Energy company serving
One Energy Plaza
Jackson, MI 49201
CEO: David Joos
Stock Symbol: CMS
CMS is an energy company serving Michigan.
Its two principal subsidiaries are Consumers Energy and CMS Enterprises.
Consumers Energy is a public utility that
provides natural gas and electricity to more than 6.5 million
of Michigan's 10 million residents and serves customers in all
68 of the state's Lower Peninsula counties.
Consumers Energy provides electric service
to more than 1.7 million customers and serves 275 cities and
villages in 61 counties. Among the largest cities served are
Battle Creek, Bay City, Cadillac, Flint, Grand Rapids, Jackson,
Kalamazoo, Midland, Muskegon and Saginaw.
CMS Enterprises operates the non-utility
businesses of CMS Energy, and is recognized as a world-class
operator of independent power generating plants. It is
refocusing its business strategy to concentrate on its independent
power business in the United States.
In 2007, CMS reported revenues of $6.4
billion and net loss of $428 million. The loss comes from a charge
for restructuring some electric supply agreements and currency
translation account losses associated with the sale of international
assets. CMS Energy completed $1.5 billion in international asset
sales in 2007.
Updated March 13, 2008