DTE Energy Boosts Capital Spending, Expands Midstream
DTE Energy Boosts Capital Spending, Expands Midstream
SUGAR LAND--October 27, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--DTE Energy Company (NYSE:DTE) (Detroit, Michigan), a diversified energy company that generates most of its power in Michigan, benefited from one of the warmest periods on record and an improving Michigan economy in third-quarter 2016. DTE also announced the purchase of $1.3 billion in midstream natural gas assets, which it says will allow the company to reach beyond its regular Midwest markets to the Gulf Coast and Mid-Atlantic, and open up the possibility of exports. Industrial Info is tracking $13.27 billion in active projects involving DTE.
Within this article: Details on DTE's latest acquisitions and its highest-valued projects, including several that are set to be completed before the end of the year.
Other companies featured: General Electric (NYSE:GE)
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