Name | Value |
---|---|
Revenues | 533.4M |
Cost of Revenue | 408.9M |
Gross Profit | 124.5M |
Operating Expense | 71.0M |
Operating I/L | 53.5M |
Other Income/Expense | -13.2M |
Interest Income | 1.0M |
Pretax | 40.3M |
Income Tax Expense | -0.4M |
Net Income/Loss | 51.5M |
ALLETE, Inc. is an energy company that operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from various sources including coal-fired, biomass co-fired/natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services to customers in Wisconsin and Minnesota, and owns and maintains electric transmission assets in several states. Additionally, ALLETE focuses on developing, acquiring, and operating clean and renewable energy projects, and owns and operates approximately 1,000 megawatts of wind energy generation facility. It also serves various industries including taconite mining, paper, pulp, and secondary wood products.