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CMS Energy Stock Price

58.62 +0.80 +1.38% Volume: 2,463,464 01.15.21 04:00 ET

CMS Energy Stock Price

15Jan2021 04:00 ET 58.62 +0.80 +1.38% Volume: 2,463,464

Media Contacts

MEGAN
BROWN
Senior Director of Public Relations
and Communications
517-788-6538
megan.brown@cmsenergy.com
KATIE
CAREY
Director of Media Relations
517-788-2395
katelyn.carey@cmsenergy.com
BRIAN
WHEELER
Senior Public Information Director
517-788-2394
brian.wheeler@cmsenergy.com

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

CMS Energy, Corp. (“CMS”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. By clicking “Accept” you acknowledge and agree that neither CMS nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against CMS and Virtua and further acknowledge and agree that in no event shall CMS or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if CMS and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, CMS may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including net income, earnings per share, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. CMS provides historical financial results on both a GAAP and non-GAAP basis. Management views adjusted earnings as a key measure of the company’s present operating financial performance and uses adjusted earnings for external communications with analysts and investors. Internally, the company uses adjusted earnings to measure and assess performance. Adjustments could include items such as discontinued operations, asset sales, impairments, restructuring costs, regulatory items from prior years, or other items. Because the company is not able to estimate the impact of specific line items, which have the potential to significantly impact, favorably or unfavorably, the company’s reported earnings in future periods, the company is not providing reported earnings guidance nor is it providing a reconciliation for the comparable future period earnings.

CMS and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should be considered supplemental information to assist in fully understanding our business results, rather than as a substitute for the reported earnings.

A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP measure is included as a separate link and also posted on the CMS website at www.cmsenergy.com.

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News Releases

Consumers Energy Starts Operating First Community Solar Power Plant at Grand Valley State University

Apr 18, 2016

ALLENDALE, Mich., April 18, 2016 /PRNewswire/ -- Days after it closed seven Michigan coal plants, Consumers Energy today started operations at its first large-scale solar project on 17 acres at Grand Valley State University.

"The first location in our Solar Gardens program demonstrates our commitment to building a sustainable future for Michigan," said Dan Malone, Consumers Energy's senior vice president of energy resources. "We are pleased to work with Grand Valley State University to develop a new source of renewable energy that will help power homes and businesses."

The 3-megawatt solar power plant on university property is the largest community solar project in Michigan, generating up to 3 megawatts, or enough electricity to serve 600 homes. The energy provider is building a second site at Western Michigan University, which is expected to open late this summer, and is considering another location in the Lansing area.

Consumers Energy customers are supporting the development of solar energy by enrolling in the new Solar Gardens program. They can express interest and learn more about Solar Gardens online at www.ConsumersEnergy.com/solargardens.

The energy provider has been active in developing renewable energy sources in Michigan. It operates two wind farms, one near Lake Michigan and one in the Thumb, and contracts to buy energy generated by wind, landfill gas, anaerobic digestion and hydroelectric generation.

Consumers Energy also has contracted to buy energy from a 100-megawatt wind farm under construction in Michigan's Thumb and has helped Michigan State University transition its on-campus power plant from coal to natural gas as a fuel source.

"Solar Gardens is part of our commitment to ensure that future generations in Michigan have affordable, reliable and increasingly clean energy," Malone said.

Consumers Energy, Michigan's largest utility, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties.

For more information about Consumers Energy, go to www.ConsumersEnergy.com.

Media toolkit

VIDEO: See video taken during construction of the Grand Valley State University solar location: https://www.dropbox.com/sh/a7712hhvb5i78mf/AABMexUCRNewoXIbyXvslAi7a?dl=0

Check out Consumers Energy on Social Media

Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
YouTube: https://www.youtube.com/user/consumersenergy
Flickr: https://www.flickr.com/photos/consumersenergy/

This news release contains "forward-looking statements." The forward-looking statements are subject to risks and uncertainties that could cause Consumers Energy's results to differ materially. All forward-looking statements should be considered in the context of the risk and other factors detailed from time to time in Consumers Energy's Securities and Exchange Commission filings.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/consumers-energy-starts-operating-first-community-solar-power-plant-at-grand-valley-state-university-300252684.html

SOURCE Consumers Energy

Brian Wheeler, 517-788-2394, or Roger Morgenstern, 616-530-4364

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