Transmission Firm ITC Boosts Capex Budget to $4.5 Billion Over Five Years

SUGAR LAND--May 23, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--ITC Holdings Corporation (NYSE:ITC) (Novi, Michigan) plans to make $4.5 billion of capital investments in its transmission business over 2014-18, the company recently told investors. This compares to a previous investment plan of $4.2 billion during 2012-16.

Other companies featured: Entergy Corporation (NYSE:ETR)