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DTE Energy announces strategic sale of its non-utility DTE Vantage business; reports third quarter accomplishments including advancing data center growth that delivers unprecedented customer affordability benefits and filing long-term generation plan

DTE Energy agreed to sell its non-utility DTE Vantage business for about $3 billion to institutional investors advised by the Global Infrastructure group at J.P. Morgan Asset Management, with closing expected in the first half of 2027. The company will focus on its regulated electric and gas utilities, planning about $44 billion of customer-focused capital over the next five years, and has invested nearly $4.1 billion in them through the third quarter of 2026, remaining on track to invest $6.1 billion this year. Third-quarter earnings were $470 million, or $2.25 per diluted share, versus $419 million, or $2.01, a year earlier. On data centers, the Michigan Public Service Commission approved DTE's Google energy contracts, and DTE is moving forward to serve two hyperscale data center customers in Michigan. DTE Electric also filed a 20-year Integrated Resource Plan calling for a mix of renewable energy, energy storage and nuclear.

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