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On the Record · DTE Energy

DTE Energy acquisitions, on the record

The businesses DTE Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
DT Midstream, Inc.
Word for word“DT Midstream, Inc., formerly DTE Energy's natural gas pipeline, storage, and gathering non-utility business comprising the Gas Storage and Pipelines segment and certain DTE Energy holding company activity in the Corporate and Other segment, which separated from DTE Energy and became an independent public company on July 1, 2021” 10-K for 2023
divestitureJuly 1, 2021—
Gas Storage and Pipelines segment
Word for word“Equity units DTE Energy's 2019 equity units issued in November 2019, which were used to finance the former Gas Storage and Pipelines segment acquisition on December 4, 2019” 10-K for 2023
acquisitionDecember 4, 2019—
renewable energy projects at DTE Sustainable Generation
Word for word“The Electric segment also includes non-utility operations relating to renewable energy projects at DTE Sustainable Generation, which were acquired to support DTE Energy's renewable energy goals.” 10-K for 2023
acquisition——
2017 acquisition in the Renewables business
Word for word“The net gain for 2023 was also partially offset by $7 million due to settlement of contingent consideration relating to a 2017 acquisition in the Renewables business, which resulted in a loss of $2 million in 2023 compared to a gain of $5 million recorded in 2022.” 10-K for 2024
acquisition2017—
123 MW cogeneration facility in Michigan from Osaka Gas USA Corporation
Word for word“Effective August 14, 2025, DTE Sustainable Generation closed on the purchase of a 123 MW cogeneration facility, located in Michigan, from Osaka Gas USA Corporation.” 10-K for 2025
acquisitionEffective August 14, 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$1.15 billion$268 million
2017-12-31$0$7 million
2018-12-31$0$0
2019-12-31$2.47 billion$171 million
2020-12-31$126 million$2 million
2021-12-31$0—
2022-12-31$0—
2023-12-31$0—
2024-12-31$0—
2025-12-31$210 million—

Deal filings since 2016

Read from DTE Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.