Detail akcie Allete Inc online

Business Summary: ALLETE, Inc. is an energy company. The Company's segments include Regulated Operations, ALLETE Clean Energy, New Energy and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. The ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The New Energy segment is a renewable energy company with a primary focus on developing solar and energy storage facilities for external sale and internal ownership while also offering comprehensive operations, maintenance and asset management services. The Corporate and Other segment is comprised of its investment in Nobles 2, South Shore Energy, BNI Energy, ALLETE Properties and others.
Financial Summary: BRIEF: For the three months ended 31 March 2025, ALLETE Inc revenues decreased 1% to $400.2M. Net income increased 11% to $56.1M. Revenues reflect Industrial segment decrease of 12% to $139.9M, ALLETE Clean Energy - Other segment decrease of 92% to $1.5M. Net income reflects Fuel and Purchased Power decrease of 8% to $123M (expense), Transmission Services Utility decrease of 16% to $19M (expense).