Entergy Mississippi Inc., in conjunction with ITC Holdings Corp. (ITC) has filed a request on Friday at the Mississippi Public Service Commission to spin off the Mississippi electric transmission business and merge it into a subsidiary of ITC.
The Mississippi filing continues the multi-state and federal regulatory process seeking approval for the transaction announced last year by Entergy Corp. ( ETR) and ITC.
"This proposal builds on years of hard work and aggressive investment to improve service to our customers," said Haley Fisackerly, Entergy Mississippi president and CEO. "It paves the way for new investment, new expertise and an independent company singularly focused on transmission in the region."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.