ALLETE Inc
Company Profile
Business description
ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
Contact
30 West Superior Street
DuluthMN55802-2093
USAT: +1 218 279-5000
Sector
Utilities
Stock type
Defensive
Industry
Utilities - Diversified
Fiscal Year End
31 December 2025
Employees
1,622
Morningstar Investment Ideas
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