ALLETE Inc (NYSE:ALE)

61.44
Delayed Data
As of 4:03pm ET
 -0.66 / -1.06%
Today’s Change
56.84
Today|||52-Week Range
73.10
-7.40%
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 U.S. Water Services. 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 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 55802-2093
P:(218) 279-5000
Investor Relations:
(218) 723-3952

Employees

Shareholders

Mutual fund holders43.78%
Other institutional25.99%
Individual stakeholders1.14%

Top Executives

Bethany M. OwenChairman, President & Chief Executive Officer
Steven W. MorrisChief Financial Officer & Senior Vice President
Robert J. AdamsSenior Vice President
Patrick L. CutshallTreasurer & Vice President
Nicole R. JohnsonChief Administrative Officer & Vice President