Provides energy services in the Upper Midwest, including electric utilities and renewable energy generation, with a commitment to sustainability.
ALLETE, Inc. is a prominent energy company that operates across multiple segments. The company is structured into Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments, through which it maintains a diversified portfolio of energy generation and utility services. ALLETE generates electricity from various sources including coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar sources.
In its Regulated Operations segment, ALLETE provides essential utility services to a substantial customer base. This includes supplying regulated electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. Additionally, it serves northeastern Minnesota with regulated electric services to around 150,000 retail customers and 14 non-affiliated municipal customers.
ALLETE is also actively involved in the development, acquisition, and operation of clean and renewable energy projects. The company owns and operates a significant portfolio of renewable energy assets, boasting approximately 1,300 megawatts of wind energy generation capacity. This underscores its commitment to sustainable energy solutions and reducing environmental impact.
Beyond its core energy operations, ALLETE engages in coal mining activities in North Dakota and participates in real estate investment ventures in Florida. With a robust infrastructure comprising 162 substations totaling 10,116 megavolt amperes, ALLETE serves a diverse range of industries including taconite mining, paper, pulp, secondary wood products, pipelines, and others. Founded in 1906 and headquartered in Duluth, Minnesota, the company was originally known as Minnesota Power, Inc. before adopting its current name in May 2001.