ALLETE, Inc. (ALE) is a publicly traded company in the Utilities sector, operating within the Diversified Utilities industry. The company is headquartered in Duluth, MN, United States. The current CEO is Bethany Owen.
ALE has IPO date of 1973-05-03, 1,595 full-time employees, listed on the NYSE, a market capitalization of $3.94B.
ALLETE, Inc. is an energy company headquartered in Duluth, Minnesota, operating through regulated utility operations, clean energy development, and other business segments. The company generates electricity from diverse sources including coal, biomass, natural gas, hydroelectric, wind, and solar facilities, serving approximately 160,000 electric customers and 13,000 natural gas customers across northwestern Wisconsin and northeastern Minnesota. ALLETE owns and operates roughly 1,000 megawatts of wind energy capacity and maintains extensive electric transmission assets across Wisconsin, Michigan, Minnesota, and Illinois. The company also operates coal mining operations in North Dakota and engages in real estate investments in Florida, while serving industrial customers in taconite mining, paper, pulp, and pipeline sectors.
