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ALLETE Inc (NYSE:ALE)

57.47
Delayed Data
As of May 27
 +0.53 / +0.93%
Today’s Change
45.29
Today|||52-Week Range
58.49
+13.06%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$2.8B

Company Description

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following segments: Regulated Operations, ALLETE Clean Energy, and US 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 US 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

Individual stakeholders6.31%
Mutual fund holders42.93%
Other institutional29.81%

Top Executives

Alan R. HodnikChairman, President & Chief Executive Officer
Steven Q. DeVinckChief Financial Officer & SVP-Business Support
Deborah A. AmbergSecretary, Senior Vice President & General Counsel
Robert J. AdamsChief Risk Officer & SVP-Energy Centric Businesses
David J. McMillanSenior Vice President-External Affairs