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Tag Archives: spin-off

Entergy, ITC file spin-off request with PSC

JACKSON — Entergy Mississippi Inc., in conjunction with ITC Holdings Corp. and ITC Midsouth LLC, has filed a request with the Mississippi Public Service Commission to spin off the Mississippi electric transmission business and merge it into a subsidiary of ITC. The Mississippi filing continues the multi-state and federal regulatory process seeking approval for the transaction announced last year by ...

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Entergy files application with FERC for spin-off/merger

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 transmission companies in the U.S., ...

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Neshoba County General spinning off ambulance service

PHILADELPHIA — Neshoba County General Hospital has agreed to spin off its ambulance service. The Neshoba Democrat reports the ambulance service will become a separate entity under an agreement between the hospital and the county board of supervisors. “It will no longer be an extension of the emergency room as far as hospital billing is concerned,” said county administrator Benjie ...

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Entergy nixes nuclear spin-off plans

NEW ORLEANS — Entergy Corp. says it will end plans for its proposed spinoff of six nuclear power stations into a separate company. In March, New York utility regulators rejected the plan for the company, called Enexus Energy Corp. and EquaGen LLC, because it wasn’t in the public interest. Entergy said today it would end plans for the company and ...

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