CMS Energy NorthStar Clean Energy — Assets under finance leases increased by 22.2% to $55.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 22.2%, from $45.00M to $55.00M.
Higher values indicate a strategy of leasing rather than purchasing assets, which impacts the segment's leverage profile.
The value of assets that the segment uses through finance lease agreements, where the segment effectively assumes the ri...
Common in energy sectors where infrastructure is often leased to manage capital expenditure.
cms_segment_northstar_clean_energy_assets_under_finance_leases| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $0.00 | $24.00M | $24.00M | $45.00M | $55.00M |
| QoQ Change | — | — | +0.0% | +87.5% | +22.2% |
| YoY Change | — | — | +0.0% | +87.5% | +22.2% |