AI English summary of an SEC filing — figures as filed
The company said the board of DTE Energy approved on October 28, 2025 the execution of a Primary Supply Agreement between DTE Electric and Green Chile Ventures LLC, a wholly owned subsidiary of Oracle Corporation, under which DTE Electric will provide about 1.4 gigawatts of electric service.
Key points
AI summaryThe company said the board of DTE Energy approved on October 28, 2025 the execution of a Primary Supply Agreement between DTE Electric and Green Chile Ventures LLC, a wholly owned subsidiary of Oracle Corporation, under which DTE Electric will provide about 1.4 gigawatts of electric service.
DTE Energy said the Primary Supply Agreement runs through February 2045 with options to extend, and that electric supply will ramp up over time, with full delivery expected in December 2027.
The company said that under the Energy Storage Agreement, DTE Electric will build and operate about 1.4 gigawatts of energy storage capacity at the customer's cost, and will operate each storage facility for 15 years, with options to extend by mutual agreement.
The company said the Primary Supply Agreement sets minimum monthly charges and, where applicable, termination fees if the agreement ends early, and that the customer's parent is providing credit support to DTE Electric for both the Primary Supply Agreement and the Energy Storage Agreement.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Primary Supply Agreement: about 1.4 gigawatts of power supply
The company said the board of DTE Energy approved on October 28, 2025 the execution of a Primary Supply Agreement between DTE Electric and Green Chile Ventures LLC, a wholly owned subsidiary of Oracle Corporation, under which DTE Electric will provide about 1.4 gigawatts of electric service.
Source · Based on the filing body and exhibits
Supply term through February 2045, full delivery expected in December 2027
DTE Energy said the Primary Supply Agreement runs through February 2045 with options to extend, and that electric supply will ramp up over time, with full delivery expected in December 2027.
Source · Based on the filing body and exhibits
Energy Storage Agreement: 1.4 gigawatts of storage built at customer's cost
The company said that under the Energy Storage Agreement, DTE Electric will build and operate about 1.4 gigawatts of energy storage capacity at the customer's cost, and will operate each storage facility for 15 years, with options to extend by mutual agreement.
Source · Based on the filing body and exhibits
DTE Electric PSA Sets Minimum Monthly Charges, Termination Fees and Parent Credit Support
The company said the Primary Supply Agreement sets minimum monthly charges and, where applicable, termination fees if the agreement ends early, and that the customer's parent is providing credit support to DTE Electric for both the Primary Supply Agreement and the Energy Storage Agreement.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…