ALLETE Inc

ALE

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
    USA

    T: +1 218 279-5000

    E: [email protected]

    https://www.allete.com

  • Sector

    Utilities

    Stock type

    Defensive

  • Industry

    Utilities - Diversified

    Fiscal Year End

    31 December 2025

    Employees

    1,638

Stocks News & Analysis

stocks

Eagers international foray

Our view on CanadaOne acquisition.
stocks

Tesla: Shares down despite record deliveries

We think the positive third-quarter numbers will be largely offset by a weak fourth quarter.
stocks

ASX listed share dominates their industry

Shares are currently fairly valued with a Wide Moat rating.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,240.3042.600.46%
CAC 408,056.6389.681.13%
DAX 4024,422.56308.941.28%
Dow JONES (US)46,519.7278.620.17%
FTSE 1009,427.7318.70-0.20%
HKSE27,287.12431.561.61%
NASDAQ22,844.0588.890.39%
Nikkei 22544,936.73385.880.87%
NZX 50 Index13,424.0627.70-0.21%
S&P 5006,715.354.150.06%
S&P/ASX 2008,945.9040.100.45%
SSE Composite Index3,882.7820.250.52%

Market Movers