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CMS Energy

Energy company serving Michigan.

One Energy Plaza
Jackson, MI 49201
Employees: 7,898
CEO: David Joos
Stock Symbol: CMS

Website: http://www.cmsenergy.com

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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