DTE to sell non-utility business to fund grid upgrades, data center growth
DTE Energy plans to sell its non-utility business, DTE Vantage, to allocate funds towards significant grid upgrades and the expansion of its data centers. This strategic move comes despite the company facing a $100 million fine for air pollution related to the EES Coke Battery on Zug Island, which remains unsold. The sale underscores DTE's commitment to modernizing its infrastructure and investing in greener data centers, signaling a shift towards more sustainable energy practices while addressing regulatory and financial challenges. This decision could set a precedent for other utilities balancing environmental compliance with technological advancements.
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