CMS adds $1.2B to 5-year investment plan, raises 2023 EPS guidance

摘要

CMS Energy Corp. will boost its capital plan by $1.2 billion to$15.5 billion, crediting in part, Michigan’s regulatory environment.While some state regulators are pushing back against rateincrease requests in an effort to help defray the impact oncustomers of high interest rates and fuel costs, CMS slightlyraised adjusted 2023 EPS guidance to $3.06 to $3.12 from $3.05to $3.11 per share, and forecasts more than 7% annual rate basegrowth, company President and CEO Garrick Rochow said.