DTE Vantage

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DTE to sell non-utility Vantage business to fund grid and data center buildout

Being sold for about $3 billion; EES Coke Battery not included

DTE Energy agreed on Nov. 5 to sell its non-utility Vantage business for about $3 billion to institutional investors advised by J.P. Morgan Asset Management. The deal, which DTE says will help fund a $44 billion five-year utility investment plan, does not include the EES Coke Battery on Zug Island, a facility where DTE is appealing a $100 million air pollution fine, BridgeDetroit reported.

Updated 5 days ago