ITC Holdings Corp. Company Description
ITC Holdings owns and operates 2,700 miles of power transmission lines in southeastern Michigan (including Detroit and Ann Arbor). ITC was created to acquire International Transmission Company. Through its subsidiaries, ITCTransmission, Michigan Electric Transmission Company, LLC (METC) and ITC Midwest LLC, ITC operates regulated, high-voltage transmission systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois and Missouri serving a combined peak load in excess of 25,000 MW. ITC is a member of the Midwest ISO, a regional transmission organization. Kohlberg Kravis Roberts (KKR) purchased the company from utility holding company DTE Energy.
View the Comprehensive Company Description for ITC Holdings Corp.
The Company Description provides a historical perspective of ITC Holdings Corp.'s organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of ITC Holdings Corp.'s evolution in the marketplace.
