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ALLETE (FRA:AEBA) Construction In Progress : €0 Mil (As of Mar. 2024)


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What is ALLETE Construction In Progress?

ALLETE's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€205 Mil) but then declined from Dec. 2023 (€205 Mil) to Mar. 2024 (€0 Mil).

ALLETE's annual construction in progress declined from Dec. 2021 (€184 Mil) to Dec. 2022 (€166 Mil) but then increased from Dec. 2022 (€166 Mil) to Dec. 2023 (€205 Mil).

ALLETE Construction In Progress Historical Data

The historical data trend for ALLETE's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ALLETE Construction In Progress Chart

ALLETE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 664.83 287.70 184.43 166.14 204.58

ALLETE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 204.58 -

ALLETE Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

ALLETE (FRA:AEBA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ALLETE Inc (FRA:AEBA) » Definitions » Construction In Progress
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Traded in Other Exchanges
ALE:USA
Address
30 West Superior Street, Duluth, MN, USA, 55802-2093
Website
https://www.allete.com
ALLETE Inc is a provider of competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company's two reportable segments are 1) Regulated Operations includes the company's 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. 2) ALLETE Clean Energy focuses on developing, acquiring, and operating clean and renewable energy projects.

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