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ALLETE Inc

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About ALE

ALLETE, Inc. is a clean-energy transformation company that owns, operates and developing wind energy generation to reduce carbon footprint. The Company’s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power, and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota, and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The segment owns and operates, in seven states, more than 1,200 MW of nameplate capacity wind energy generation with a contract under power sales agreements (PSAs) of various durations. It engages in the development of wind energy facilities to operate under long-term PSAs.

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Market Capitalisation

$3.63B

Price-earnings ratio

-

Dividend yield

4.49%

Volume

724.61K

High today

$63.06

Low today

$62.72

Open price

$62.82

52-week high

$65.86

52-week low

$49.29

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ALE FAQs

Yes, the Stake platform allows you to buy ALE shares and over 12,000 stocks and ETFs across the ASX and Wall St.

One share of ALLETE Inc is valued at $62.84.

The ticker symbol for ALLETE Inc is ALE.

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The ALLETE Inc 52-week high stock price is $65.86.

The ALLETE Inc 52-week low stock price is $49.29.

As of 23/06/2024 ALLETE Inc has a market cap of $3.63B.

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

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