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DTE Energy logoDTE Energy DTE

The company said the DTE Energy board approved on March 16, 2026 the execution of a Primary Supply Agreement (PSA) and a Clean Capacity Accelerator Agreement (CCAA) between its wholly owned subsidiary DTE Electric and Google LLC, a wholly owned subsidiary of Alphabet Inc.

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

Key points

AI summary
  1. The company said the DTE Energy board approved on March 16, 2026 the execution of a Primary Supply Agreement (PSA) and a Clean Capacity Accelerator Agreement (CCAA) between its wholly owned subsidiary DTE Electric and Google LLC, a wholly owned subsidiary of Alphabet Inc.

  2. DTE Energy said that under the PSA, DTE Electric will supply electricity at its standard industrial rate to Google's future 1.0 gigawatt data center in southeast Michigan, and the term runs through December 2047, with options to extend.

  3. The company said that under the CCAA, DTE Electric will, at Google's cost, deploy up to 480 megawatts of energy storage capacity and 1,600 megawatts of renewable generation, and will operate them over a 20-year contract term.

  4. The company said the PSA sets minimum monthly charges and termination fees, if applicable, for early termination, while the CCAA requires Google to provide Zonal Resource Credits of approximately 300 megawatts in MISO Zone 7 at no cost to DTE Electric, and Google's parent is providing credit support.

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.

Approval of Primary Supply Agreement and Clean Capacity Accelerator Agreement

The company said the DTE Energy board approved on March 16, 2026 the execution of a Primary Supply Agreement (PSA) and a Clean Capacity Accelerator Agreement (CCAA) between its wholly owned subsidiary DTE Electric and Google LLC, a wholly owned subsidiary of Alphabet Inc.

Source · Based on the filing body and exhibits

PSA: Power supply for 1.0 gigawatt data center and term through December 2047

DTE Energy said that under the PSA, DTE Electric will supply electricity at its standard industrial rate to Google's future 1.0 gigawatt data center in southeast Michigan, and the term runs through December 2047, with options to extend.

Source · Based on the filing body and exhibits

CCAA: 480 megawatts of energy storage and 1,600 megawatts of renewable generation to be built

The company said that under the CCAA, DTE Electric will, at Google's cost, deploy up to 480 megawatts of energy storage capacity and 1,600 megawatts of renewable generation, and will operate them over a 20-year contract term.

Source · Based on the filing body and exhibits

Minimum monthly charges, termination fees, and Zonal Resource Credits and credit support

The company said the PSA sets minimum monthly charges and termination fees, if applicable, for early termination, while the CCAA requires Google to provide Zonal Resource Credits of approximately 300 megawatts in MISO Zone 7 at no cost to DTE Electric, and Google's parent is providing credit support.

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.