Business Segments (Tables)

6 Months Ended

Jun. 30, 2019



	Quarter Ended					Six Months Ended
	June 30,					June 30,
	2019		2018			2019			2018
Millions
Operating Revenue
Regulated Operations
Residential		$29.2		$30.7			$74.4			$71.4
Commercial	34.9		36.2			73.8			72.8
Municipal	12.2		13.7			27.6			27.7
Industrial	120.3		115.3			241.9			230.2
Other Power Suppliers	35.2		42.7			74.6			86.4
Other	18.0		19.2			39.7			39.5
Total Regulated Operations	249.8		257.8			532.0			528.0

Energy Infrastructure and Related Services

ALLETE Clean Energy
Long-term PSA	12.5		12.4			27.1			31.0
Other	2.9		5.9			5.8			11.9
Total ALLETE Clean Energy	15.4		18.3			32.9			42.9

U.S. Water Services (a)
Point-in-Time	—		25.7			19.0			48.0
Contract	—		9.5			9.2			19.0
Capital Project	—		6.3			5.2			12.7
Total U.S. Water Services	—		41.5			33.4			79.7

Corporate and Other
Long-term Contract	21.2		22.7			41.4			42.7
Other	4.0		3.8			7.9			9.0
Total Corporate and Other	25.2		26.5			49.3			51.7
Total Operating Revenue		$290.4		$344.1			$647.6			$702.3
Net Income (Loss)
Regulated Operations		$30.3		$26.0			$81.8			$69.9

Energy Infrastructure and Related Services
ALLETE Clean Energy	1.9		6.8			7.7			14.9
U.S. Water Services (a)	—		0.2			(1.1		)	(1.2		)

Corporate and Other (a)	2.0		(1.7		)	16.3			(1.3		)
Total Net Income		$34.2		$31.3			$104.7			$82.3


(a)	On March 26, 2019, ALLETE completed the sale of U.S. Water Services. The Company recognized a gain on the sale of $11.1 million after-tax reflected in Corporate and Other in 2019. (See Note 1. Operations and Significant Accounting Policies.)



	June 30, 2019		December 31, 2018
Millions
Assets
Regulated Operations		$4,004.4		$3,952.5

Energy Infrastructure and Related Services
ALLETE Clean Energy	755.0		606.6
U.S. Water Services (a)	—		295.8

Corporate and Other	417.1		310.1
Total Assets		$5,176.5		$5,165.0

(a)

On March 26, 2019, ALLETE completed the sale of U.S. Water Services. (See Note 1. Operations and Significant Accounting Policies.)