energy costs. In addition to turbines installed at Diamond Spring, ALLETE Clean Energy retains more safe harbor turbines for additional wind site development.\n<\/p>\n<p>\nWith Diamond Spring online, ALLETE Clean Energy has turned its attention to developing the Caddo wind site in central Oklahoma. The 303-megawatt Caddo site is fully contracted to three corporate customers, of which 200 megawatts is contracted to McDonald\u2019s Corp., increasing ALLETE Clean Energy\u2019s share of the corporate and industrial clean-energy market. The project is expected to be operational by the end of 2021.\n<\/p>\n<p>\nALLETE Clean Energy acquires, develops and operates clean and renewable energy projects and is well-positioned to drive additional clean-energy sector growth. ALLETE Clean Energy owns, operates, has in advanced construction and has delivered build-transfer projects totaling more than 1,450 megawatts of nameplate wind capacity across seven states.\n<\/p>\n<p>\nALLETE, Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; BNI Energy in Bismarck, North Dakota; and has an 8 percent equity interest in the American Transmission Co. More information about ALLETE is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.allete.com&amp;esheet=52352444&amp;newsitemid=20201222005099&amp;lan=en-US&amp;anchor=www.allete.com&amp;index=1&amp;md5=87f2b63ebeba00fdb9b3d75d71a830b3\">www.allete.com<\/a>. ALE-CORP\n<\/p>\n<p><i>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<\/i>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201222005099r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201222005099\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201222005099\/en\/<\/a><\/span><\/p>\n<p>\nAmy Rutledge<br \/>\n<br \/>Manager &#8211; Corporate Communications<br \/>\n<br \/>218-723-7400<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:arutledge@allete.com\">arutledge@allete.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Minnesota United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Alternative Energy Energy Utilities<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201222005099\/en\/401334\/3\/Ace_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site Company\u2019s largest project generates electricity for Fortune 500 corporate customers DULUTH, Minn.&#8211;(BUSINESS WIRE)&#8211; ALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc. (NYSE: ALE), announced today the start of commercial operations at its Diamond Spring wind site in southern Oklahoma. The output from the 303-megawatt Diamond Spring site is contracted to provide renewable energy to Walmart, Smithfield Foods and Starbucks though separate renewable energy sales agreements with 12-15 year terms. Diamond Spring is ALLETE Clean Energy\u2019s largest wind site, producing enough energy to power about 114,000 homes and increasing the company\u2019s total wind capacity to more than 1,000 megawatts. \u201cDiamond Spring will help our customers achieve their climate-action &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404237","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site Company\u2019s largest project generates electricity for Fortune 500 corporate customers DULUTH, Minn.&#8211;(BUSINESS WIRE)&#8211; ALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc. (NYSE: ALE), announced today the start of commercial operations at its Diamond Spring wind site in southern Oklahoma. The output from the 303-megawatt Diamond Spring site is contracted to provide renewable energy to Walmart, Smithfield Foods and Starbucks though separate renewable energy sales agreements with 12-15 year terms. Diamond Spring is ALLETE Clean Energy\u2019s largest wind site, producing enough energy to power about 114,000 homes and increasing the company\u2019s total wind capacity to more than 1,000 megawatts. \u201cDiamond Spring will help our customers achieve their climate-action &hellip; Continue reading &quot;ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-22T11:33:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201222005099r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site\",\"datePublished\":\"2020-12-22T11:33:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\\\/\"},\"wordCount\":712,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201222005099r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allete-clean-energy-begins-commercial-operations-at-diamond-spring-wind-site\\\/\",\"name\":\"ALLETE Clean Energy Begins Commercial Operations at Diamond Spring Wind Site - 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