Consumers Energy grid modernization — solar, wind, battery storage, and virtual power plants across Michigan
DOE LPO conditional commitment for energy infrastructure upgrade. Includes solar, wind, battery storage, and virtual power plants. Part of Biden-era utility EIR loan wave.
$5.23B
Deal Value
2,000MW
Capacity
Solar + Storage
Technology
MI
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Consumers Energy
- Buyer / Financier
- US Department of Energy
- Deal Value
- $5.23B
- Stage
- Development
- ISO/RTO
- MISO
- Source
- US Department of Energy
Capital Structure
$5.23B
Total transaction value
Tranches
- Loan Guarantee (Title 17 EIR Program) · U.S. DOE Loan Programs Office
- $5.23B
Finance Counterparties
Lenders & Capital Providers
- Project Debt
- US Department of Energy
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Leadership at the Counterparties
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