
ALLETE provides affordable energy services in the Upper Midwest, with investments in mining and real estate.
Founded with a mission to deliver affordable and reliable energy services, ALLETE is a prominent energy provider in the Upper Midwest. The company focuses on sustainable and clean energy solutions, positioning itself as a leader in the transition to a clean-energy future. ALLETE’s portfolio includes regulated utilities, clean-energy producers, and developers, as well as investments in energy-centric businesses and transmission infrastructure. Additionally, ALLETE owns a lignite mine in North Dakota and has interests in real estate.
Notable figures associated with ALLETE include its executive leadership team and board of directors, who guide the company’s strategic direction. The company is publicly traded on the New York Stock Exchange under the ticker symbol ALE. Key achievements include significant investments in renewable energy projects and infrastructure, contributing to the delivery of a high percentage of renewable energy. ALLETE’s impact is evident in its commitment to sustainability and its role in advancing clean energy initiatives across the nation.
Companies similar to Allete include Alliant Energy, PPL, Altus Power and Otter Tail.
Allete was founded in 1906.
Allete's headquarters is located in Duluth, MN, US.
As of Jan 13, 1978, Allete has disclosed funding of $6.2B (USD). Undisclosed round amounts are excluded.

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