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Financing

Minnesota Power supports projects that build wealth, create quality jobs, and have a positive effect on the economy. Let us introduce you and your business to local, regional, and state resources that can help finance your growth. A partial list of those resources is provided here:


Minnesota Power’s parent company, ALLETE, has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start the process to become a private company.

This transaction will not change our operations, strategy or shared purpose and values, and it is business as usual for all of us at Minnesota Power. Learn more at www.ALLETEforward.com.