Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

70.65
BATS BZX Real-Time Price
As of 2:32pm ET
 -0.20 / -0.28%
Today’s Change
54.03
Today|||52-Week Range
72.05
+10.06%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$3.6B

Company Description

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, and U.S. Water Services. The Regulated Operations segment includes regulated utilities; Minnesota Power; SWL&P; and investment in ATC, which regulates utilities that owns and maintains electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The U.S. Water Services segment provides integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage and improve efficiency. The company was founded in 1906 and is headquartered in Duluth, MN.

Contact Information

ALLETE, Inc.
30 West Superior Street
Duluth Minnesota 55802
P:(218) 279-5000
Investor Relations:

Employees

Shareholders

Mutual fund holders43.33%
Other institutional27.33%
Individual stakeholders1.07%

Top Executives

Alan R. HodnikChairman, President & Chief Executive Officer
Robert J. AdamsChief Financial Officer & Senior Vice President
Deborah A. AmbergChief Strategy Officer-Regulated Operations & SVP
Bradley W. OachsSenior VP & President-Regulated Operations
Steven W. MorrisChief Accounting Officer, VP & Controller