As the largest independent transmission company in the U.S. and part of the Fortis group of companies, ITC Holdings is playing a key role in building the grid of the future. Its $9.8 billion capital plan - the largest in ITC’s history - includes investments in base infrastructure, the Midcontinent Independent System Operator (MISO) long-range transmission plan (LRTP), customer connections, and grid security.

Transmission lines do more than move electricity, they enable progress. By expanding and modernizing the grid, transmission investments:

• Strengthen reliability and reduce congestion
• Unlock renewable energy integration
• Support economic development and job creation

One standout initiative is the Big Cedar Load Expansion Project, which will power billions of dollars of investment in two Iowa data centers.

• Phase 1: Transmission upgrades for 800 MW of new load, targeted in-service by 2027
• Phase 2: Additional 800 MW, expected in-service by 2028

MISO approved the projects to support Big Cedar, with Iowa Utilities Commission approval in process. This is in addition to previously approved transmission upgrades for 300 MW of new load, targeted to be in service in 2026.

ITC also is anticipating capital investment of $3.3–$3.8 billion for Tranche 2.1 LRTP projects post-2030, which includes system upgrades and projects under rights of first refusal. Any Tranche 2.1 LRTP projects awarded to ITC as a result of the competitive bidding process would be incremental, as would additional growth avenues such as potential customer connections tied to 8,000 MW of load growth for proposed data center and economic development projects.

Learn more about how ITC Holdings is shaping the energy future.