Sign Out

February 2022 Issuance

In 2022, DTE Electric completed its fourth green bond issuance of $400 million (2022 Series B 3.65% General and Refunding Bonds due 2052).

Below you can see the specific Eligible Green Projects to which DTE Electric has allocated the proceeds ($394 million) from the company’s green bond issuance, the environmental benefits of those projects and Management’s Assertion and Independent Accountant’s Attestation Report.

  • Amount Allocated: $11 million
  • In Service: June 2021
  • Location: Isabella, Michigan
  • Capacity: 383 MW
  • In 2021, the project generated 456,418 megawatt hours annually (MWh) and offset 323,455 metric tons of CO2.*
  • In 2021, the project generated enough electricity to power the equivalent of approximately 58,515 average U.S. homes for one year. **

*Per the EPA Environmental Impacts Calculator
**Based on the average home in DTE Energy’s territory using 650 kWhs per month

  • Amount Allocated: $280 million
  • In Service: Expected Q1 2023
  • Location: Midland & Saginaw Counties, Michigan
  • Capacity: approximately 225 MW
  • We estimate the project will generate 611,635 megawatt hours annually (MWh) and offset 433,455 metric tons of CO2.*
  • We estimate the project will generate enough electricity to power the equivalent of approximately 78,415 average U.S. homes for one year. **

*Per the EPA Environmental Impacts Calculator
**Based on the average home in DTE Energy’s territory using 650 kWhs per month

  • Amount Allocated: $103 million
  • Location: Various, Michigan
  • Resource: 10 utility-scale projects
  • In 2021, the project generated 1,421,516 megawatt hours (MWh) and offset 1,007,403 metric tons of CO2.*
  • In 2021, the project generated enough electricity to power the equivalent of approximately 182,246 average U.S. homes for one year.**

*Per the EPA Environmental Impacts Calculator
**Based on the average home in DTE Energy’s territory using 650 kWhs per month