September 30, 2016 10:23 PM ET

Electric Utilities

Company Overview of American Transmission Company LLC

Company Overview

American Transmission Company LLC operates as a multi-state, transmission-only utility in the United States. The company owns and operates high-voltage electric transmission systems that allow energy producers to transport electric power from where it’s generated to where it’s needed in the homes and businesses they serve. It provides electric transmission services in portions of Wisconsin, Michigan, Minnesota, and Illinois. It serves electricity producers and electric distribution companies. American Transmission Company LLC was founded in 2001 and is headquartered in Pewaukee, Wisconsin.

Pewaukee, WI 53187

United States

Founded in 2001

Key Executives for American Transmission Company LLC

Chairman, Chief Executive Officer and President
Chief Financial Officer, Executive Vice President and Treasurer
Chief Operating Officer and Executive Vice President
Executive Vice President, General Counsel and Corporate Secretary
Age: 53
Vice President of Finance & Accounting
Age: 53
Compensation as of Fiscal Year 2016.

American Transmission Company LLC Key Developments

American Transmission Co. Reports Earnings Results for the Year Ended of December 31, 2015

American Transmission Co. reported earnings results for the year ended of December 31, 2015. For the period, the company has reported that earnings before members’ income taxes were $200.44 million, compared to $238.73 million for the year ended December 31, 2014. Operating revenues were $615.84 million, compared to $635.03 million for the year ended December 31, 2014. Operating income was $296.51 million, compared to $327.58 million for the year ended December 31, 2014.

Scott Herbst Joins American Transmission Co. as Vice President of Information Technology

Scott Herbst has joined American Transmission Co. as vice president of Information Technology. Herbst comes to ATC from PPL Corp., where he was senior director for the IT Business Solutions group.

American Transmission Co. Announces Three Executive Promotions

John McNamara, Andy Dolan and Jared Winters have been promoted to senior positions within American Transmission Co. McNamara is now vice president of asset management, responsible for transmission asset performance, maintenance and design. McNamara has been with ATC since its inception, when he began serving as the manager of project management prior to the company's start of operations on January 1, 2001. Dolan assumes the newly created position of director of reliability planning. In this capacity, he will provide oversight to the development of the transmission system to ensure the use of appropriate transmission methodologies and technologies, creating an overall planning and service strategy. Dolan joined ATC in 2001 as assistant manager of maintenance and was promoted to manager of asset planning and engineering in 2005. Winters will assume duties as director of construction for projects in ATC's western portfolio, based in Madison. He joined ATC in 2001 as a system protection engineer after working for several years as an engineering consultant in Madison.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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