Insights

Grid modernization Minnesota Power is actively expanding and upgrading high-voltage transmission infrastructure including a 465-mile HVDC line with new converter stations planned for Minnesota and North Dakota, signaling opportunities for grid hardware, control systems, substation automation, and integration services.

Clean energy expansion The company traces its renewable roots and currently advances projects such as the Boswell Solar facility, indicating potential for solar equipment, EPC services, long-term O&M contracts, and energy storage integrations to support diversified generation assets.

Transport electrification Minnesota Power is developing a commercial fleet EV program and exploring electric carsharing in upcoming Transportation Electrification Plans, presenting opportunities in fleet charging infrastructure, energy management software, demand response, and utility-grade EV charging solutions.

Customer enablement With programs to assist customers on past-due bills and a focus on affordable, reliable energy for a broad customer base, there is potential for digital customer engagement platforms, bill/payment analytics, and utility customer experience enhancements.

Strategic growth As a division of ALLETE and expanding facilities regionally, Minnesota Power presents cross-sell opportunities across ALLETE’s network, collateral like project financing, asset management services, and shared technology platforms for enterprise customers and municipal clients.

Similar companies to Minnesota Power

Minnesota Power Tech Stack

Minnesota Power uses 8 technology products and services including AutoCAD, Microsoft SharePoint, Bluebeam, and more. Explore Minnesota Power's tech stack below.

Media & News

Minnesota Power's Email Address Formats

Minnesota Power uses at least 4 email formats:
Minnesota Power Email FormatsExamplePercentage
FLast@mnpower.comJDoe@mnpower.com
93%
First.Last@mnpower.comJohn.Doe@mnpower.com
5%
Last@mnpower.comDoe@mnpower.com
1%
LFirst@mnpower.comDJohn@mnpower.com
1%

Frequently Asked Questions

What is Minnesota Power's official website and social media links?

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Minnesota Power's official website is mnpower.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Minnesota Power generate?

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As of October 2026, Minnesota Power's annual revenue is estimated to be $1B - $10B.

What is Minnesota Power's NAICS code?

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Minnesota Power's NAICS code is 22 - Utilities.

How many employees does Minnesota Power have currently?

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As of October 2026, Minnesota Power has approximately 537 employees across 2 continents, including North America and Europe. Key team members include Chief Executive Officer: D. S., Chief Financial Officer: E. T. and Chief Financial Officer: P. C. Explore Minnesota Power's employee directory with LeadIQ.

What industry does Minnesota Power belong to?

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Minnesota Power operates in the Utilities industry.

What technology does Minnesota Power use?

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Minnesota Power's tech stack includes AutoCAD, Microsoft SharePoint, Bluebeam, Microsoft 365, Microsoft Azure, Microsoft Teams, Adobe Creative Suite and MouseFlow.

What is Minnesota Power's email format?

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Minnesota Power's email format typically follows the pattern of FLast@mnpower.com. Find more Minnesota Power email formats with LeadIQ.

How much funding has Minnesota Power raised to date?

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As of October 2026, Minnesota Power has raised $50M in funding. The last funding round occurred on Oct 18, 2023 for $50M.

When was Minnesota Power founded?

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Minnesota Power was founded in 1906.
Minnesota Power logo

Minnesota Power

UtilitiesMinnesota, United States501-1000 Employees

Minnesota Power is an electric utility based in Duluth, Minnesota, with roots stretching back more than a century when it first tapped the hydropower of the St. Louis River. Today it operates as an investor-owned utility and a division of ALLETE Inc., serving about 150,000 customers in a 26,000-square-mile region of northern Minnesota. Its customer mix includes municipal utilities and some of the largest energy users in the area, with a focus on delivering energy that is safe, reliable and increasingly clean.

Minnesota Power is part of the utilities industry and supports a workforce that develops employees' strengths and broadens opportunities. In 2026 the company announced a notable development when it signed an electric service agreement with Google to power a 700-MW data center project, reflecting ongoing expansion and partnerships.

Section iconCompany Overview

NAICS Code
22 - Utilities
Founded
1906
Employees
501-1000

Section iconFunding & Financials

  • $50M

    Minnesota Power has raised a total of $50M of funding over 1 rounds. Their latest funding round was raised on Oct 18, 2023 in the amount of $50M as a Grant.

  • $1B - $10B

    Minnesota Power's revenue is estimated to be in the range of $1B - $10B

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