ALLETE, Inc. logo ALE - ALLETE, Inc.

Inactive Ticker ALE is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 3
HOLD 12
SELL 1
STRONG
SELL
0
| PRICE TARGET: $58.00 DETAILS
HIGH: $58.00
LOW: $58.00
MEDIAN: $58.00
CONSENSUS: $58.00
DOWNSIDE: 14.58%

About ALLETE, Inc. (https://www.allete.com)

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric 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 services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

Key Executives

NAME TITLE DOB SALARY
Bethany Owen Chair, Chief Executive Officer & President 1966 $2,339,603 USD
Nicole Renee Johnson Vice President & President of Allete Clean Energy 1975 $704,244 USD
Joshua J. Skelton Vice President & Chief Operating Officer of Minnesota Power 1980 $690,356 USD
Jeffrey Scissons Vice President, Chief Financial Officer & Corporate Treasurer 1977 $547,217 USD
Amy Rutledge Director of Corporate Communications
Colin Bradley Anderson Vice President, Chief Accounting Officer & Controller 1976
Josh Kunkel President & Chief Executive Officer of New Energy Equity
Julie L. Padilla Vice President, Chief Legal Officer & Secretary 1976
Rob Sandstrom President of Superior Water, Light & Power
Vincent J. Meyer Vice President of Investor Relations

Company Peers

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