ITC Holdings, the nation’s largest publicly traded owner of the power grid, reported sharply higher revenue and net income for the fourth quarter and year ended Dec. 31.
The Novi power grid owner ITC Holdings Corp. (NYSE: ITC) Thursday reported net income of $59 million or $1.12 a share in the third quarter ended Sept. 30, up from $51.2 million or 98 cents a share in the third quarter of 2012.
The grid is now ready for more wind power from Michigan’s thumb.
ITC Holdings Corp. (NYSE: ITC),l the nation’s largest manager of the power grid, reported higher revenue and profit for the first quarter of 2013.
ITC Holdings Corp. Monday provided initial stand-alone operating earnings guidance for 2013 in the range of $4.80 to $5 a share. The operating earnings guidance provided is a non-GAAP measure which excludes the impact of after-tax expenses associated with ITC’s transaction with Entergy Corp.
ITC Holdings Corp., the Novi-based owner and manager of a signficant chunk of the nation’s electric grid, reported revenue of $214.8 million in the quarter ended Sept. 30, up from $191.3 million a year earlier. For the nine months, revenue was $608.9 million, up from $555.8 million a year earlier.
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.
NOVI — ITC Holdings Corp. (NYSE: ITC) last week announced that it has won the SF6 Team Leadership Award from the U.S. Environmental Protection Agency in recognition of its continued commitment to SF6 emission reductions. The […]
A nearly $50 million investment by Novi-based ITC Holdings, which owns much of the power grid in Michigan, will make electrical service in Michigan, the Midwest and Ontario more efficient and reliable.
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.