ATC Development Co.
ATC Development Co. is the development branch formed by certain owners of American Transmission Co. to pursue development outside of ATC’s traditional footprint.
Of ATC’s ownership, 12 percent is owned by municipal and cooperative utilities, and 88 percent is owned by investor-owned utilities. ATC Development Co. is owned by the investor-owned utility members of ATC.
ATC Development Co. draws upon ATC’s vast transmission experience to pursue transmission development opportunities, and these efforts are conducted through a cost-sharing agreement that insulates ATC’s non-development owners and in-footprint customers from costs associated with development work.