Saturday, March 12, 2011

Peters Elected to American Transmission Co. Board of Directors (WPPI Energy)

WPPI Energy President and CEO Michael W. Peters has been elected to the board of directors of American Transmission Co.

ATC owns, operates, builds and maintains the high-voltage electric transmission system serving portions of Wisconsin, Michigan, Minnesota and Illinois. Formed in 2001 as the nation’s first multi-state transmission-only utility, ATC has invested $2.2 billion to improve the adequacy and reliability of its infrastructure.

“WPPI Energy has been involved since the formation of ATC and strongly supports the company’s missions and objectives,” says Peters. “I am pleased to serve on the ATC board of directors.”

Peters replaces former WPPI Energy President and CEO Roy Thilly, who vacated his seat on the ATC board in late February following his retirement from WPPI Energy. Thilly was instrumental in the formation of ATC and served on the board since the company’s inception in 2001.

ATC now is a $2.75 billion company with 9,400 miles of transmission lines and 510 substations. The company is a member of the Midwest ISO regional transmission organization, and provides nondiscriminatory service to all customers, supporting effective competition in energy markets without favoring any market participant.

Peters took the helm as WPPI Energy’s president and CEO in January following an extensive national search. He is an attorney with expertise representing both large and small electric cooperatives in a variety of forums in Kansas, Illinois and Michigan, as well as in Washington, D.C. Peters previously served as president and CEO of the Michigan Electric Cooperative Association, where he was responsible for providing the leadership, management and strategic vision for the statewide trade association representing Michigan’s rural electric cooperative industry. He holds a bachelor of arts degree from the University of Illinois, Urbana and a juris doctorate from the Washburn University School of Law.


No comments: