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Stock impact report

DTE Energy Receives Approval to Buy Isabella Wind Projects from Apex Clean Energy

DTE Energy Company (DTE) 
Last dte energy company earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.dteenergy.com
Company Research Source: Business Wire
385 MW Isabella Wind to Serve DTE’s Commercial and Industrial Customers CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Apex Clean Energy today announced that its proposed sale of the Isabella Wind I and II projects to DTE Energy, Michigan’s leading producer of renewable energy, has been conditionally* approved by the Michigan Public Service Commission (MPSC). The two projects, totaling 385 MW and located in mid-Michigan’s Isabella County, will be the largest clean energy projects in the state as well as the largest renewable energy projects in DTE’s portfolio when they begin commercial operations in 2020. Apex will start construction on the projects later this year, and DTE will assume ownership and operation upon substantial completion, which is slated for the fourth quarter of 2020.“The commitment and support of local residents and the leadership of Isabella County are the key drivers in making the Isabella Wind projects a reality,” said Mark Goodwin, Apex Clean Energy president and CEO. Show less Read more
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