Investor Presentaiton
ALLETE business mix - uniquely positioned to
leverage clean energy trends
minnesota power
SWL&P
AC
AMERICAN TRANSMISSION COMPANY®
• Generates, transmits and distributes electricity in northern Minnesota; rich in natural resources
• Increased renewable standards are expediting the transition away from coal, creating renewable
infrastructure opportunities
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• Additional wind generation/solar/storage and supporting transmission & distribution
Provider of electric, natural gas and water service in northwestern Wisconsin
Smart metering advancing along with increased renewable service offerings
• Natural gas expansion opportunities
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Anticipates community solar garden in service late 2020
8% ownership: ATC owns and operates the electric transmission system in portions of
Wisconsin, Michigan, Minnesota & Illinois
Growing equity investment with planned ten-year build-out
ALLETE
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Specializes in developing, acquiring, constructing, managing and optimizing clean and renewable
energy projects for growth across North America
Robust pipeline of PTC projects and acquisition targets under review
clean energy. Material growth expected - will have in excess of 1300 MWs with completion of Caddo project
SMART. POWERFUL. AHEAD.
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• Operates a lignite mine near Center, North Dakota, producing about 4M tons annually, under a
long-term cost-plus fixed-fee arrangement to 2037
✔BNI
• Working with partners on potential carbon solutions
energy
• Leveraging BNI established relationships for clean energy advancement
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