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May 20, 2024

ITC Holdings

ITC
ITC Subsidiary Gets OK to Buy Michigan Tx Assets
FERC authorized an ITC Holdings subsidiary to purchase transmission assets from the city of Holland, Mich.
ITC
FERC Sidesteps Michigan Tx Ownership Dispute
FERC has declined to involve itself in a dispute over whether Consumers Energy must transfer ownership of transmission assets to its former subsidiary.
ITC ‘Tour’ Includes Call for Increased Tx Investment
ITC Holdings offered a rare look into its Michigan control room as part of a company update and appeal for increased investment in transmission.
MISO Endorses 2 Michigan Projects for Expedited Review
MISO is recommending two of three Michigan projects requested for expedited review be approved before its 2017 Transmission Expansion Plan.
FERC Cuts MISO Transmission Owners’ ROE to 10.32%
FERC ordered a pay cut for MISO transmission owners, reducing their ROE to 10.32% from 12.38%.
MISO not Allowed to Allocate Lake Erie PARs Costs to PJM and NYISO
FERC ruled against a proposal by MISO and ITC Holdings that would have allocated the costs of phase angle regulating transformers to PJM and NYISO.
IPL, MidAmerican: MISO Misallocating Upgrade Costs in GIA
Interstate Power joined MidAmerican Energy in protesting the GIA that MISO filed for the Marshalltown Generating Station in Iowa.
FERC to Revisit Transmission Policies
FERC rejected ITC's request that it bar transmission rate reductions in Order 1000 competitive solicitations, instead scheduling a technical conference.
FERC Does 180 on Local Tx Cost Allocation in PJM
Reversing a prior decision, FERC ruled that PJM transmission owners should pay all of the cost of projects that solely address a TO’s local planning criteria.
Fortis to Acquire ITC Holdings for $11.3B
ITC Holdings, the largest independent transmission operator in the U.S., agreed to be acquired by Canadian utility operator Fortis in a deal valued at $11.3 billion, the companies announced.

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