Tag: US Transmission Utility

Fortis buys out ITC, largest independent US electricity transmission utility

Fortis buys out ITC, largest independent US electricity transmission utility

Fortis US$11.3B deal should be closed in late 2016 On Tuesday, Canadian-based utility company Fortis Inc. announced a friendly US$11.3-billion deal to buy ITC, the largest independent transmission utility in the United States. Upon completion of the deal, which has been approved by the boards of directors of both companies, Fortis will be one of the top 15 […]

By February 9, 2016 0 Comments Read More →