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CMS Energy Stock Price

50.48 -0.20 -0.4% Volume: 1,918,809 10.22.18 04:02 ET

CMS Energy Stock Price

22Oct2018 04:02 ET 50.48 -0.20 -0.4% Volume: 1,918,809

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

CMS Energy Announces Operations for Northwest Ohio Wind, Providing Clean Energy to General Motors

Oct 08, 2018

HAVILAND, Ohio, Oct. 8, 2018/PRNewswire/ -- CMS Energy today celebrated Northwest Ohio Wind, a 105-megawatt wind project that will generate clean energy for General Motors for at least the next 15 years.

CMS Energy Logo

Northwest Ohio Wind is owned by CMS Enterprises, a subsidiary of CMS Energy that takes a leadership role in development, ownership and operation of renewable energy with its clean and lean strategy. CMS Enterprises officials celebrated the wind park's opening today at a ceremony at Wayne Trace Junior/Senior High School that included community members.

"We at CMS Energy are committed to our Triple Bottom Line of People, Planet and Prosperity, and we're excited to start generating clean energy that will help General Motors meet long-term goals to protect the planet," said DV Rao, Senior Vice President of Strategy for CMS Energy.

"Renewable energy is an important part of GM's vision for a zero emissions future," said Rob Threlkeld, Global Manager of Renewable Energy for General Motors. "Working with CMS Energy's Northwest Ohio Wind farm, along with the HillTopper Wind Project in Illinois, we'll soon power all of our manufacturing facilities in Ohio and Indiana with 100 percent clean wind energy."

Northwest Ohio Wind is expected to generate about 320,000 megawatt-hours of renewable energy per year – enough to power more than 30,000 Ohio homes. Construction of the Northwest Ohio Wind project was executed through select contractors, including General Electric and White Construction, and was completed in August.

Renewable energy credits from Northwest Ohio Wind are committed to General Motors as part of a 15-year renewable energy purchase agreement.Northwest Ohio Wind will help offset carbon emissions from seven Midwestern General Motors plants. The carbon offset is about equivalent to planting more than 6.1 million trees or taking more than 50,000 cars off the road each year.

Earlier this year, CMS Energy announced major clean energy goals. Its principal subsidiary, Consumers Energy, plans to reduce carbon emissions by over 90 percent and no longer use coal to generate electricity by 2040. CMS Enterprises owns and operates more than 1,300 megawatts of generation nationwide, including solar plants in Michigan and Wisconsin, natural gas and co-generation facilities in Michigan, and three clean energy biomass plants in Michigan and North Carolina.

CMS Energy (NYSE: CMS) is a Michigan-based company that has an electric and natural gas utility, Consumers Energy, as its primary business and also owns and operates independent power generation businesses.

For more information on CMS Energy, please visit our website at www.cmsenergy.com. To sign up for email alert notifications , please visit the Investor Relations section of our website.

This news release contains "forward-looking statements." The forward-looking statements are subject to risks and uncertainties that could cause CMS Energy's and 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 CMS Energy's and Consumers Energy's Securities and Exchange Commission filings.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/cms-energy-announces-operations-for-northwest-ohio-wind-providing-clean-energy-to-general-motors-300726988.html

SOURCE CMS Energy

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