Summary
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.
History
Allete was founded in 1906 as the Minnesota & Northwestern Power and Light Company. Today, the company provides electricity and natural gas utility services to customers within a four-state region, as well as develops, operates and maintains wind and solar energy facilities.
Mission
Allete's mission is to provide reliable, economical and sustainable energy services for our customers and communities.
Vision
Allete's vision is to be a leading provider of energy services that creates opportunities to produce value for shareholders, customers and communities.
Key Team
Mr. Josh Kunkel (Pres)
Mr. Vincent J. Meyer (VP of Investor Relations)
Jeffrey Scissons (Director of Corp. Devel.)
Mr. Patrick L. Cutshall C.F.A., CPA, CPA, CFA (VP & Corp. Treasurer)
Mr. Rob Sandstrom (Pres of Superior Water, Light & Power)
Mr. Matthew Hankey (Pres & CEO of New Energy Equity)
Mr. Frank Frederickson (VP of Customer Experience- Minnesota Power)
Recognition and Awards
Allete has been recognized by a variety of industry organizations and is committed to providing great service to its customers. In 2020, Allete was named the Most Reliable Electric Utility in the U.S. by J.D. Power & Associates. Allete was also named the Best Overall Utility by the Rocky Mountain Institute and the Utility Brand of the Year by Energy Industry Times.
References
United States 
