Entergy files application with FERC for spin-off/merger
by MBJ Staff Published: September 27,2012
Tags: application, distribution, electric, electricity, energy, federal agency, government regulation, line, merger, power, regulation, regulator, regulatory, spin-off, transmission, utility
NEW ORLEANS — ITC Holdings Corp. and Entergy Corporation have filed a joint application with the Federal Energy Regulatory Commission (FERC) seeking approval for Entergy’s utility operating companies to spin off and merge their electric transmission businesses into a subsidiary of ITC. Upon closing of the transaction, ITC will become one of the largest electric [...] [...]
