ITC History
Our History
Since our founding in 2003, ITC has:
- Acquired and integrated three electrical transmission businesses as owner/operator
- Pioneered a greenfield transmission-only utility, ITC Great Plains
- Identified and facilitated critical regional transmission projects
- Established a portfolio of actionable development projects
- Partnered with local utilities on projects
- Explored creative approaches to power grid modernization
We continue to pursue these strategies, all part of our vision toward a “Greater Grid. Greener Future.” Here are some milestones:
2003
Company established as ITCTransmission with the acquisition of DTE transmission assets
2005
ITC Holdings Corp. becomes first publicly-traded independent transmission company
2006
Company acquires Michigan Electric Transmission Company (METC) from Consumers Energy and Greenfield development activities begin: ITC Great Plains established
2007
ITC Midwest formed through acquisition of transmission assets of Interstate Power & Light
2013
In 2013, ITC celebrated its 10th anniversary by strengthening system reliability, while also completing the Kansas V-Plan project in partnership with Sunflower Electric Power Corp, enhancing regional energy infrastructure.
2015
ITC completes Michigan Thumb Loop project, largest in company’s history
2016
ITC Holdings Corp. becomes a subsidiary of Fortis Inc.
2019
Updated study by ICF International: ITC’s grid investments 2008-2017 delivered more than $10 billion in customer benefits
2020
Massive derecho in Iowa causes worst damage in ITC’s history. EEI recognizes ITC and Alliant Energy for outstanding and coordinated restoration efforts
2021
ITC completes multi-year effort to rebuild more than 600 miles of ITC Midwest 34.5 kV lines to 69 kV capacity
2022
MISO approves first phase of the Long Range Transmission Plan, resulting in ITC Michigan and ITC Midwest projects to interconnect lower carbon sources of generation, and enhance reliability and resiliency
2023
ITC marks 20 years of modernizing the greater grid to ensure continued safe and reliable service for customers – learn more
2024
ITC Midwest energizes the 102-mile 345 kV Cardinal-Hickory Creek transmission line project in Iowa and Wisconsin