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CMS Energy Stock Price

58.48 +0.23 +0.4% Volume: 2,283,150 04.18.24 04:00 ET

CMS Energy Stock Price

18Apr2024 04:00 ET 58.48 +0.23 +0.4% Volume: 2,283,150

Media Contacts

KATIE
CAREY
Director of External Relations
517-788-2395
katelyn.carey@cmsenergy.com
BRIAN
WHEELER
Media Relations Manager
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, State of Michigan Agree to Power Over 1,200 Public Buildings with 100% Clean Energy

Aug 11, 2022

JACKSON, Mich., Aug. 11, 2022 /PRNewswire/ -- Consumers Energy and the State of Michigan today announced a pledge to power 1,274 publicly owned government buildings exclusively with clean energy, a visible commitment by the state's government and its largest energy provider to protect the planet.

"Consumers Energy and the State of Michigan are working together to power Michigan's clean energy transformation," said Garrick Rochow, Consumers Energy's president and CEO. "This commitment will accelerate our already industry-leading Clean Energy Plan to develop carbon-free energy sources here in Michigan."

"As governor, I am proud that the State of Michigan is leading by example to reduce greenhouse gases, protect the planet, and lower energy costs," said Gov. Gretchen Whitmer. "Today, we are proud to announce that Consumers Energy is joining BWL and DTE in an agreement with the State of Michigan to power state buildings with clean energy. This is a critical step that will help us reach the goal I proposed in 2020 to have all state buildings run on 100% clean, renewable energy by 2025. Let's keep working together to fight climate change with common-sense steps that will lower taxpayer energy costs and ensure that state operations have the energy they need to succeed."

The State of Michigan has made a 20-year agreement with Consumers Energy to use clean energy at state government buildings for all departments throughout the Lower Peninsula.

This commitment supports roughly 68 megawatts of emission-free renewable energy in Michigan, which is equivalent to greenhouse gas emissions produced by over 20,000 cars, according to U.S. Environmental Protection Agency calculations.

Consumers Energy is working to protect the planet, with a Clean Energy Plan to close all of its coal-fired plants by 2025 and become carbon neutral by 2040. The state government's new commitment builds on the energy provider's plans, and Consumers Energy will meet the state's pledge by adding new solar power plants in Michigan over the next three to four years.

Earlier this year, General Motors agreed to power three Michigan plants with 100% green energy supplied by Consumers Energy.

"Consumers Energy is able to deliver reliable and affordable energy while protecting the planet. This partnership will further support Michigan being a leader in clean energy," Rochow said.

Consumers Energy's Renewable Energy Program provides businesses a flexible, turnkey solution to use solar and wind energy to achieve their sustainability goals and protect the planet for future generations. Their enrollment not only advances greening Michigan's grid, but also supports Michigan jobs created through building and operating renewable energy projects. Join the movement by contacting us at GreenPower@cmsenergy.com.

Consumers Energy, Michigan's largest energy provider, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and/or electricity to 6.8 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.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy
Instagram: https://www.instagram.com/consumersenergy

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/consumers-energy-state-of-michigan-agree-to-power-over-1-200-public-buildings-with-100-clean-energy-301603781.html

SOURCE Consumers Energy

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