ITC Transmission

Study Shows Order No. 1000 Transmission Solicitations Have Not Yielded Customer Savings or Improved Transmission Development Timelines

Retrieved on: 
Tuesday, August 16, 2022

NOVI, Mich., Aug. 16, 2022 /PRNewswire/ -- ITC Holdings Corp. (ITC) and other members of the Developers Advocating Transmission Advancements (DATA) Coalition are calling attention to a new study showing that unintended consequences of the Federal Energy Regulatory Commission's (FERC) Order No. 1000 include project cost increases and schedule delays.

Key Points: 
  • 1000 in response to the growing challenge of planning and constructing new transmission to keep pace with national and state energy policy priorities.
  • The order allows for public utility transmission providers to use competitive bidding to solicit transmission projects or project developers.
  • Using six projects awarded to developers through competitive solicitations, the study investigated claims that Order No.
  • 1000 solicitations contribute to cost savings and the timely development of transmission infrastructure.

Capital Power and Manulife Investment Management announce the acquisition of the Midland Cogeneration facility in the United States

Retrieved on: 
Tuesday, July 12, 2022

Under the 50/50 joint venture with Manulife Investment Management, Capital Power and its joint venture partner will each contribute approximately US$186 million subject to working capital and other closing adjustments.

Key Points: 
  • Under the 50/50 joint venture with Manulife Investment Management, Capital Power and its joint venture partner will each contribute approximately US$186 million subject to working capital and other closing adjustments.
  • Capital Power will be responsible for operations and maintenance and asset management for which it will receive an annual management fee.
  • We are proud to grow our relationship with Capital Power a partner with tremendous operational and asset management expertise, said Scott Kushner, Managing Director, Infrastructure Investments at Manulife Investment Management.
  • Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation.

Wildlife Habitat Council Recognizes ITC for Conservation Efforts at Corporate Headquarters

Retrieved on: 
Thursday, June 30, 2022

NOVI, Mich., June 30, 2022 /PRNewswire/ -- The Wildlife Habitat Council (WHC) recognized ITC Holdings Corp., the largest independent electricity transmission company in the U.S., for its exemplary leadership in corporate conservation during the WHC Conservation Conference in Detroit on June 15.

Key Points: 
  • NOVI, Mich., June 30, 2022 /PRNewswire/ -- The Wildlife Habitat Council (WHC) recognized ITC Holdings Corp., the largest independent electricity transmission company in the U.S., for its exemplary leadership in corporate conservation during the WHC Conservation Conference in Detroit on June 15.
  • ITC received the 2022 WHC Gold Tier Program Award and WHC Forests Project Award for various projects at its corporate headquarters in Novi, Mich.
  • The grounds are maintained year-round under sustainable environmental principles utilizing native plantings, invasive species removal, wildlife trial cameras and annual flora and fauna surveys.
  • "Our work at ITC is focused on providing a greater grid for a greener future," said Mike McNulty, Environmental Manager at ITC.

The Henry Ford partners with ITC to expand energy education and inspire innovation

Retrieved on: 
Monday, June 20, 2022

DEARBORN, Mich., June 20, 2022 /PRNewswire-PRWeb/ -- The Henry Ford is partnering with ITC Holdings Corp., the largest independent transmission company in the United States, to educate and inspire its community of learners and the next generation of inventors about how electricity enables innovation.

Key Points: 
  • "The Henry Ford was founded to inspire the next generation of innovators, inventors and entrepreneurs," said Patricia Mooradian, president and CEO of The Henry Ford.
  • "ITC is known for its commitment to innovation to creatively problem-solve and create a better future.
  • ITC has pledged $1.25 million to support the The Henry Ford over the five-year partnership.
  • Its unique venues include Henry Ford Museum of American Innovation, Greenfield Village, Ford Rouge Factory Tour, Benson Ford Research Center and Henry Ford Academy, a public charter high school.

DATA Coalition Commends FERC Focus on Proactive Regional Transmission Planning

Retrieved on: 
Tuesday, May 17, 2022

NOVI, Mich., May 17, 2022 /PRNewswire/ -- As part of the Developers Advocating Transmission Advancements (DATA) Coalition, ITC Holdings Corp. along with Ameren, Eversource Energy, Exelon Corporation, National Grid USA, Public Service Electric and Gas Company and Xcel Energy announces today a message of support to the Federal Energy Regulatory Commission (FERC) regarding the Notice of Proposed Rulemaking (NOPR).

Key Points: 
  • The DATA coalition, a group of incumbent investor-owned utilities focused on cost-effective transmission development, commends FERC's focus on proactive regional transmission planning in the April 21 NOPR.
  • In issuing this NOPR, FERC has taken a key step to address the need for cost-effective transmission investment to support a reliable, resilient, and clean energy future.
  • The recent FERC-NARUC Joint Task Force meeting on queue reform further highlighted the need for proactive, scenario-based transmission planning to help facilitate the evolving generation mix.
  • Members of the DATA coalition are among the nation's utilities that have led the way in committing to net-zero carbon goals by mid-century or earlier.

ITC HOLDINGS CORP. ANNOUNCES ORGANIZATIONAL CHANGES

Retrieved on: 
Wednesday, February 2, 2022

NOVI, Mich., Feb. 2, 2022 /PRNewswire/ -- ITC Holdings Corp. announced today a series of organizational changes designed to position the company for continued success.

Key Points: 
  • NOVI, Mich., Feb. 2, 2022 /PRNewswire/ -- ITC Holdings Corp. announced today a series of organizational changes designed to position the company for continued success.
  • Slocum has extensive planning and engineering experience at ITC, having previously served as Vice President of Engineering.
  • "Jon's contributions to ITC are immeasurable," said Linda Apsey, President and CEO of ITC.
  • ITC Holdings Corp. is the largest independent electricity transmission company in the United States.

MATTHEW KURPINSKI NAMED VICE PRESIDENT, INFORMATION TECHNOLOGY AND CHIEF INFORMATION OFFICER FOR ITC HOLDINGS CORP.

Retrieved on: 
Monday, December 20, 2021

NOVI, Mich., Dec. 20, 2021 /PRNewswire/ --Matthew Kurpinski has been named Vice President, Information Technology and Chief Information Officer for ITC Holdings Corp. effective Jan. 1, 2022.

Key Points: 
  • NOVI, Mich., Dec. 20, 2021 /PRNewswire/ --Matthew Kurpinski has been named Vice President, Information Technology and Chief Information Officer for ITC Holdings Corp. effective Jan. 1, 2022.
  • He succeeds Ron Hinsley, who has held a dual role and will continue as Vice President, Chief Information Officer for Fortis Inc.
    Mr. Kurpinski is responsible for all Information Technology (IT) activities at ITC, including cyber security initiatives.
  • "Matt brings a wealth of experience to the position and has proven to be an incredible asset to ITC's information technology team.
  • Prior to joining ITC, he worked for 22 years in the automotive sector in information technology and quality systems management.

ITC Holdings Corp. Makes Two New Appointments to Board of Directors

Retrieved on: 
Tuesday, November 23, 2021

NOVI, Mich., Nov. 23, 2021 /PRNewswire/ -- ITC Holdings Corp. (ITC) today announced the appointment of Leanne Bell and Jocelyn H. Perry to its board of directors, effective February 1, 2022 and January 1, 2022, respectively.

Key Points: 
  • NOVI, Mich., Nov. 23, 2021 /PRNewswire/ -- ITC Holdings Corp. (ITC) today announced the appointment of Leanne Bell and Jocelyn H. Perry to its board of directors, effective February 1, 2022 and January 1, 2022, respectively.
  • They join 10 other members of the ITC board of directors.
  • "Leanne and Jocelyn bring a tremendous amount of industry perspective and value to our company," said Linda Apsey, President and CEO of ITC.
  • Ms. Bell is a retired financial and power infrastructure expert with a portfolio of board work spanning the infrastructure space in both the U.S. and Europe.

ITC Holdings Corp. Appoints David Hutchens to Board of Directors

Retrieved on: 
Wednesday, December 9, 2020

NOVI, Mich., Dec. 9, 2020 /PRNewswire/ --ITC Holdings Corp. (ITC) today announced it has appointed David Hutchens to its board of directors, effective January 1, 2021.

Key Points: 
  • NOVI, Mich., Dec. 9, 2020 /PRNewswire/ --ITC Holdings Corp. (ITC) today announced it has appointed David Hutchens to its board of directors, effective January 1, 2021.
  • Mr. Hutchens currently serves as Chief Operating Officer of ITC parent company Fortis Inc. and CEO of Fortis subsidiary UNS Energy.
  • Mr. Perry also resigned from the ITC board of directors effective December 31, 2020.
  • Mr. Hutchens joins 11 other members of the ITC board of directors.

Jenny D'Anna Appointed to Vice President and Deputy General Counsel Legal Services at ITC

Retrieved on: 
Wednesday, October 14, 2020

NOVI, Mich., Oct. 14, 2020 /PRNewswire/ --ITC Holdings Corp. today announced thatJenny D'Anna has been appointed Vice President and Deputy General Counsel Legal Services.

Key Points: 
  • NOVI, Mich., Oct. 14, 2020 /PRNewswire/ --ITC Holdings Corp. today announced thatJenny D'Anna has been appointed Vice President and Deputy General Counsel Legal Services.
  • "Jenny has played an increasingly important role in our overall legal strategy over the past 10 years," said Christine Mason Soneral, Senior Vice President and General Counsel for ITC Holdings Corp. "In particular, Jenny's strategic legal counsel has been critical to the success of our major projects, including the largest and most complex project in the company's history."
  • Ms. D'Anna joined ITC in 2010 and most recently served as Assistant General Counsel-Utility Operations for ITC Holdings Corp.Prior to joining ITC, she worked in private practice specializing in real estate transactions.
  • ITC is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry.