CMS Energy closes sale of EnerBank USA to Regions Bank for ~$1B

CONSUMERS ENERGY CO

Sale of home improvement lender EnerBank to Regions Bank closed October 1, 2021.
Estimated proceeds of approximately $1 billion; funds earmarked for core utility initiatives.
EnerBank had been a CMS Energy subsidiary for nearly two decades.
Goldman Sachs served as financial advisor; Skadden Arps as legal advisor.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.