Fundz

DTE Electric Company Secures $600 Million Through Securitization Bonds

PRIVATENov 05, 2026

Amount Raised

$600 Million

Round Type

Funding Round

EnergyOil And GasRenewable Energy

Investors

Citigroup Global Markets Inc.

Description

DTE Electric Company, in collaboration with DTE Electric Securitization Funding III LLC, has finalized an Underwriting Agreement for the sale of Senior Secured Securitization Bonds worth $600,461,000. This issuance is part of their strategy to enhance financial stability and support future investments. The bonds will be dated November 12, 2026, and are aimed at facilitating the company's operations and growth.

Quick answer

DTE Electric Company raised $600 Million in a Funding Round round, dated November 5, 2026. Investors: Citigroup Global Markets Inc.

How much did DTE Electric Company raise?
DTE Electric Company raised $600 Million in a Funding Round round on November 5, 2026.
Who invested in DTE Electric Company?
Citigroup Global Markets Inc. is named as investors in this round.
What does DTE Electric Company do?
DTE Electric Company is a utility provider that supplies electric services to customers.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as DTE Electric Company that raised within 45 days of this round, from Fundz verified event records.

  • Exus Renewables raised $345M (Debt Financing) on November 12, 2026.
  • FluxPoint Energy raised an undisclosed amount (Seed) on November 10, 2026.
  • CVR Energy raised $490M (Post-IPO Equity) on November 5, 2026.
  • Concentric Energy Advisors raised an undisclosed amount on November 4, 2026.
  • OGE Energy raised $750M (Post-IPO Equity) on October 28, 2026.
  • Emvolon and Montauk Renewables raised $22M (Series A) on October 27, 2026.

Who to call at DTE Electric Company, and when

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Company Information

Company

DTE Electric Company

About

DTE Electric Company is a utility provider that supplies electric services to customers. It is part of DTE Energy, a diversified energy company. The company focuses on providing reliable energy solutions while promoting sustainable practices. DTE Electric is based in Michigan and serves a large customer base across the state.

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DTE Electric Company raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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