Overview
Description
CMS Energy Corporation is a diversified energy holding company primarily engaged in regulated utility operations through its principal subsidiary, Consumers Energy. As Michigan's largest electric and natural gas utility, Consumers Energy serves 6.8 million of the state's 10 million residents, providing essential energy services across 68 counties in Michigan's Lower Peninsula. The company's portfolio includes electricity generation, natural gas distribution, and one of the largest underground natural gas storage capacities in the United States, ensuring reliable supply during peak demand periods.
Alongside its core regulated utility business, CMS Energy operates in independent power generation and energy marketing through its non-utility subsidiaries, focusing on domestic markets. The company has a strong commitment to sustainability, with strategic plans to phase out coal, double renewable energy capacity by 2025, and achieve a 61% renewable energy mix by 2040.
CMS Energy plays a vital role in supporting Michigan's energy infrastructure, economic growth, and environmental goals, making it a significant player in the regional utility sector.
About
CEO
Mr. Garrick J. Rochow
Employees
8324
Address
One Energy Plaza
Jackson, 49201, MI
United States
Jackson, 49201, MI
United States
Phone
517 788 0550
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
United States
MIC code
XNYS