CMS Energy NorthStar Clean Energy — Variable lease income increased by 32.1% to $37.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.4%, from $31.00M to $37.00M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase signals strong performance of the underlying assets or favorable market conditions, whereas a decrease reflects lower asset utilization or market volatility.
Lease payments that vary based on an index or rate, such as performance-based payments tied to energy output or market p...
Similar to variable rent or contingent rental income in real estate and infrastructure sectors.
cms_segment_northstar_clean_energy_variable_lease_income| Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $35.00M | $44.00M | $53.00M | $57.00M | $22.00M | $16.00M | $19.00M | $16.00M | $13.00M | $15.00M | $31.00M | $23.00M | $28.00M | $37.00M |
| QoQ Change | — | +25.7% | +20.5% | +7.5% | -61.4% | -27.3% | +18.8% | -15.8% | -18.8% | +15.4% | +106.7% | -25.8% | +21.7% | +32.1% |
| YoY Change | — | — | — | +62.9% | -50.0% | -69.8% | -66.7% | -27.3% | -18.8% | -21.1% | +93.8% | +76.9% | +86.7% | +19.4% |