Who owns ITC?
ITC is owned by Fortis (Canada, TSX: FTS).[1]
Fortis owns 80.1% of ITC rather than all of it.
Evidence: Fortis Inc. Annual Report on Form 40-F filed 2026-02-12, SEC EDGAR, 12 February 2026. Verified from filings; last checked .
Key facts
- Current owner
- Fortis Inc. (80.1% stake) verified
- Owner HQ
- 🇨🇦 Canada, St. John's
- Origin
- 🇺🇸 United States
- Category
- Energy › Power & utilities › Grids & transmission
- Parent ticker
- TSX: FTS NYSE: FTS
- Last verified
- · 1 sources
About ITC
ITC owns, operates and invests in high-voltage electric transmission systems in Michigan's Lower Peninsula and parts of Iowa, Minnesota, Illinois, Missouri, Kansas, Oklahoma and Wisconsin, according to Fortis's 2025 annual information form. Fortis holds 80.1% of ITC Investment Holdings, which owns ITC Holdings; an affiliate of GIC holds the other 19.9% as a passive investment.
How often Fortis names ITC in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named more often than it was three years earlier.
Ownership timeline of ITC
Where ITC sits in Fortis
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Fortis ownership tree →
See the full Fortis brand portfolio (10) →
Other brands owned by Fortis
Fortis controls 10 brands on Brandtree, 10 of them in energy.
Also in energy
Other brands in grids & transmission, and who owns them
The 11 brands in grids & transmission on Brandtree belong to 9 owners. The largest is ESB, with 2.
| Brand | Owner | Owner based in |
|---|---|---|
| ESB Networks | ESB | 🇮🇪 Ireland |
| SSEN Distribution | SSE | 🇬🇧 United Kingdom |
| ISA | Ecopetrol | 🇨🇴 Colombia |
| Hydro One Networks | Hydro One | 🇨🇦 Canada |
| J-POWER Transmission Network | J-POWER | 🇯🇵 Japan |
| Kansai Transmission and Distribution | Kansai Electric Power | 🇯🇵 Japan |
| Oncor | Sempra | 🇺🇸 United States |
| American Transmission Company | WEC Energy Group | 🇺🇸 United States |
About the owner: Fortis
Fortis is a publicly listed company headquartered in St. John's, Canada. Brandtree records 10 brands under its control, and it is listed as TSX: FTS and NYSE: FTS.
Fortis Inc. is a holding company whose 2025 annual information form lists its regulated utilities as ITC (electric transmission), UNS Energy, Central Hudson, FortisBC Energy, FortisAlberta, FortisBC Electric and a group of other electric utilities in eastern Canada and the Caribbean. The AIF says Fortis holds 80.1% of ITC Investment Holdings (an affiliate of GIC holds 19.9% as a passive investment) and 100% of UNS Energy, Central Hudson, FortisBC Energy, FortisAlberta and Newfoundland Power. Its common shares trade on the TSX and NYSE under the symbol FTS.
🇺🇸 ITC and other American brands
Brandtree records a controlling owner for 2,399 brands that began in the United States. 461 of them (19%) are now controlled by a company headquartered in another country, ITC among them.
- AES Ohio — AES 🇺🇸
- Agway Energy Services — Suburban Propane 🇺🇸
- Alabama Power — Southern Company 🇺🇸
- AmeriGas — UGI 🇺🇸
- American Transmission Company — WEC Energy Group 🇺🇸
- Arch Resources — Core Natural Resources 🇺🇸
Frequently asked questions
Who is the parent company of ITC?
The parent company of ITC is Fortis, a publicly listed company headquartered in Canada.
Is ITC American or Canadian?
ITC originated in the United States, but it is owned today by Fortis, which is headquartered in Canada. So ITC is an American-origin brand under Canadian ownership.
Is ITC still owned by Fortis?
Yes. As of 5 October 2026, ITC is still owned by Fortis (80.1% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Fortis Inc. Annual Report on Form 40-F filed 2026-02-12 — SEC EDGAR, SEC filing, published 12 February 2026; retrieved 5 October 2026.
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