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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________________
FORM 8-K
_____________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 28, 2025
Commission File Number: 1-11607
DTE Energy Company
| | | | | | | | |
| Michigan | | 38-3217752 |
| (State or other jurisdiction of incorporation or organization) | | (I.R.S Employer Identification No.) |
Commission File Number: 1-2198
DTE Electric Company
| | | | | | | | |
| Michigan | | 38-0478650 |
| (State or other jurisdiction of incorporation or organization) | | (I.R.S Employer Identification No.) |
Registrants address of principal executive offices: One Energy Plaza, Detroit, Michigan 48226-1221
Registrants telephone number, including area code: (313) 235-4000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of Each Class | | Trading Symbol(s) | | Name of Exchange on which Registered |
| Common stock, without par value | | DTE | | New York Stock Exchange |
| | | | |
| 2017 Series E 5.25% Junior Subordinated Debentures due 2077 | | DTW | | New York Stock Exchange |
| | | | |
| 2020 Series G 4.375% Junior Subordinated Debentures due 2080 | | DTB | | New York Stock Exchange |
| | | | |
| 2021 Series E 4.375% Junior Subordinated Debentures due 2081 | | DTG | | New York Stock Exchange |
| | | | |
| 2025 Series H 6.25% Junior Subordinated Debentures due 2085 | | DTK | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under Exchange Act (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01. Entry into a Material Definitive Agreement
On October 28, 2025, the Board of Directors of DTE Energy Company (“DTE Energy”) approved
execution of a Primary Supply Agreement (“PSA”) and an Energy Storage Agreement (“ESA”) between
DTE Energy’s wholly-owned subsidiary DTE Electric Company (“DTE Electric”) and Green Chile
Ventures LLC (“Customer”) a wholly owned subsidiary of Oracle Corporation.
Under the terms of the PSA, DTE Electric will provide approximately 1.4 gigawatts of electric service to
Customer’s future data center to be located in southeast Michigan (“Project”). The term of the PSA will
run through February 2045, with options to extend the term. The electric service will ramp over time,
expecting to achieve full delivery in December 2027. The PSA also establishes minimum monthly charges
and, if applicable, termination fees if the PSA terminates early.
Under the terms of the ESA, DTE Electric will, at Customer’s cost, build and operate approximately 1.4
gigawatts of energy storage capacity to support its electric service to the Project. DTE Electric will
operate each energy storage facility for a period of 15 years, with options to extend upon mutual
agreement of Customer and DTE Electric. Customer's parent is providing credit support to DTE Electric
for both the PSA and ESA.
The foregoing description of the PSA and the ESA does not purport to be complete and is qualified in its
entirety by reference to the full text of the PSA and the ESA, copies of which will be filed with DTE
Energy’s Annual Report on Form 10-K for the year ending December 31, 2025.
Forward-Looking Statements:
This Form 8-K contains forward-looking statements that are subject to various assumptions, risks and uncertainties. It should be read in conjunction with the "Forward-Looking Statements" section in DTE Energy's and DTE Electric Company's (DTE Electric) 2024 Form 10-K and 2025 Form 10-Qs (which section is incorporated by reference herein), and in conjunction with other SEC reports filed by DTE Energy and DTE Electric that discuss important factors that could cause DTE Energy's and DTE Electric's actual results to differ materially. DTE Energy and DTE Electric expressly disclaim any current intention to update any forward-looking statements contained in this report as a result of new information or future events or developments.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
| | | | | |
| Date: October 31, 2025 | |
| |
| DTE ENERGY COMPANY (Registrant) |
| |
| /s/David Ruud |
| David Ruud |
| Vice Chairman and Chief Financial Officer |
| | | | | |
| DTE ELECTRIC COMPANY (Registrant) |
| |
| /s/David Ruud |
| David Ruud |
| Vice Chairman and Chief Financial Officer |
