CMS Energy (CMS)
Michigan utility holding company; Consumers Energy serves electricity and gas across the Lower Peninsula. Cited about 9 GW of potential new load and one data center under a roughly 20-year agreement (Q2 2026).
- Ticker: CMS
- Sector: energy (utility)
CMS Energy (CMS) is a tracked supply-chain name in the data-center buildout in the energy sector. Data Center Index tracks CMS Energy's capex history, project wins, and supplier exposure across the AI infrastructure buildout, refreshed daily from SEC filings and project announcements.
CMS Energy revenue and capex
In fiscal 2025, CMS Energy reported revenue of $8.3B, capital spending of $3.8B and operating income of $1.7B.
| Fiscal year | Revenue | Capex | Operating income |
|---|---|---|---|
| 2025 | $8.3B | $3.8B | $1.7B |
| 2024 | $7.3B | $3.0B | $1.5B |
| 2023 | $7.3B | $2.4B | $1.2B |
Tracked CMS Energy data center projects
- Microsoft Gaines Township, Gaines Township, MI · announced