Read more about ITC Holdings Corp., and the agreement between ITC and Entergy.
- ITC-Entergy Transaction
Under a proposed transaction with ITC Holdings Corp., Entergy will merge its electric transmission business into ITC. This deal will make ITC one of the largest transmission companies in the U.S., with more than 30,000 miles of transmission lines spanning from the Great Lakes to the Gulf Coast.
- Value of Independence
ITC is a fully independent transmission company that owns, operates and maintains transmission systems. We do not own generation or transmission assets, and we are free of influence by those who generate, market, purchase or sell electricity. Our financial and strategic efforts are centered on providing a reliable and efficient electric transmission grid to service the public good.
- Operational Excellence
ITC’s investments in its base operating companies proceed with the ultimate goal of achieving and maintaining best-in-class operations for our operating systems. Trending data shows that the longer we own a system, the better its performance. Our Michigan subsidiaries – ITCTransmission and METC ¬– continue to demonstrate top decile performance for sustained outage records and outage duration. This performance exceeds that of our region and peers. ITC Midwest continues to see significant improvements in system performance and restoration times.
- Approach to Capital Projects
ITC’s three areas of capital investments – investments in our base operating companies, generator interconnection projects and development projects – are executed through a transparent planning process aligned with state, local and regional needs. Our expertise in both large and small-scale projects combined with their interconnection policy allow for lower costs and better planning solutions for our customers.
- Stakeholder Engagement and Partnerships
ITC has a dedicated Stakeholder Relations group serving as a single point of contact for business partners and customers. As a business partner and customer advocate, we respond rapidly to issues and find proactive and transparent solutions.
- Corporate Responsibility
ITC believes that environmental stewardship, access to quality education, health and wellness programs and social services are the keys to sustainable communities. These ideals are lived out through ITC’s workplace philosophy and its charitable giving program.