ALLETE (STU:AEBA) Construction In Progress : €0 Mil (As of Mar. 2025)

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What is ALLETE Construction In Progress?

ALLETE's quarterly construction in progress increased from Sep. 2024 (€0 Mil) to Dec. 2024 (€312 Mil) but then declined from Dec. 2024 (€312 Mil) to Mar. 2025 (€0 Mil).

ALLETE's annual construction in progress increased from Dec. 2022 (€166 Mil) to Dec. 2023 (€205 Mil) and increased from Dec. 2023 (€205 Mil) to Dec. 2024 (€312 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

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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287.70

184.43

166.14

204.58

312.19

ALLETE Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															-	-	-	312.19	-

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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ALLETE Inc (STU:AEBA) » Definitions » Construction In Progress

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ALE:USA

Address

30 West Superior Street, Duluth, MN, USA, 55802-2093

Website

https://www.allete.com

ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.

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