Insights

Renewable Energy Focus ALLETE is known for delivering more than 50% renewable energy to its customers, showcasing a strong commitment to sustainability. This focus on clean energy solutions could be leveraged as a key selling point to environmentally conscious organizations seeking energy providers with a green footprint.

Financial Stability & Performance ALLETE reported operating revenue of $1.5 billion in 2024, showcasing a financially healthy position. This solid financial foundation can be highlighted to potential clients as an assurance of stability and reliability in energy services, potentially attracting organizations looking for long-term partners.

Expansion & Diversification Through its various businesses like ALLETE Clean Energy and New Energy Equity, ALLETE has expanded its energy projects with limited environmental impact and ventured into solar energy development. This diverse portfolio presents opportunities to cater to a wide range of energy needs, making it attractive to clients seeking innovative and sustainable energy solutions.

Upcoming Dividend Increase ALLETE's announcement of a 3.5% increase in its quarterly common stock dividend reflects a positive growth outlook. This financial move signals confidence in the company's future prospects and can be used to engage potential investors or partners who value consistent returns and financial health in their business relationships.

Strategic Leadership Transition With the transition of the Chief Financial Officer role, ALLETE is undergoing a planned leadership change. This presents an opportunity for sales professionals to establish new connections, strengthen relationships, and align offerings with the evolving vision and strategy of the company, potentially leading to new partnerships or collaborations.

ALLETE Tech Stack

ALLETE uses 8 technology products and services including Hyperion, Microsoft Visual Studio, Backbone.js, and more. Explore ALLETE's tech stack below.

  • Hyperion
    Corporate Performance Management
  • Microsoft Visual Studio
    Development
  • Backbone.js
    Javascript Frameworks
  • Modernizr
    Javascript Libraries
  • Windows Server
    Operating Systems
  • C#
    Programming Languages
  • Cisco Unified Communications Manager
    Unified Communications
  • Apache
    Web Servers

Media & News

ALLETE's Email Address Formats

ALLETE uses at least 2 format(s):
ALLETE Email FormatsExamplePercentage
FLast@alletecleanenergy.comJDoe@alletecleanenergy.com
93%
LFirst@alletecleanenergy.comDJohn@alletecleanenergy.com
5%
Last@alletecleanenergy.comDoe@alletecleanenergy.com
2%
FLast@allete.comJDoe@allete.com
80%
First.Last@allete.comJohn.Doe@allete.com
12%
LFirst@allete.comDJohn@allete.com
5%
Last@allete.comDoe@allete.com
3%

Frequently Asked Questions

Where is ALLETE's headquarters located?

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ALLETE's main headquarters is located at 30 W Superior St Duluth, MN 55802 US. The company has employees across 4 continents, including North AmericaAsiaEurope.

What is ALLETE's phone number?

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You can contact ALLETE's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is ALLETE's stock symbol?

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ALLETE is a publicly traded company; the company's stock symbol is ALE.

What is ALLETE's official website and social media links?

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ALLETE's official website is allete.com and has social profiles on LinkedIn.

How much revenue does ALLETE generate?

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As of November 2024, ALLETE's annual revenue reached $1.9B.

What is ALLETE's SIC code NAICS code?

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ALLETE's SIC code is 6531 - Real Estate Agents and Managers NAICS code is 221118 - Other Electric Power Generation.

How many employees does ALLETE have currently?

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As of November 2024, ALLETE has approximately 1K employees across 4 continents, including North AmericaAsiaEurope. Key team members include CEO: P. M.Chief Technology Officer: K. V.Chief Legal Officer: D. A. A.. Explore ALLETE's employee directory with LeadIQ.

What industry does ALLETE belong to?

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ALLETE operates in the Utilities industry.

What technology does ALLETE use?

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ALLETE's tech stack includes HyperionMicrosoft Visual StudioBackbone.jsModernizrWindows ServerC#Cisco Unified Communications ManagerApache.

What is ALLETE's email format?

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ALLETE's email format typically follows the pattern of . Find more ALLETE email formats with LeadIQ.

How much funding has ALLETE raised to date?

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As of November 2024, ALLETE has raised $700M in funding. The last funding round occurred on Aug 06, 2024 for $700M.

When was ALLETE founded?

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ALLETE was founded in 1906.
ALLETE

ALLETE

UtilitiesMinnesota, United States1001-5000 Employees

We are well-positioned as a provider of resilient, reliable and competitively-priced energy with operations across the nation. ALLETE (NYSE:ALE) also invests in energy-centric businesses and transmission infrastructure. Our businesses include clean-energy producers and developers and regulated utilities that deliver more than 50% renewable energy today, all with a focus on putting sustainability into action.
 
ALLETE's Minnesota Power electric utility serves 150,000 customers, 14 municipalities and some of the nation's largest industrial customers. Our other businesses are ALLETE Clean Energy, a developer of energy projects with limited environmental impact; BNI Energy in North Dakota; Superior Water, Light and Power in Superior, Wisconsin; ALLETE Renewable Resources, which operates and maintains wind generation facilities in North Dakota; and New Energy Equity, a leading developer of distributed solar energy projects.
To learn more about ALLETE or to find out how to apply and join our team, visit: www.allete.com/careers New jobs are posted weekly, so check back often.

Section iconCompany Overview

Headquarters
30 W Superior St Duluth, MN 55802 US
Phone number
Website
allete.com
SIC Code
6531 - Real Estate Agents and Managers
Stock Symbol
ALE
NAICS Code
221118 - Other Electric Power Generation
Founded
1906
Employees
1001-5000

Section iconFunding & Financials

  • $700M

    ALLETE has raised a total of $700M of funding over 2 rounds. Their latest funding round was raised on Aug 06, 2024 in the amount of $700M.

  • $1B

    ALLETE's revenue is in the range of $1B

Section iconFunding & Financials

  • $700M

    ALLETE has raised a total of $700M of funding over 2 rounds. Their latest funding round was raised on Aug 06, 2024 in the amount of $700M.

  • $1B

    ALLETE's revenue is in the range of $1B

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