Al Rudeck Named President of ALLETE Clean Energy; Eric Norberg to Retire
May 25 2016 - 11:00AM
Business Wire
Al Rudeck has been named President of ALLETE Clean Energy, a
wholly-owned subsidiary of ALLETE Inc. (NYSE:ALE). Rudeck will
replace Eric Norberg, who is retiring effective July 1, 2016, after
38 years with ALLETE.
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Al Rudeck, President, ALLETE Clean Energy
(Photo: ALLETE, Inc.)
“Eric leaves behind a legacy of innovation and creative
entrepreneurship. Under his leadership, ALLETE Clean Energy has
grown in scale, scope and reputation as a trusted partner who can
get the deal done with some of the most well-known wind players in
the industry. Eric and the ACE team established a 500-megawatt wind
portfolio in just five years with operations that span the nation,”
said Al Hodnik, ALLETE chairman, president and CEO. “Eric has done
a tremendous job of growing ALLETE Clean Energy in the clean energy
space, and I have full confidence Al Rudeck will continue that
growth with the support of a talented team.”
Rudeck began his career at Minnesota Power, ALLETE’s utility
division, in 1996 as a chemical engineer. In 2006, he was promoted
to Vice President of Generation and was responsible for Minnesota
Power’s thermal and renewable assets in Minnesota and North Dakota,
as well as fuel services, production planning and corporate
engineering. He has been involved in some of the company’s largest
initiatives, including power plant environmental retrofits and the
growth of Minnesota Power’s wind portfolio to over 500 megawatts,
including the $800 million Bison investment in North Dakota and a
$50 million dollar investment at Taconite Ridge in Minnesota.
In 2013 Rudeck was named Minnesota Power’s Vice President of
Strategy and Planning, which also included Fuels and Asset
Optimization. In that role he was instrumental in the formation and
execution of components of the company’s Energy Forward strategy
including Bison 4, the Manitoba Hydro-Great Northern vision with a
133-megawatt renewable enhancement, a 10-megawatt solar farm at the
Minnesota National Guard base at Camp Ripley, the largest solar
farm on a National Guard base in the U.S., and competitive rail
agreements.
“Al’s team-based leadership style, strategic integrated
thinking, strong industry connections created through the execution
of various deals, chairmanship of the Association of Edison
Illuminating Companies Power Generation committee, and his diverse
project management skills make him incredibly well suited to carry
on the success of ALLETE Clean Energy,” Hodnik said. “I am fully
confident Al is the right leader, along with an experienced and
talented team, to take the company to the next level. This as we
answer our nation’s call for cleaner energy forms while growing
ALLETE.”
“I feel privileged and humbled to join the ACE team who has, in
partnership with ALLETE, demonstrated keen abilities ranging from
creative and sophisticated deal negotiations to acquisitions and
build-own-transfer of large scale energy projects to honing
expertise in operating of wind farms,” Rudeck said. “These are
exciting and dynamic times in the energy industry as our nation’s
energy landscape changes. I look forward to applying my knowledge
and experience with the ACE team as we together grow in the
non-regulated clean energy arena.”
Norberg said he looks forward to working with Rudeck to ensure a
smooth transition.
“Al has extensive experience with various forms of renewable
generation and many industry contacts--this will serve him well in
his new role as Al and the ACE team continue successful growth,
maintain steady operations and capitalize on increasing
opportunities in the clean energy markets,” Norberg said.
ALLETE Clean Energy operates a 540MW wind portfolio which
includes generation facilities in Minnesota, Iowa, Oregon and
Pennsylvania. In 2015, the company built and sold the 107-megawatt
Thunder Spirit wind farm near Hettinger, N.D., under a development
agreement with Montana-Dakota Utilities, a division of MDU
Resources Group (NYSE: MDU). Montana-Dakota acquired the finished
project for $200 million and will operate the wind farm for use by
its utility.
ACE was established in 2011 to acquire or develop capital
projects to create energy solutions by way of wind, solar, biomass,
hydro, natural gas, shale resources, clean coal technology and
other emerging energy innovations.
ALLETE, 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 Center, North
Dakota, U.S. Water Services in St. Michael, Minnesota, and has an 8
percent equity interest in the American Transmission Co. More
information about ALLETE is available at www.allete.com.
ALE-CORP
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. 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160525006015/en/
ALLETE, Inc.Amy Rutledge, 218-723-7400Manager - Corporate
Communicationsarutledge@allete.com
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