CMS Energy launches $3B at-the-market equity offering program

CMS ENERGY CORP

Filed prospectus supplement for at-the-market offering of up to $3B of common stock.
Equity distribution agreement with 17 banks as forward purchasers and agents.
Sales may occur through NYSE, block trades, or privately at prevailing market prices.
CMS Energy has no obligation to sell any shares; actual sales depend on market conditions.
Shares offered via forward sale agreements; proceeds received upon physical settlement.

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