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What does the filing ITC recently made mean?

filing ITC mean
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What does the filing ITC recently made mean?

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ITC’s newly created limited partnership Green Power Express LP filed what is known as a Federal Power Act Section 205 application with the Federal Energy Regulatory Commission requesting approval of a rate and incentives for the construction of the Green Power Express including the approval of a regulatory asset for recovery of development expenses which will allow ITC to continue development efforts for the Green Power Express.

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