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. ALLETE’s Minnesota Power electric utility serves 145,000 residents, 15 municipalities and some of the nation’s largest industrial customers. Other businesses include 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.
ALLETE Clean Energy
ALLETE Clean Energy specializes in developing, acquiring and managing clean and renewable energy projects. We seek opportunities to develop or acquire mid-size capital projects for electric utilities, cooperatives, municipalities, independent power marketers and large end-users across North America. We're open to all types of business relationships including joint ventures and projects fully owned by ALLETE Clean Energy or our customers.
ALLETE is the corporate parent of BNI Energy, which owns and operates BNI Coal, LTD., a lignite mine near Center, North Dakota. Two electric generating cooperatives, Minnkota Power and Square Butte, which operate the Milton R. Young Generating Station, consume virtually all of the coal produced by BNI Energy under long-term agreements.
Minnesota Power, first incorporated in 1906, delivers electricity that is 50% renewable to 150,000 customers, including 14 municipal systems and some of the nation's largest industrial customers, across a 26,000-square-mile service territory in northern Minnesota.
New Energy Equity
New Energy Equity is a leading end-to-end distributed solar development company, having successfully completed more than 250 projects totaling more than 425 megawatts. Our national reach includes completed projects and projects under development in 26 U.S. states. Our team includes experts in all aspects of solar projects – development, engineering, land acquisition, program management, legal diligence, construction and financing. We share a dedication to clean energy and the nation’s energy transformation.
Superior Water, Light & Power
Superior Water, Light & Power, a wholly owned subsidiary of ALLETE, sells electricity, water and natural gas in and around Superior, Wisconsin, which is across the St. Louis River from Duluth, Minnesota.