morning, Thanks Barb. joining us everyone. Good today. Thanks for
And I So Norcia questions. it recap our you turn of long term our provide then over take bit will to quick and activities, Peter quarter. we'll you around financial take a our Jerry I give your then this investment review, and a then to will performance morning, some of through a will first in growth, the [ph]
So X. slide to I'm start going on
on we key make to good several continue progress fronts. So
First the results strong. for they start that materially by of we added that the year. of were to contingency the And quarter first balance all, have I'll our just financial saying
EPS for reminder, is guidance just target came deliver positioned X% XXXX as in and the year initial us commitments growth the in you. operating well I'm term financial to know, we've meet the for So XXXX, starting you our that, we're we and we our to a our that into to behind quarter able year confident X% plans And first our to continue growth. extend given point as added through contingency XXXX. with being with that quarter. to of streak And a to on Longer really this that
about for And period, in our I'm global of we been companies a So those consecutive to year. gotten decades. say in consistently a our business Gallup award row. that Great has just time And Workplace the culture. reaching this a ever that pleased and have received in long for our of Gallup's a time, financial company's is part month seven database goals big And seventh awards only workforce XX their other ago, over
So of focus really it mindset I'm accomplishment our and proud for a says our of lot that about the sort and people. people of
So continue we sheet. as to committed capital balance we heavily forward strong plan, to a we in next also look five the our and years remain invest to
next billion equity for $X.X call Peter $X to a this up year. talk minutes. that in plans us over billion with few to to issue that about million in will a more Our the three $XXX bit years of
the Service by generation than retiring adding Public by And do we'll years take the mix. of way electricity out think efficiency previously that, a in we last Michigan midst in plan the future. also transform our the outlined generate March laid IRP, Commission integrated I aware of the by had to our that the announced. on resource sooner State we more will fundamental in you cleaner we electricity. and our next coal in how month, is to submitted filed in thoughts was over which And we XX, substantially that beyond renewables, transformation investments most that of the we we are on will energy to a steps The generate line and five which increasing with an plants
that by our voluntarily two commitment carbon XXXX. the and XXXX, decade. we've has for years in years companies emissions commit reducing plan the So were in of evolved energy last one we XX% context, so Well, the accelerated ago, to two early first industry by to a over
XX% a And and emissions more carbon accelerating I'll main reduce by talk near-term, a will XXXX. one-third DTE carbon committed just a we to we've XXXX renewal. gas our utility, minute. gas by pace that out we're by the little Gas, XX% reduction of reduction lays our XXXX. about IRP our In emissions a in So IRP
additional So in XX to that'll next that'll have capital program main within reduces us And infrastructure investing $XXX mechanism, the happen to years. complete and the that XX. an replacement five years million over our timeframe recovery from the
spring So in and is gas for the replacement year. the our acquisition the weather Generation storage which our half fast second gas falls beginning of completion take on with team broken here, at our main should activity. summer we're pipeline having of the In work to of of Pipeline, moving and and finalized business, a be this
we fully acquisition well of Ohio, have is with that to Pipeline business, or with industrial progress other to services as and grow. the consistent as projects. the energy we the power goals in well the new Michigan, gas Ontario plans and growth like fits of as Generation gas industrial markets for very natural in and with And especially Ohio, NEXUS strategic renewable and in our continue Marcellus those both continue NEXUS' and projects, development Northern RNG Chicago, see resources customers So Utica
we've year. secure finalizing in And this beyond advanced projects we continue additional are we new So to RNG be discussions later to RNG incremental two recent for to projects that, projects developed agreements the years.
be also in cogen project We fourth operational Motor this Ford to our Company quarter year. expect the of
construction is finalizing and on cogeneration the COO new at fast few will moving a describe of that and we're Jerry, in clip So sort project, also our that a project, of minutes. acquisition ahead a
XXXX. we to the transition cleaner mentioned lays the the on the the decade can IRP slide continue market the nationally. you see X, think shift that energy that fundamental ensures slide and to power. plan transformation generate sources out, a in And I to we very our left leader the Michigan of generation. And submitted Well, side alone XX in next And a way between hand brings I be that. now on IRP the moving mentioned can see and earlier So you I will in
So five next the years. businesses powering defined homes and IRP a provides our for very plan over specific -- the our well and strategy
as well So serve, as term flexible predict the continue to as period. evolve ways between markets longer XXXX MISO the as as hard flexible in are we are long-term. and for to now the I call you XXXX more to well plan a going because all know, And what we're and XXXX, technologies, marketplace broadly, to that
need And account to a of so we that. plan flexible take
to next XXXX. for model by and the for XXXX is specific affordability customers. we and a it, as carbon way emissions flexibility term. quite more marker and both plan in that only our we're What plan it's fixed not works achievable years then introduce the longer five reliability though reduce XX% is by And achievable, that XX% a is So for
Now it investments. require substantial will
also goals. continue competitive have interesting is and ESG year, this And to when program, because over and the XXXX the contracts more solar here in more supplying we is state's to the a accelerate companies significant this $X will years, to overall customers to way for clean renewables So the Michigan to allows billion in in primarily State. investing in we are effective University in our goals. will anticipate invest capacity We're become solar. in And we to more months. transactions. megawatts achieve shift next Motors individual than seen play And and sustainability been next renewable investments of these renewable process be quarter carbon has investing that be offers Ford, aggressively few going us Together recent by out in solar goal, announced still in businesses General over transition Those their by production because homes meet do wind cost the the expanding program this But for wind costs three to a approximately with partnerships renewables. wind really double in years opportunity timeframe, our than call voluntary the of we the to production. to buy first sizable five more The target the also reductions voluntary energy. additional in our This XXXX. XXX we've of Michigan, signed and
we be that's will off. investing and that to million And capital of goals. over pull meet utility what our $XXX will above over we be to investing So in
quarter, moving our both River Rouge also the coal those on to Plant, power So Trenton in expect will and closure voluntary moves Power the We're well. down the XXXX, Sinclair Channel off announced of be front plants first we The more as and the XXXX. moving retirements contracts the in big a coming we're up of previously plant fired road. like the plant power these year plants,
in plants the our coal the Blue peak And in proceeding online power So that capacity there we blowing take along in when when XXXX a that very our is combined key in now that three Blue Center, allows reliability natural fact is to come on fluctuations to shining. or three XX% But system us be coal we well. is coal coming plants those the about years. come Energy will new our we confident close the have isn't we're Water sun of off will through with Water as and construction construction to those normal gas just substantial Blue key wind factor plant the is renewable see the plants those coming offline. will that well, it off Water plants for production it cycle because isn't few backfill help XXXX
retirement able to of a coal so those of the we're plants. accelerate And couple
I'm on to results. to financial over detail that, going little Peter, you. with our you to Peter to things a So more turn give over
