2021 Financial Performance - CMS Energy reported adjusted EPS of $2.65, reaching the high end of its guidance[23,32,38] - The company generated $1,843 million in adjusted operating cash flow, exceeding the plan by over $80 million[11,23,44] - CMS Energy achieved 7% adjusted EPS growth[7,34] 2022 Outlook and Long-Term Growth - CMS Energy provided adjusted EPS guidance for 2022 in the range of $2.85 to $2.89[24,63,77] - The company projects long-term adjusted EPS growth of +6% to +8%[25,78] - CMS Energy is committed to dividend per share growth of +6% to +8%[25,82] Investment and Capital Plan - CMS Energy's 5-year capital plan is $14.3 billion, reflecting an increase of over $1 billion[25,28] - Approximately 40% of the capital plan is allocated to Clean Energy Transformation[28] - The company plans utility investment of $2.6 billion in 2022[90] Clean Energy Transition - CMS Energy filed a Transformational Clean Energy Plan (IRP) aiming for ~60% carbon emissions reduction by 2025[6] - The company has approved 1,000 MW of solar in its Voluntary Green Pricing (VGP) programs[16]
CMS Energy(CMS) - 2022 Q4 - Earnings Call Presentation