ITC Holdings Corp. (ITC) - Alternative Energy - Deals and Alliances Profile

 Published On: Sep, 2015 |    No of Pages: 59 |  Published By: GlobalData | Format: PDF
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Summary

ITC Holdings Corp. (ITC) is an independent electric transmission company. The company operates, maintains and invests in transmission infrastructure such as transmission lines, towers and poles. It also conducts transmission system improvement operations through its subsidiaries ITC Grid Development, ITC Great Plains and International Transmission Company. The company transmits electricity from generating stations to local distribution facilities connected to the company's systems through its high-voltage systems in Michiganís Lower Peninsula and portions of Iowa, Minnesota, Illinois and Missouri. The company distributes electricity across the US. It is headquartered in Michigan, the US. The company plans to expand its operational presence. To this end, in April 2015, ITC Great Plains, a subsidiary of the company opened a new regional office in Wichita, Kansas.

ITC Holdings Corp. (ITC) - Alternative Energy - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Alternative Energy eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Companyís (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the companyís operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents

Table of Contents 2
List of Tables 4
List of Figures 5
ITC Holdings Corp., Alternative Energy, Deals By Year, 2009 to YTD 2015 6
ITC Holdings Corp., Alternative Energy Deals By Type, 2009 to YTD 2015 7
ITC Holdings Corp., Alternative Energy, Deals Summary, 2009 to YTD 2015 8
ITC Holdings Corp., Alternative Energy, Deal Details 9
Asset Purchase 9
ITC Great Plains Acquires Two Electric Transmission Substations From Mid-Kansas Electric 9
International Transmission Invests USD510 Million in Thumb Loop High Voltage Transmission Project In US 10
American Transmission and ITC Midwest to Invest USD450 Million in Cardinal-Hickory Creek Transmission Line in Iowa, US 11
ITC Great Plains To Invest US$113 Million In Saline-Cloud Transmission Line In Kansas, US 12
ITC Transmission Invests US$50 Million In Goodison 345 kV Project 13
ITC Great Plains Acquires Flat Ridge Substation From Mid-Kansas Electric 14
ITC Great Plains Acquires Elm Creek Transmission Substation From Mid-Kansas Electric 15
ITC Great Plains Invests US$200 Million In KETA I Phase Transmission Line Project, U.S. 16
ITC Great Plains To Invest US$90 Million In Spearville-Hays Transmission Line 17
ITC Holdings To Invest US$12,000 Million For Green Power Express Transmission Project 18
Debt Offering 19
ITC Holdings Raises USD400 Million in Public Offering of 3.65% Notes Due 2024 19
ITC Transmission Prices Private Placement Of 4.625% Bonds Due 2043 For US$285 Million 21
ITC Holdings Completes Public Offering Of 4.05% Notes Due 2023 For US$250 Million 22
ITC Holdings Completes Public Offering Of 5.3% Notes Due 2043 For US$300 Million 24
ITC Holdings Prices 5.5% Senior Notes Offering For US$200 Million 26
ITC Holdings Corp. - Key Competitors 27
Key Employees 28
Locations And Subsidiaries 30
Head Office 30
Other Locations & Subsidiaries 30
Recent Developments 31
Operations Updates 31
May 25, 2015: ITC Conducting Aerial Patrols of Transmission Lines in East-Central Michigan 31
Financial Announcements 32
Jul 30, 2015: ITC Reports Continued Strong Growth for Second Quarter and Year-to-Date 2015 Results 32
Apr 30, 2015: ITC Reports First Quarter 2015 Results 35
Feb 03, 2015: ITC Declares Dividend to Shareholders 37
Nov 06, 2014: ITC Declares Dividend to Shareholders 38
Oct 30, 2014: ITC Reports Third Quarter and Year-to-Date 2014 Results 39
Aug 13, 2014: ITC Increases Quarterly Dividend Rate By 14 Percent 42
Aug 06, 2014: ITC Reports Second Quarter and Year-to-Date 2014 Results 43
May 21, 2014: ITC Holdings Declares Dividend to Shareholders 46
May 01, 2014: ITC Holdings Reports Increased First Quarter 2014 Results 47
Feb 27, 2014: ITC Holdings Reports Increased Fourth Quarter and Year-End 2013 Results 49
Feb 06, 2014: ITC Holdings Corp. Announces 3 for 1 Stock Split and Declares Quarterly Dividend 51
Other Significant Developments 52
Jul 06, 2015: ITC Announces Matthew Dills as New Vice President of Human Resources 52
Apr 17, 2015: Christine Mason Soneral Promoted to Senior Vice President and General Counsel for ITC Holdings Corp. 53
Feb 04, 2015: ITC Announces Corporate Reorganization 54
Oct 13, 2014: Krista Tanner to Join ITC as Vice President, ITC Holdings Corp. and President, ITC Midwest 55
Aug 13, 2014: ITC Holdings Corp. Announces Strategic Leadership Decisions 56
May 22, 2014: Daniel Oginsky Promoted to Executive Vice President and General Counsel for ITC Holdings Corp 57
May 21, 2014: ITC Holdings Chief Financial Officer Resigns 58
Appendix 59
Methodology 59
About GlobalData 59
Contact Us 59
Disclaimer 59

List of Tables

ITC Holdings Corp., Alternative Energy, Key Facts, 2014 1
ITC Holdings Corp., Alternative Energy, Deals Summary, 2009 to YTD 2015 1
ITC Holdings Corp., Alternative Energy, Deals By Year, 2009 to YTD 2015 6
ITC Holdings Corp., Alternative Energy Deals By Type, 2009 to YTD 2015 7
ITC Holdings Corp., Alternative Energy, Deals Summary, 2009 to YTD 2015 8
ITC Great Plains Acquires Two Electric Transmission Substations From Mid-Kansas Electric 9
International Transmission Invests USD510 Million in Thumb Loop High Voltage Transmission Project In US 10
American Transmission and ITC Midwest to Invest USD450 Million in Cardinal-Hickory Creek Transmission Line in Iowa, US 11
ITC Great Plains To Invest US$113 Million In Saline-Cloud Transmission Line In Kansas, US 12
ITC Transmission Invests US$50 Million In Goodison 345 kV Project 13
ITC Great Plains Acquires Flat Ridge Substation From Mid-Kansas Electric 14
ITC Great Plains Acquires Elm Creek Transmission Substation From Mid-Kansas Electric 15
ITC Great Plains Invests US$200 Million In KETA I Phase Transmission Line Project, U.S. 16
ITC Great Plains To Invest US$90 Million In Spearville-Hays Transmission Line 17
ITC Holdings To Invest US$12,000 Million For Green Power Express Transmission Project 18
ITC Holdings Raises USD400 Million in Public Offering of 3.65% Notes Due 2024 19
ITC Transmission Prices Private Placement Of 4.625% Bonds Due 2043 For US$285 Million 21
ITC Holdings Completes Public Offering Of 4.05% Notes Due 2023 For US$250 Million 22
ITC Holdings Completes Public Offering Of 5.3% Notes Due 2043 For US$300 Million 24
ITC Holdings Prices 5.5% Senior Notes Offering For US$200 Million 26
ITC Holdings Corp., Key Competitors 27
ITC Holdings Corp., Key Employees 28
ITC Holdings Corp., Subsidiaries 30

List of Figures

ITC Holdings Corp., Alternative Energy, Deals by Type, 2009 to YTD 2015 1
ITC Holdings Corp., Alternative Energy, Deals By Year, 2009 to YTD 2015 1
ITC Holdings Corp., Alternative Energy, Deals By Region, 2009 to YTD 2015 1
ITC Holdings Corp., Alternative Energy, Deals By Year, 2009 to YTD 2015 6
ITC Holdings Corp., Alternative Energy, Deals by Type, 2009 to YTD 2015 7


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