ALLETE, Inc.

Duluth, MN United States

  (NYSE: ALE)

Company Description

ALLETE provides light to the northern climes. Most of its business is classified within its regulated operations, which include electric, gas, and water utilities located in northeastern Minnesota and northwestern Wisconsin. Those operations are conducted through subsidiaries Minnesota Power (about 146,000 customers) and Superior Water, Light and Power (37,000 electric, gas, and water customers). ALLETE's other segment includes coal mining operations, emerging technologies related to electric utilities, and a real estate business (large land tracts in Florida). Subsidiary BNI Coal operates a mine in North Dakota that supplies, primarily, two generating co-ops, Minnkota Power and Square Butte.