May 22, 2017 3:47 PM ET

Electric Utilities

Company Overview of Midcontinent Independent System Operator, Inc.

Company Overview

Midcontinent Independent System Operator, Inc. provides transmission services to its members in North America. The company’s members primarily include owners of electric transmission facilities, as well as other participants in the electric energy market. Its members have approximately 65,800 miles of transmission lines and 190,539 megawatts of electric generation capacity. The company was formerly known as Midwest Independent Transmission System Operator, Inc. and changed its name to Midcontinent Independent System Operator, Inc. in April 2013. Midcontinent Independent System Operator, Inc. was founded in 1998 and is headquartered in Carmel, Indiana. Midcontinent Independent System Operator...

720 City Center Drive

Carmel, IN 46032

United States

Founded in 1998

Phone:

317-249-5400

Fax:

317-249-5910

Key Executives for Midcontinent Independent System Operator, Inc.

Chief Executive Officer, President and Director
Chief Financial Officer
Executive Vice President of Operations
Chief Information Officer and Senior Vice President
Chief Compliance Officer and Vice President
Compensation as of Fiscal Year 2016.

Midcontinent Independent System Operator, Inc. Key Developments

Dynegy Executes Agreements with the PJM System Operatorand Midwest Independent System Operator to Move the Majority of Dynegy's Hennepin Power Station's Energy and Capacity to the PJM Market from MISO

Dynegy has executed agreements with the PJM System Operator(PJM) and the Midwest Independent System Operator (MISO) to move the majority of Dynegy's Hennepin Power Station's energy and capacity to the PJM market from MISO. the Company noted that the five-year transmission service agreements - which require no upfront investment, only modest annual fees associated with transporting power into PJM - may be extended indefinitely at Dynegy's request and are a result of three years of effort to procure transmission service out of MISO. Per the agreement, 260 megawatts (MW) of Hennepin's 290 MW capacity will be available for sale into PJM effective June 1, 2017. Dynegy reported that the pathway to PJM is consistent with its overall objective of moving all of the Company's Illinois generating assets from MISO to PJM.

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Recent Private Companies Transactions

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

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