Trans-Elect Development - Ownership and Business Overview

Electrical EquipmentCompany

Trans-Elect Development Ownership

Who owns Trans-Elect Development?

Trans-Elect Development is owned by ITC Holdings, The AES and TransAlta. It was acquired on May 12, 2006.

Was Trans-Elect Development formerly PE-backed?

Yes. Trans-Elect Development was formerly owned by 2 private investors.

Trans-Elect Development Business Overview

Where is Trans-Elect Development headquartered?

Trans-Elect Development is headquartered in Reston, Vermont.

What sector is Trans-Elect Development in?

Trans-Elect Development is an electrical equipment company.

When was Trans-Elect Development founded?

Trans-Elect Development was founded in 1999.

Electrical Equipment M&A Summary in 2006

Out of 60 sectors in the Mergr database, electrical equipment ranked 20 in number of deals in 2006. The largest electrical equipment acquisition in 2006 was Trans-Elect Development - which was acquired by ITC Holdings for $866M.

Join Mergr to view all 91 acquisitions of electrical equipment companies in 2006, including 29 acquisitions by private equity firms, and 62 by strategics.

Trans-Elect Development Co. LLC

1850 Centennial Park Dr,
Reston, Vermont 20191
United States,
(703) 563-4300

Trans-Elect Development Co. LLC is an independent transmission company, focused on the acquisition and operation of transmission systems, the development and construction of new transmission lines, and the upgrade of existing transmission systems.

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