Consumers Energy

First of Its Kind Loan: Barclays’ Borrower Pays Less if Sustainability Targets Are Met

by Jennifer Hermes
Article

In a first in the US, a company has entered into a syndicated sustainability-linked revolving loan. CMS Energy and its subsidiary, Consumers Energy, have entered into $1.4 billion revolving credit facilities from Barclays, the sole Sustainability Structuring Agent on the loan. This means that CMS can reduce its interest rate on the new credit by meeting targets related to environmental responsibility, CMS says. Sustainability-linked loans are products that allow issuers to demonstrate their commitment to sustainability, according to Barclays.

Consumers Energy Proposes Long-Term Plan, Cleaner Energy Future for Michigan

Plan includes retirement of coal plants; more renewable energy, energy efficiency
Summary: 

Fast Facts

  • Karn 1 and 2 would be retired in 2023
  • 37 percent renewable energy by 2030
  • 43 percent renewable energy by 2040
  • Significant investments in solar and increased use of energy efficiency and customer demand management programs

LEARN MORE: See more information about Consumers Energy's Integrated Resource Plan at www.ConsumersEnergy.com.

Press Release

Fast Facts

  • Karn 1 and 2 would be retired in 2023
  • 37 percent renewable energy by 2030
  • 43 percent renewable energy by 2040
  • Significant investments in solar and increased use of energy efficiency and customer demand management programs

LEARN MORE: See more information about Consumers Energy's Integrated Resource Plan at www.ConsumersEnergy.com.

CMS Energy Becomes First U.S. Company to Enter Sustainability-Linked Loan

Press Release

JACKSON, Mich., June 7, 2018 /3BL Media/ – CMS Energy and its primary subsidiary, Consumers Energy (collectively “CMS”), announced they have entered the first syndicated sustainability-linked revolving credit facilities for a U.S. borrower.

The aggregate $1.4 billion of new credit facilities allow CMS to reduce its interest rate by meeting targets related to environmental sustainability, specifically renewable energy generation.   

Consumers Energy, Grand Rapids Public Schools Announce Finalists for Sixth Annual Student Art Competition

Overall Winner, People's Choice to be announced during ArtPrize 10 this fall
Press Release

GRAND RAPIDS, Mich., May 31, 2018 /3BL Media/ – Organizers have announced the 10 finalists out of nearly 50 entries from Grand Rapids Public Schools student artists who will have their energy-related art work highlighted during this fall’s ArtPrize competition through collaboration with the school district and Consumers Energy.

VIDEO | Ottawa County Plant Home to 3 New Peregrine Chicks

Article

PORT SHELDON TOWNSHIP, Mich. (WOOD) — Two people scaled the stacks of an Ottawa County power plant Friday, in hopes of helping an endangered species rebound in Michigan.

Representatives from the Michigan Department of Natural Resources and Consumers Energy climbed the JH Campbell Generating Complex in West Olive to band three peregrine falcon chicks.

To watch the video, and read the full story, visit WoodTV.com.

DTE Energy and Consumers Energy Accelerate Plans for Cleaner Energy in Michigan

Press Release

DETROIT, MI, May 18, 2018 /3BL Media/ -- Consumers Energy and DTE Energy today said they are accelerating plans to produce cleaner energy in Michigan, targeting at least a 50 percent Clean Energy Goal by 2030– achieved through a combination of investments in at least 25 percent renewable energy, and the remaining through energy efficiency.

CEO Patti Poppe Discusses Consumers Energy's Commitment to People, Planet and Prosperity

Multimedia with summary

In this brief video, Consumers Energy CEO Patti Poppe discusses the company's commitment to its triple bottom line of people, planet and prosperity.

To learn more about the company's Sustainability and Corporate Social Responsibility initiatives, read Consumers Energy's 2018 Sustainability Report.

capABLE, an Employee Resource Group at Consumers Energy

Multimedia with summary

capABLE, an employee resource group at Consumers Energy, aims to remove barriers, open minds, and create pathways to meaningful work for current and future employees of all abilities.

Consumers Energy Releases 2018 Sustainability Report

Report provides a snapshot of the energy provider’s commitment to the triple bottom line of people, planet and prosperity
Article

Consumers Energy has released its 2018 Sustainability Report, an annual snapshot of the energy provider’s commitment to the triple bottom line of people, planet and prosperity.

RoboZone TV | Consumers Energy CEO Patti Poppe on FIRST Championship Detroit

Multimedia with summary

RoboZone TV interviews Consumers Energy President and CEO, Patti Poppe, on the excitement and importance of FIRST Robotics.  

Watch the interview here.

Pages

Subscribe to Consumers Energy