Dive Summary:
- In addition to $6.5 billion in planned investments through 2017, Consumers Energy, the principal subsidiary of CMS Energy, plans to invest $750 million in the construction of a new natural gas power plant in Thetford, Michigan.
- The construction project is expected to create 600 jobs; once operational, the proposed plant will be composed of approximately 30 employees.
From the article:
"Consumers Energy, the principal subsidiary of CMS Energy, announced that it plans to build a major new natural gas-fired power plant in Genesee County. The company estimates it will invest about $750M in the project. The utility plans to develop a 700 megawatt power plant in Thetford Township, which is about 20 miles northeast of Flint. The project is expected to create about 600 construction jobs. The bulk of the construction jobs are expected to be filled by members of skilled trades unions. When completed, the proposed power plant also would create an estimated 30 operating jobs. Russell said the estimated $750M investment in the proposed plant would be in addition to the $6.5B that the company previously announced that it planned to invest in its utility operations through 2017."