SOURCE: Industrial Info Resources

March 02, 2009 06:30 ET

CMS Energy Posts $61 Million Fourth-Quarter Profit and Plans $6.3 Billion in Capital Investments Over Five Years, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 2, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- CMS Energy Corporation (NYSE:CMS) (Jackson, Michigan) has reported a fourth-quarter 2008 profit of $61 million, compared with a $127 million loss in the same period of 2007. The loss in 2007 was the result of charges related to the sale of the company's international assets, as well as from the restructuring of some electric supply agreements. As part of our International Industrial Database, Industrial Info is tracking 32 active CMS Energy projects worth $3.29 billion. The projects range from $1.5 million maintenance outages to a $2.3 billion coal-fired unit addition.

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