---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-121681"
form_type: "8-K"
ticker: "CMS-PB"
cik: "0000201533"
company_name: "CONSUMERS ENERGY CO"
filed_at: "2021-10-01T23:59:59+00:00"
generated_at: "2026-06-29T00:08:34.697283+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-21-121681
- form_type: 8-K
- ticker: CMS-PB
- cik: 0000201533
- company_name: CONSUMERS ENERGY CO
- filed_at: 2021-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/201533/000110465921121681/0001104659-21-121681-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/201533/000110465921121681/tm2128968d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-121681
- JSON: https://secwatch.observer/filing/0001104659-21-121681.json
- Plain text: https://secwatch.observer/filing/0001104659-21-121681.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.