CMS Energy : June Investor Meetings (View Presentation)
CMS
Published on 06/23/2025 at 16:48
Investor Meetings June 2025
This presentation is made as of the date hereof and contains "forward-looking statements" as defined in Rule 3b-6 of the Securities Exchange Act of 1934, Rule 175 of the Securities Act of 1933, and relevant legal decisions. The forward-looking statements are subject to risks and uncertainties. All forward-looking statements should be considered in the context of the risk and other factors detailed from time to time in CMS Energy's and Consumers Energy's Securities and Exchange Commission filings. Forward-looking statements should be read in conjunction with "FORWARD-LOOKING STATEMENTS AND INFORMATION" and "RISK FACTORS" sections of CMS Energy's and Consumers Energy's most recent Form 10-K and as updated in reports CMS Energy and Consumers Energy file with the Securities and Exchange Commission. CMS Energy's and Consumers Energy's "FORWARD-LOOKING STATEMENTS AND INFORMATION" and "RISK FACTORS" sections are incorporated herein by reference and discuss important factors that could cause CMS Energy's and Consumers Energy's results to differ materially from those anticipated in such statements. CMS Energy and Consumers Energy undertake no obligation to update any of the information presented herein to reflect facts, events or circumstances after the date hereof.
The presentation also includes non-GAAP measures when describing CMS Energy's results of operations and financial performance. A reconciliation of each of these measures to the most directly comparable GAAP measure is included in the appendix and posted on our website at https://www.cmsenergy.com.
Investors and others should note that CMS Energy routinely posts important information on its website and considers the Investor Relations section, https://www.cmsenergy.com/investor-relations, a channel of distribution.
Presentation endnotes are included after the appendix.
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2024 Financial Statistics
Based in Jackson, MI
>8,300
$7.5B
$998M
22 years
6% to 8%
~60%c
Employees (44% unionized)a
Revenue
Adjusted net incomeb
Industry-leading financial performance
Long-term adj. EPSbgrowth
Payout ratio over time
Key Information
Corporate Structure
CMS Energy
(NYSE: CMS)
Consumers Energy
NorthStar
Clean Energy
>95% regulated
utility earnings
Electric
2024
Avg. Rate Base
$15.9B
Gas
$10.0B
Leadership Teamd
Rejji Hayes
EVP & Chief Financial Officer
Garrick Rochow President & Chief Executive Officer
Tonya Berry
EVP & Chief Operating Officer
Shaun Johnson
EVP & Chief Legal & Admin Officer
Brandon Hofmeister
SVP Sustainability & External Affairs
Lauren Snyder
SVP & Chief Customer & Growth Officer
Presentation endnotes are included after the appendix. 3
Service Territory
Electric Utility
1.9M electric customers 9,853 MW of capacity
Gas Utility
1.8M gas customers 309 Bcf gas storage
Serving 6.8M Michigan residents
Planet Goalsa
Plan to exit coal in 2025
Net zero methane emissions by 2030
60% renewable energy by 2035
100% clean energy by 2040
Net zero GHG emissions by 2050
Interim goal of 25% by 2035
>1,300
MW
cumulative contracted load since 2015b
Presentation endnotes are included after the appendix.
4
Renewable Platform
318 MW of wind (OH, TX)
64 MW of biomass (MI, NC)
195 MW of solar (AR, MI)
Dearborn Industrial Generation (DIG) & Other
>1,000 MW in MI (including DIG & Peakers)
Upside: tightening capacity markets with future retirements
Presentation endnotes are included after the appendix.
5
Disclaimer
CMS Energy Corporation published this content on June 23, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 23, 2025 at 20:47 UTC.