CapEx

Name: CMS Energy CapEx by Business Segments
Creator: OpenCapital
License: https://www.opencapital.sh/terms

CMS Energy·Business Segments·3 segments·Rolls up to Property, plant, and equipment additions

Breakdown

Segment	FY'22	FY'23	FY'24	FY'25
Electric Utility	—	$2.08B	$1.87B	$2.41B
Gas Utility	—	$1.04B	$1.14B	$1.06B
NorthStar Clean Energy	$113M	$156M	$288M	$498M
Total	$2.39B	$3.28B	—	—

All segment values are derived from annual filings.

Electric UtilityView metric

NorthStar Clean EnergyView metric