electric transmission


ITC Shareholders Approve Merger of Entergy’s Transmission Business

ITC Holdings Corp. (NYSE: ITC) shareholders today voted to approve the proposed merger of the transmission business of New Orleans-based Entergy Corp. into ITC.

WWJ Newsradio 950–04/16/2013

ITC Holdings Reports Higher Revenue, Net Income

ITC Holdings Corp. (NYSE: ITC) reported higher revenue and net income for the fourth quarter and year ended Dec. 31.

WWJ Newsradio 950–02/27/2013


ITC Holdings Schedules Special Shareholder Meeting in Connection with Entergy Transaction

ITC Holdings Corp. has scheduled an April 16 special meeting of shareholders to vote on its acquisition of the electric transmission business of Entergy Corp.

WWJ Newsradio 950–02/26/2013


Entergy Texas, ITC File Final Transaction Request

Entergy Texas Inc., in conjunction with ITC Holdings Corp. (NYSE: ITC) and ITC Midsouth LLC, have filed a requewt at the Public Utility Commission of Texas to spin off Entergy Texas’ electric transmission business and merge it into a subsidiary of ITC.

WWJ Newsradio 950–02/20/2013


Entergy, ITC Initiate Transaction Approval Process

ITC Holdings Corp. and New Orleans-based Entergy Corp. said Wednesday that they have initiated a multi-state and federal regulatory process per an agreement announced on Dec. 5, 2011, that calls for Entergy’s utility operating companies to spin off and merge their electric transmission businesses with a subsidiary of ITC.

WWJ Newsradio 950–09/05/2012


ITC Profits Fall On One-Time Charges

ITC Holdings Corp. (NYSE: ITC) last week reported net income of $42.4 million or 81 cents a share in the second quarter, down from $43 million or 83 cents a share in the second quarter of 2011.

WWJ Newsradio 950–08/07/2012


ITC Selects Michigan Firm For First Phase Of Thumb Loop Transmission Line

Novi-based ITCTransmission, a wholly owned subsidiary of ITC Holdings Corp., the nation’s largest independent electricity transmission company, Friday announced it has selected Iron Mountain-based M.J. Electric LLC, a Quanta Services company (NYSE: PWR), to build the first segment of the Thumb Loop high-voltage transmission line.

WWJ Newsradio 950–03/04/2012

ITC Holdings Offers New Capital Plan, Earnings Guidance

The Novi electric grid management company ITC Holdings Corp. (NYSE: ITC) unveiled a new five-year capital investment plan and its first glimpse at 2011 earnings guidance at an analyst event in New York City Monday. […]


ITC Improves Profits, Raises 2010 Guidance

ITC Holdings Corp. (NYSE: ITC), the Novi-based electric transmission company, reported higher sales and net income for the second quarter and six months ended June 30.