Allete Inc.

Allete Inc. is a diversified energy company primarily engaged in the generation, transmission, and distribution of electricity across several regions in the United States. The company serves both residential and commercial customers, with a significant focus on providing reliable and sustainable energy solutions. Allete Inc. operates through various businesses, including regulated utilities like Minnesota Power, which serves a broad customer base in northeastern Minnesota. In addition to its utility operations, Allete is recognized for its strategic investments in renewable energy projects, underscoring the company’s commitment to cleaner energy solutions. This includes wind farms and other renewable energy sources that not only contribute to reducing emissions but also align with broad industry trends towards sustainability. Allete Inc. plays a crucial role in the regional energy infrastructure, ensuring the balance between economic development and environmental stewardship. By maintaining a diversified energy portfolio, the company mitigates risks related to energy source volatility and regulatory changes. Headquartered in Duluth, Minnesota, Allete remains at the forefront of energy innovation, emphasizing both growth and environmental responsibility in the dynamic energy market landscape.