ALLETE Stock Price. Everything You Need To Know About The ALLETE Stock!
ALLETE, Inc. engages in the provision of electric and natural gas utility services. The company is headquartered in Duluth, Minnesota and currently employs 1,467 full-time employees. The Company’s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power, and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota, and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The company also owns and operates, in seven states, more than 1,200 MW of nameplate capacity wind energy generation with a contract under power sales agreements (PSAs) of various durations. The company also engages in the development of wind energy facilities to operate under long-term PSAs.
ALLETE Stock Price. Everything You Need To Know About The ALLETE Stock! performance
- Employees 1467
- Company HQ Duluth
- Website https://www.allete.com/
- ALE Asset Type Common Stock
- ALE Market Capitalization 3.4B
- Earnings Per Share 4.3
- Dividends Per Share 2.71
- Dividend Date 2024-06-01
- Quarterly Earnings Growth -0.013
ALLETE is a leading energy company that operates in the United States. With a strong focus on sustainability and renewable energy, ALLETE offers an exciting investment opportunity for retail investors from Malaysia, Thailand, Indonesia, and Vietnam. Investing in ALLETE can provide diversification in your investment portfolio and exposure to the growing renewable energy sector. To invest in ALLETE from these countries, you can utilize the Zorion investment platform. Zorion offers investment insights and recommendations to help you make informed decisions, as well as access to educational materials to enhance your investment knowledge. Start investing in ALLETE today and become a part of the renewable energy revolution.
