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We provide electricity in a 26,000-square-mile service area in northeastern Minnesota. Customers: We serve about 145,000 residential and commercial customers, 15 municipalities and some of the nation's largest industrial customers.
ALLETE (NYSE: ALE) is well-positioned as a reliable provider of competitively-priced energy in the Upper Midwest, and invests in transmission infrastructure and other energy-centric businesses.
Customers: We serve about 145,000 residential and commercial customers, 15 municipalities and some of the nation's largest industrial customers.
Minnesota Power, an ALLETE Company Minnesota Power's Economic Development Program serves businesses, communities and individuals in its 26,000-square-mile service territory in northeastern Minnesota and northern Wisconsin.
Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding Allete Inc is 'Strong Buy'.