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CMS Energy Stock Price

52.79 +0.02 +0.04% Volume: 2,526,890 02.19.19 04:03 ET

CMS Energy Stock Price

19Feb2019 04:03 ET 52.79 +0.02 +0.04% Volume: 2,526,890

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 Dedicates First Ever Solar, Battery Storage Systems on Grand Rapids' West Side

Jan 23, 2019
Circuit West District Provides Glimpse at Michigan's Energy Future

GRAND RAPIDS, Mich., Jan. 23, 2019 /PRNewswire/ -- Consumers Energy today dedicated Michigan's first ever rooftop solar array and battery storage system in a vibrant and growing area of Grand Rapids.

Consumers Energy Logo (PRNewsFoto/Consumers Energy)

Nearly 1,800 solar panels atop the Bridge Street Market and adjoining buildings between Bridge and First Streets within the Circuit West district are accompanied nearby by a 500-kilowatt battery. It's the first such energy distribution setup in Michigan and one of the first in the country intended to make renewable energy increasingly reliable and cost effective.

"Today, there is very little storage on the grid, so electricity is generated just moments before you use it," said Garrick Rochow, Consumers Energy's senior vice president of operations. "With large batteries, we will make our grid more efficient, effective and sustainable. It's a critical part of Michigan's energy future and it's happening here at Circuit West."

Circuit West is a 13-block district of innovative electricity generation, distribution and storage and energy efficient building construction. Circuit West is led by Consumers Energy and Rockford Construction.

"With this first-of-its-kind solar, battery storage system, West Michigan is leading the way to our clean energy future," said Senator Debbie Stabenow. "Projects like Circuit West will ensure more families and businesses have greener and more reliable energy."

Stabenow was joined by leaders from Consumers Energy, Rockford Construction and the City of Grand Rapids to announce the electric distribution and storage system today at the West Michigan Center for Arts and Technology, 614 First Street NW, one of the many new buildings springing up within Circuit West.

"This rooftop solar array can power up to 100 homes and is part of Consumers Energy's commitment to increasing our use of renewable energy to 40 percent and ending our use of coal to generate electricity," Rochow said. "Our Circuit West work is putting into action our triple bottom line of People, the Planet and Prosperity."

The Circuit West battery, which goes into commercial operation in a few weeks, joins a 1-megawatt battery installed last fall at the company's Parkview Substation on Western Michigan University's Kalamazoo campus. Rochow said Consumers Energy is studying each battery's performance to determine how to best use and integrate the technology across the electric distribution grid.

Consumers Energy earlier announced it will construct a new Grand Rapids office building within Circuit West. Construction is expected to begin later this year.

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 www.ConsumersEnergy.com.

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 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/consumers-energy-dedicates-first-ever-solar-battery-storage-systems-on-grand-rapids-west-side-300782883.html

SOURCE Consumers Energy

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