CONSUMERS ENERGY ANNOUNCES CROSS WINDS ENERGY PARK CONSTRUCTION START; TOP FOCUS ON SAFETY
Caro, Mich. Thursday, October 17, 2013
Consumers Energy has begun construction of its Cross Winds® Energy Park in Tuscola County as the company expands its supply of Michigan-based renewable energy for its 1.8 million customers.
“Consumers Energy and its contractors are committed to building Cross Winds Energy Park in the safest manner possible. Safety is our No. 1 priority. A key part of our commitment to safety is openly communicating about construction activity that residents may encounter,” said John Bulloch, project manager for Cross Winds Energy Park for Consumers Energy.
Akron and Columbia Township residents recently received a “safety alert” post card from Consumers Energy. The company urges motorists to be alert for construction traffic in these townships and throughout Tuscola County since many construction materials are coming from suppliers located in Michigan’s Thumb, southeastern Michigan and other parts of the state.
Following agreements with the Tuscola County Road Commission, the project includes necessary maintenance, repair and upgrades to several area roads needed for transporting wind turbine components and other construction related materials.
Barton Malow of Southfield, Mich. is the lead contractor for the Cross Winds facility, and will focus on construction of access drives and turbine foundations this fall.
About 150 construction jobs will be created during Cross Winds construction now and into 2014. The facility will include 62 wind turbines, with a capacity of 105 megawatts when it begins generating renewable energy for Consumers Energy customers in late 2014. Link to map of the Cross Winds Energy Park: http://www.crosswindsenergypark.com/Uploadedfiles/Lakewinds/CrossWinds%20Simple%20Map.pdf
Consumers Energy, Michigan’s largest utility, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.6 million of the state’s 10 million residents in all 68 Lower Peninsula counties.
CMS Energy provides historical financial results on both a reported (Generally Accepted Accounting Principles) and adjusted (non-GAAP) basis and provides forward-looking guidance on an adjusted basis. Management views adjusted earnings as a key measure of the company’s present operating financial performance, unaffected by discontinued operations, asset sales, impairments, regulatory items from prior years, or other items detailed in the attached summary financial statements. These items have the potential to impact, favorably or unfavorably, the company's reported earnings in future periods. Because the company is not able to estimate the impact of these matters, the company is not providing a reconciliation to the comparable future period reported earnings.
This news release contains “forward-looking statements” as defined in Rule 3b-6 of the Securities Exchange Act of 1934, Rule 175 of the Securities Act of 1933, and relevant legal decisions. The forward-looking statements are subject to risks and uncertainties. All forward-looking statements should be considered in the context of the risk and other factors detailed from time to time in CMS Energy’s and Consumers Energy’s Securities and Exchange Commission filings. Forward-looking statements should be read in conjunction with “FORWARD-LOOKING STATEMENTS AND INFORMATION” and “RISK FACTORS” sections of CMS Energy’s Form 10-K and Consumers Energy’s Form 10-K each for the year ended December 31, 2012 and as updated in CMS Energy’s and Consumers Energy’s Forms 10-Q.
CMS Energy’s and Consumers Energy’s “FORWARD-LOOKING STATEMENTS AND INFORMATION” and “RISK FACTORS” sections are incorporated herein by reference and discuss important factors that could cause CMS Energy’s and Consumers Energy’s results to differ materially from those anticipated in such statements.
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Media Contacts: Dan Bishop, 517/788-2395 or Brian Wheeler, 517/788-2394