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CMS Energy Stock Price

59.55 +0.07 +0.12% Volume: 4,705,568 06.21.24 04:00 ET

CMS Energy Stock Price

21Jun2024 04:00 ET 59.55 +0.07 +0.12% Volume: 4,705,568

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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Important Notes

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News Releases

Consumers Energy, Muskegon County Partner to Launch Muskegon Solar Energy Center

Mar 25, 2024

New facility will generate enough renewable energy to power 40,000 homes

JACKSON, Mich., March 25, 2024 /PRNewswire/ -- Consumers Energy and the Muskegon County Resource Recovery Center announced today their partnership to develop the company's first large-scale solar project, which will begin construction in April and be fully operational in 2026. The Muskegon Solar Energy Center will be a 250-megawatt facility capable of supplying clean, renewable electricity — enough to power approximately 40,000 homes — and is part of the build-up to Consumers Energy achieving its goal of bringing 8,000 megawatts of solar online by 2040

"Consumers Energy has some of the most aggressive clean energy goals in the nation, and projects like this are a critical part of achieving those goals," said David Hicks, Consumers Energy vice president of clean energy development. "Partnering with an organization like the Muskegon County Resource Recovery Center, with its long history of service to the county, combined with the benefits of solar energy and the revenues this agreement can provide, is truly a win-win for all parties."

The project will use approximately 1,900 acres of land within the Resource Recovery Center's footprint, in partnership with Moorland Township, presenting an opportunity for a unique collaboration between the three entities to continue providing clean water — and now, clean, renewable energy — for the local community.

The Resource Recovery Center is a one-of-a-kind facility that has reliably treated wastewater in the region for 50 years and includes a working farm that utilizes spray irrigation on crops as part of the treatment process.

"This solar farm fulfills the vision of the Muskegon County Commissioners," said Dave Johnson, director of the Resource Recovery Center. "It will benefit the users of the Muskegon County wastewater system as well as Moorland Township and the Ravenna School District. The solar project seems like a good fit ― it's something we're proud of and thankful for."

Consumers will own and operate the project while leasing the property beneath it, generating a significant source of ongoing revenue for the Resource Recovery Center, Moorland Township, and Muskegon County at large. For more information about the company's solar plans and how they benefit Michigan communities, click here.

Consumers Energy is Michigan's largest energy provider, providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties. Consumers Energy's Clean Energy Plan calls for eliminating coal as an energy source in 2025, achieving net-zero carbon emissions and meeting 90 percent of customers' energy needs through clean sources, including wind and solar.

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-muskegon-county-partner-to-launch-muskegon-solar-energy-center-302098354.html

SOURCE Consumers Energy

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