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CMS Energy Stock Price

52.89 -0.59 -1.1% Volume: 2,248,933 12.14.18 04:03 ET

CMS Energy Stock Price

14Dec2018 04:03 ET 52.89 -0.59 -1.1% Volume: 2,248,933

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's New Renewable Energy Program Helps General Motors and Switch in Michigan

Mar 08, 2018

Program Matches Energy Used by Large Businesses with Clean Sources

JACKSON, Mich., March 8, 2018 /PRNewswire/ -- General Motors and Switch are the first participants in a new Consumers Energy program to help large businesses use large renewable energy sources. Both companies are now matching 100 percent of their electric use at key operations in Michigan with wind-generated power.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

The energy used at Switch's Pyramid Campus, a 1.8 million-square-foot data center campus in Grand Rapids, and General Motors' Flint Metal Center and Flint Engine Operations is matched entirely with energy produced by Cross Winds® Energy Park II, which went into operation this year in Tuscola County, in Michigan's Thumb.

"Switch and General Motors are leading the way for companies that want to operate efficiently in a competitive environment, yet also make and meet commitments to our planet," said Garrick Rochow, Consumers Energy's senior vice president of operations. "We look forward to providing clean energy that will power Switch, General Motors and other large businesses that choose Michigan to locate and grow."

Sustainably running the internet has been a bedrock principle of Switch since founder and CEO Rob Roy started the company in 2000. "It was a pleasure to work with Consumers Energy to continue Switch's commitment to using 100 percent new, local renewable energy resources to power our data centers," said Adam Kramer, Switch executive vice president of strategy.

Consumers Energy's new renewable energy program for large businesses was approved last year by the Michigan Public Service Commission.

"Corporations have a leadership opportunity to help accelerate and scale renewable energy, making it more accessible and affordable for everyone," said Dane Parker, General Motors vice president of Sustainable Workplaces. "The Consumers Energy program will help General Motors meet its commitment to source 100 percent renewable energy at all global operations by 2050, while reducing emissions in our Michigan communities and making the grid greener."

Switch, General Motors and other businesses that choose to participate help defray the costs for new renewable energy sources. "The collaboration among a tech company and an automaker demonstrates that environmental leadership can be driven from all business sectors," Rochow said.

Today, Consumers Energy provides 10 percent of customers' energy use from renewable sources. Consumers Energy recently announced that more than 40 percent of the energy it produces will come from renewable sources and energy storage by 2040.

The energy provider's new clean energy goals also include reducing carbon emissions by 80 percent and no longer using coal to generate electricity by 2040.

ABOUT Consumers Energy: Consumers Energy, Michigan's largest energy provider, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and/or electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties. Consumers Energy is creating a sustainable future by focusing on the environment, powering Michigan's economy and investing in people.

ABOUT Switch: POWERING THE FUTURE OF THE CONNECTED WORLD® Switch (SWCH), the technology infrastructure corporation headquartered in Las Vegas, is built on the intelligent and sustainable growth of the internet. Switch founder and CEO Rob Roy has developed more than 400 issued and pending patent claims covering data center designs that have manifested into the company's world-renowned data centers and technology solution ecosystems. Visit switch.com for more information.

ABOUT General Motors Co.: General Motors Co. (GM) has leadership positions in the world's largest and fastest-growing automotive markets. General Motors, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at www.gm.com.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/consumers-energys-new-renewable-energy-program-helps-general-motors-and-switch-in-michigan-300610715.html

SOURCE Consumers Energy

Consumers Energy: Katie Carey, 517-740-1739, or Brian Wheeler, 517-740-1545; Switch: Alise Porto, 702-280-1823, pr@switch.com; General Motors: Carolyn Markey, 313-806-9124, Carolyn.markey@gm.com

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