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DTE Energy logoDTE Energy DTE

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.

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. 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.

  2. 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.

  3. 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.

  4. 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-written

Analysis 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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.