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Gerardo Norcia

Executive Chairman, DTE Energy

Search every verified Gerardo Norcia interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. During DTE Energy’s Q4 2024 earnings call on February 6, 2025, Gerardo Norcia, executive chairman and CEO, discussed the company’s updated five-year capital plan, which includes $30 billion in investments, a $5 billion increase from the prior plan. He attributed the increase primarily to investments needed to improve reliability and transition to cleaner generation, and noted the potential for additional investment from data center opportunities. Norcia stated that the company has signed a non-binding preliminary agreement with a third party, bringing the total of three announced agreements to approximately 2,100 MW of potential new load, and said discussions for further opportunities are ongoing. Norcia expressed confidence in the company’s 2025 outlook, stating that DTE Energy expects to “at least hit the higher end of guidance.” He added that the company is already deep into 2026 planning. On the topic of potential tariffs for data centers, Norcia said discussions are underway and that the company would determine whether to file a new tariff as it learns more about the load ramp, incorporating best practices from other regions.

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