- DTE Energy (NYSE:DTE +1%) unveils plans to build natural gas turbine plants worth $1B-$1.5B to replace part of the capacity from coal-fired plants it intends to retire by 2023.
- DTE says the plants will provide ~1K MW of energy, enough to power 850K homes, with one of the projects planned to be located on existing DTE property adjacent to the Belle River power plant in China Township, Mich.
- In June, DTE announced plans to close three of its five coal-fired plants in Michigan by 2023.
DTE Energy to build up to $1.5B worth of new gas turbine plants
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| Symbol | Last Price | % Chg |
|---|---|---|
| DTE | - | - |
| DTE Energy Company | ||