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Stock impact report

MPSC won't reconsider DTE agreement to power massive data center [USA TODAY]

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: USA TODAY
groups opposed to the facility's construction lacked standing to challenge the previously approved agreement between DTE Energy and the data center's developer. The Michigan Public Service Commission voted 3-0 on March 27 to deny requests from Attorney General Dana Nessel's office and other groups to reconsider DTE's agreement to provide an initial 1.4 gigawatts of energy for the data center campus. Developers Oracle and Related Digital are behind the project , which aims to power OpenAI's "Stargate" initiative for generative artificial intelligence development. The MPSC approved agreements between DTE and the developers in December over objections from Nessel's office, environmental advocacy groups and local residents. In January, Nessel's office filed a petition for rehearing, which commissioners denied during their March 27 meeting, which was livestreamed. The order denying the petition states the groups lacked standing to intervene in the case. Nessel's office didn't return Show less Read more
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