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Allete Financial Analysis And Valuation, Alec Tolson Apr 2021

Allete Financial Analysis And Valuation, Alec Tolson

Dissertations, Theses, and Projects

This analysis and evaluation of ALLETE, Inc. is based on historical quantitative and qualitative data. ALLETE, Inc. (NYSE: ALE) is an electric utility provider in the upper Midwest region of the U.S. Their primary business activities involve producing and delivering electricity to customers. Over the course of the last five years, ALE has maintained a consistent customer base. This aligns with the nature of their business as it is a heavily regulated industry where growth and competition are limited geographically.

ALE appears to be a healthy business that is in good standing with the government and regulatory agencies that enforce …