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Stock impact report

Data center group submits plans for facility in Gibraltar, city says [CBS News]

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: CBS News
Officials in a Facebook post on Wednesday said Raeden wants to put an inference data center at 27800 W. Jefferson Ave. The site is less than a mile from the Humbug Marsh Unit National Wildlife Refuge. The California-based company "delivers data center, power, and connectivity solutions," according to its website. According to the city, which cited Raeden, the facility would use around 200 to 500 gallons of water per day for a "closed-loop cooling system" and would require 100 megawatts of power from DTE Energy. Officials said they've spoken with the utility company, which confirmed to them that it has the capacity to handle the projected demand. The Gibraltar Planning Commission is expected to review the company's plan to make sure it's compliant with the city's zoning ordinance. "The Commission is not reviewing the data center as a land use because it is considered a 'use by right,' meaning the property's zoning already permits a data center at this location," city officials Show less Read more
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