Year: 2012

  • ITC GREAT PLAINS ENERGIZES PHASE II OF KETA TRANSMISSION LINE

    NOVI, Mich., Dec. 13, 2012 /PRNewswire/ — ITC Great Plains, LLC, in conjunction with Sunflower Electric Power Corp. and Midwest Energy, Inc., has placed Phase II of the KETA (Spearville-Axtell) high-voltage electric transmission project into service, marking completion of the project. The 227-mile, 345,000-volt line from Spearville, Kan., to Axtell, Neb., will improve the reliability and efficiency of the regional grid and…

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  • ITC GREAT PLAINS CELEBRATES GROUNDBREAKING FOR KANSAS V-PLAN TRANSMISSION LINE PROJECT

    MEDICINE LODGE, Kan., November 14, 2012 – ITC Great Plains, LLC today celebrated the beginning of construction of the V-Plan high-voltage transmission line project, the company’s second major transmission project in Kansas. At a groundbreaking ceremony near Medicine Lodge on the site of one of the project’s substations, ITC welcomed state and local officials, regional planning…

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  • ITC HOLDINGS CORP. APPOINTS THOMAS G. STEPHENS TO BOARD OF DIRECTORS

    NOVI, Mich., Nov. 12, 2012 /PRNewswire/ — ITC Holdings Corp. (NYSE: ITC) has appointed Thomas G. Stephens to its board of directors as an independent board member, effective Nov. 8, 2012. This appointment fills a vacant position on the company’s 10-member board. Mr. Stephens is retired vice chairman and global chief technology officer of General Motors Company. He was a member of…

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  • ITC HOLDINGS PROVIDES INITIAL 2013 OPERATING EARNINGS AND CAPITAL INVESTMENT GUIDANCE

    NOVI, Mich., Nov. 12, 2012 /PRNewswire/ — ITC Holdings Corp. (NYSE: ITC) today provided initial stand-alone operating earnings guidance for 2013 in the range of $4.80 to $5.00 per 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 Corporation. In addition, aggregate stand-alone capital investments for…

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  • ITC TO PRESENT AT EEI FINANCIAL CONFERENCE

    NOVI, Mich., Nov. 6, 2012 /PRNewswire/ — ITC Holdings Corp. (NYSE: ITC) is scheduled to address members of the investment community at the 47th Edison Electric Institute (EEI) Financial Conference in Phoenix, Ariz. on Tuesday, Nov. 13 from 11 a.m. to 11:40 a.m. Eastern time . Cameron Bready , executive vice president and chief financial officer for ITC, will present. Investors can access the live audio…

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  • ITC HOLDINGS REPORTS INCREASED THIRD QUARTER AND YEAR-TO-DATE 2012 RESULTS; RAISES 2012 OPERATING EARNINGS PER SHARE GUIDANCE; UPDATES 2012 CAPITAL GUIDANCE

    NOVI, Mich., Oct. 23, 2012 /PRNewswire/ — Highlights Operating earnings for the third quarter of $1.07 per diluted common share; reported earnings for the third quarter of $0.98 per diluted common share Operating earnings for the nine months ended September 30, 2012 of $3.05 per diluted common share; reported earnings for the nine months ended September 30, 2012 of $2.68 per diluted common share Capital investments of $626.2 million for the…

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  • ITC SUBMITS ITC GREAT PLAINS EXPANSION PROJECT TO SPP

    NOVI, Mich., Oct. 17, 2012 /PRNewswire/ — ITC Holdings Corp. (ITC) today announced the ITC Great Plains Expansion Project — the latest example of the company’s leadership in identifying innovative solutions to the nation’s electric transmission needs. The ITC Great Plains Expansion Project plan was developed through more than a year of extensive study of regional needs. It identifies…

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  • ITC SCHEDULES THIRD QUARTER 2012 EARNINGS RELEASE AND WEBCAST

    NOVI, Mich., Oct. 10, 2012 /PRNewswire/ — ITC Holdings Corp. (NYSE: ITC) today announced that it will release consolidated financial results for the quarter ended September 30, 2012 after market close on October 23, 2012. In addition, ITC will also conduct a webcast and conference call at 11 a.m. Eastern on Wednesday, October 24, 2012. Joseph L. Welch , chairman, president and CEO, will provide a…

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  • ITC CONDUCTING AERIA PATROLS OF TRANSMISSION LINES IN SOUTHEAST MICHIGAN

    NOVI, Mich. Oct. 2, 2012 – ITC is conducting aerial patrols of its high-voltage transmission towers and lines across the Lower Peninsula of Michigan during October and early November. The helicopter patrols are conducted to provide an overall status of the overhead transmission system that is operated by ITC’s Michigan operating entities, ITCTransmission and Michigan Electric Transmission…

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  • WORK ON TRANSMISSION LINE SET TO START IN NOVEMBER

    Hutchinson News – September 26, 2012 Construction on ITC’s high-voltage electric transmission line that will run from Medicine Lodge to Spearville, via Clark County, is now set to begin in November, about six months ahead of schedule.

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