CMS Energy Corp - Company Profile
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Business Description
CMS Energy Corp (CMS Energy) is an integrated energy utility, which generates electricity, and transmits and distributes electricity and natural gas to residential, commercial and industrial customers. The company also provides banking services.
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Business Segments
Overview
Generates and purchases electricity, and transmits, distributes, and sells it to residential, commercial and industrial customers. Produces power using coal, oil and gas, hydro, wind, and solar sources. Through long and short-term power purchase agreements, it sources electricity. In FY2025, the segment incurred a capital expenditure of US$2,408 million, which grew 27.1% YoY.
Performance
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Overview
Purchases, transmits, stores, distributes and sells natural gas. It serves residential, commercial, and industrial customers. Procures natural gas from Canadian producers and gas customer choice (GCC) suppliers. Under firm gas transportation contracts with Panhandle Eastern Pipe Line Company and Trunkline Gas Company LLC, it purchases and transports gas to Michigan. In FY2025, the segment incurred a capital expenditure of US$1,064 million, which decline 6.7% YoY.
Performance
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Overview
Carries out power production, including the development and operation of renewable generation facilities. Also market power. Has ownership interests in natural gas, wind, solar and wood waste facilities.
Performance
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