ALLETE Inc (NYSE:ALE)

56.07
Delayed Data
As of Dec 01
 +0.59 / +1.06%
Today’s Change
49.29
Today|||52-Week Range
67.45
-13.08%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$3.2B

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 Corporate and Other. The Regulated Operations segment includes regulated utilities, Minnesota Power, SWL&P, and investment in ATC, which regulates utilities that own and maintain electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The Corporate and Other segment includes New Energy, South Shore Energy, BNI Energy, ALLETE Properties, a small amount of non-rate base generation, land holdings, and earnings on cash and investments. The company was founded on January 25, 1906 and is headquartered in Duluth, MN.

Contact Information

ALLETE, Inc.
30 West Superior Street
Duluth Minnesota 55802-2093
P:(218) 279-5000
Investor Relations:
(218) 723-3952

Employees

Shareholders

Mutual fund holders47.66%
Other institutional30.61%
Individual stakeholders1.24%

Top Executives

Bethany M. OwenChairman, President & Chief Executive Officer
Joshua KunkelCo-President
Dean EastlakeChief Operating Officer
Steven W. MorrisSenior VP, Chief Financial & Accounting Officer
Patrick L. CutshallTreasurer & Vice President