Allete (US:ALE) — Company Overview, News & Financial Data
Allete is involved in energy and sustainability, focusing on renewable energy projects and resource optimization.
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Company profile
About Allete
Allete (NYSE:ALE) is a diversified company primarily involved in energy, sustainability, and resource optimization. It operates through strategic businesses that include a regulated utility providing electricity to customers in the Upper Midwest and investment in clean energy projects and infrastructure. Allete's projects focus on advancing renewable energy, enhancing grid reliability and promoting energy efficiency. The company is committed to achieving a sustainable energy future through innovation, environmental stewardship, and supporting the communities it serves. Its objectives revolve around delivering competitive energy solutions, maintaining operational excellence, and generating long-term shareholder value.
Snapshot
Public USOwnership
1906Year founded
341Employees
Duluth, United StatesHead office
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Global footprint
Operations
All Locations
Duluth, US
Products and/or services of Allete
- Minnesota Power provides electric utility service to northeastern Minnesota, focusing on energy conservation and renewable energy integration.
- BNI Energy develops and operates coal mining projects in North Dakota, emphasizing sustainable and responsible mining practices.
- ALLETE Clean Energy specializes in the development, acquisition, and operation of renewable energy projects including wind, solar, and hydro facilities across the United States.
- Superior Water, Light and Power offers water, electricity, and natural gas utility services in the Superior, Wisconsin area, prioritizing reliability and customer service.
- U.S. Water Services provides integrated water management solutions, including treatment, for industrial, municipal, and commercial sectors across the country.
- ALLETE Properties engages in real estate development and land management activities, focusing on sustainable and community-oriented projects in Florida.
Allete executive team
- Ms. Bethany M. OwenChair, CEO & President
- Mr. Jeffrey J. ScissonsVP, CFO & Corporate Treasurer
- Ms. Nicole Renee JohnsonVP & President of Allete Clean Energy
- Mr. Joshua J. SkeltonVP & COO of Minnesota Power
- Mr. Colin Bradley Anderson CPAVP, Chief Accounting Officer & Controller
- Mr. Vincent J. MeyerVice President of Investor Relations
- Ms. Julie L. PadillaVP, Chief Legal Officer & Secretary
- Amy RutledgeDirector of Corporate Communications
- Mr. Rob SandstromPresident of Superior Water, Light & Power
- Mr. Josh KunkelPresident & CEO of New Energy Equity