DTE Energy entering 'major investment cycle' of $950 mil annually over 5 years

摘要

DTE Energy is entering a "major investment cycle" that is expected to grow the rate base of its Detroit Edison subsidiary by about $2 billion and annual utility earnings by 5% to 6% over the next five years. DTE President and CEO Gerard Anderson, in discussing his company's investment plans November 6 at the Edison Electric Institute Financial Conference in Lake Buena Vista, Florida, said DTE intends to invest $850 million to $950 million annually over the period in Detroit Ed, the largest electric utility in Michigan.