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DTE Energy Agrees to Sell DTE Vantage for About $3 Billion

DTE Energy Agrees to Sell DTE Vantage for About $3 Billion

Photo: TokenPost

DTE Energy has agreed to sell its non-utility DTE Vantage business for about $3 billion to institutional investors advised by J.P. Morgan Asset Management, in a transaction the company says supports its utility strategy. DTE described the sale as advancing a strategy to direct resources toward its regulated electric and gas utilities. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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