FERC Approves the Sale of Entergy Inc’s. Interstate Transmission System to ITC Holdings Corporation

The sale of 15,800 miles of transmission lines has been approved by the Federal Energy Regulatory Commission. ITC Holdings, a Novi, Michican company, has purchased Entergy Incorporated’s interstate transmission system spanning the states of Arkansas, Louisiana, Mississippi and Texas. The sale was approved at $1.78 billion.

Date Posted: 7/10/2013