ITC Holdings Corp. is an innovative company in the energy sector. Their dedication to creating a greater grid for a greener future is reflected in their slogan, "We’re building a greater grid, for a greener future." Founded in 2003, the company has made significant strides in strengthening transmission infrastructure to meet evolving energy needs, connecting the country to renewable energy sources. As of 06 May 2024, ITC Holdings Corp. secured a $400.00M Post-IPO Debt investment. As a Fortis company, ITC operates high-voltage transmission facilities in Michigan, Iowa, Minnesota, Illinois, Missouri, Kansas, and Oklahoma. Their commitment to improving reliability, expanding access to markets, reducing overall cost of delivered energy, relieving electricity transmission congestion, interconnecting new electricity generation, and high voltage transmission signifies their impact on the industry. ITC Holdings Corp.'s efforts not only address current energy challenges but also pave the way for a sustainable energy landscape. With their focus on transmission infrastructure and dedication to renewable energy, they are poised to play a significant role in the future of energy.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | $400.00M | - | 06 May 2024 | |
Post-IPO Debt | $500.00M | - | 17 May 2023 | |
Post-IPO Debt | $600.00M | - | 08 Sep 2022 |
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