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CMS Energy Stock Price

65.65 +0.27 +0.41% Volume: 2,604,990 01.17.20 04:04 ET

CMS Energy Stock Price

17Jan2020 04:04 ET 65.65 +0.27 +0.41% Volume: 2,604,990

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 Cross Winds® Energy Park Phase III Now Producing Power

Dec 04, 2019
Final Phase of Wind Park Helping Consumers Energy Keep Clean Energy Commitment to Michigan

CARO, Mich., Dec. 4, 2019 /PRNewswire/ -- Consumers Energy announced Cross Winds Energy Park Phase III in Tuscola County today began serving customers and contributing 76 new megawatts of clean, renewable energy in Michigan.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

"Each spinning wind turbine producing sustainable, renewable energy breathes life into our Clean Energy Plan, a commitment we've made to our Michigan friends and neighbors to eliminate coal, cut harmful emissions and help greatly improve the quality of our state's water and air," said Dennis Dobbs, vice president of enterprise project management, engineering and services for Consumers Energy. "Thanks go to the people of Columbia and Akron townships who welcomed us into their community. We are looking forward to being a good neighbor in the community for the long term."

Consumers Energy's Clean Energy Plan calls for the energy provider to meet 90 percent of customers' electricity capacity needs by 2040 through clean energy resources like renewable energy, energy waste reduction and energy storage. The plan also calls for eliminating coal as a fuel source and reducing carbon emissions by 90 percent during that time period.

The $150 million Cross Winds Phase III that began commercial operations this morning employed over 250 workers during the project's construction. Its 33 turbines' 76-megawatt capacity is enough to serve about 30,000 residents.

The three phases of Cross Winds Energy Park are comprised of 114 total wind turbines with a combined capacity of 231 megawatts, or enough to serve about 90,000 residents. That is the environmental equivalent of taking over 179,000 cars off roads. Phase I began operations in December of 2014 and Phase II began in January of 2018.

With Phase III operational, five full-time staff have been added to the Cross Winds Energy Park team, which now has 16 full time employees.

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.

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

Check out Consumers Energy on Social Media 
Facebook: https://www.instagram.com/consumersenergy 
Twitter: https://twitter.com/consumersenergy  
LinkedIn: https://linkedin.com/company/consumersenergy 
Instagram: https://www.instagram.com/consumersenergy

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/consumers-energy-cross-winds-energy-park-phase-iii-now-producing-power-300969169.html

SOURCE Consumers Energy

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