| ALE Description: ALLETE, Inc. operates as an energy company. It operates through Regulated Operations, ALLETE Clean Energy, U.S. Water Services, and Corporate and Other segments. The company generates electricity from coal-fired, hydro, wind, natural gas-fired, and biomass co-fired sources. It provides regulated electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers and 16 non-affiliated municipal customers. The company also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, it focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 535 MW of nameplate capacity wind energy generation that are under long-term power sales agreements. Further, the company offers integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage. Additionally, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 177 substations with a total capacity of 10,980 megavolt amperes. It serves taconite mining, iron concentrate, paper, pulp and wood products, and pipeline industries. The company was founded in 1906 and is headquartered in Duluth, Minnesota. |
