CMS has been in the news 563% more than usual
Sep 16, 2024, 2:30 PM
0.11%
What does CMS do
CMS Energy, headquartered in Jackson, Michigan, provides electric and natural gas services through its Electric Utility, Gas Utility, and NorthStar Clean Energy segments, employing 8,356 people. Its gas system includes over 2,371 miles of transmission lines and 15 storage fields with a capacity of 309 billion cubic feet.
CMS has been in the news recently: CMS Energy has a low return on capital employed of 4.9% and has provided a total return of only 29% to shareholders over the past five years. In contrast, Woodchuck, a climate impact startup, is creating an AI-driven biomass processing facility in Grand Rapids to improve waste-to-energy solutions through partnerships with industry leaders.
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