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Consumers Energy Company

Company Summary

Description

Consumers Energy is one of the nation's largest combination utilities, providing electric and natural gas service to nearly 6.6 million of Michigan's 10 million residents, in all 68 Lower Peninsula counties. Our Growing Forward strategy calls for investing more than $6 billion in Michigan over the next five years. That includes significant investments in energy efficiency, renewable energy, environmental and customer service enhancements, and new power generation. The investments make Consumers Energy one of the largest investors in Michigan and will help the utility maintain and improve service to customers, create jobs, boost the state’s economy and expand the state’s tax base.

Website

https://www.consumersenergy.com/content.aspx?ID=12...

Related Entities

Recent news

  • 1/3/2024 - Consumers Energy... (subscriber access)
  • 6/2/2023 - Consumers Energy Takes... (subscriber access)
  • 1/20/2023 - Consumers Energy Gains... (subscriber access)
  • 1/10/2023 - Consumers Energy... (subscriber access)
  • 12/9/2022 - Consumers Energy Donates... (subscriber access)

Company Transactions

Date: 4/15/2025
Type: Acquisition

BUYERS:
  • Consumers Energy Company
    • SELLERS:
  • CMS Energy Corp
  • CMS Generation MI Power LLC
  • Dearborn Industrial Gen Inc
    • ASSETS:
  • Dearborn Industrial Generation
  • Kalamazoo River Generating Station
  • Livingston Generating Station
    • DETAILS:

    COST: 515 $MM

    VOLUMES: 1001 MW

    NOTES:
    Consumers Energy (CMS Energy) signed a purchase and sale agreement with Dearborn Industrial Generation, CMS Generation Michigan Power, and CMS Energy Resource Management Company to acquire a trio of Michigan gas-fired plants for $515 million.
    REGIONS:
  • Midwest

    • Date: 6/30/2023
    Type: Acquisition

    BUYERS:
  • Consumers Energy Company
  • CMS Energy Corp
    • SELLERS:
  • New Covert Generating Company LLC
    • ASSETS:
  • New Covert Generating Facility
    • DETAILS:

    COST: 810 $MM

    VOLUMES: 1176 MW

    NOTES:
    Consumers Energy (CMS Energy) signed a deal with New Covert Generating Company to acquire their self-named gas plant for $810 million. The New Covert Generating Facility can produce 1,176 MW in power and is located in Van Buren County, Michigan. Closing is targeted for the second quarter of 2023.
    REGIONS:
  • Midwest