ITC Holdings’ GREEN BOND FRAMEWORK is intended to be in alignment with the Green Bond Principles as published in June 2021 by the International Capital Markets Association (ICMA)
and has received SECOND PARTY REVIEW from Sustainalytics.
Under this framework, we are able to finance or refinance, in part or in full, new or existing projects across six eligible project categories:
1. Renewable Energy
2. Energy Efficiency
3. Clean Transportation
4. Green Buildings
5. Climate Change Adaption
6. Environmental Stewardship
AUGUST 2021 ISSUANCE
On August 3, 2021, Michigan Electric Transmission Company, LLC issued $75 million of Green Bonds (2021 Series A 2.90% Senior Secured Notes due 2051). As of August 3, 2022, the Eligible Green Projects have connected or are expected to connect ~1.5 gigawatts (GW) of solar and/or wind generation facilities.