Oregon regulators have halted their review of Avista’s proposed $5.3 billion sale to Hydro One Ltd., after the transaction was denied in Washington and Idaho.
Spokane Community College canceled classes Monday due to a campuswide power outage. A post on the school’s Facebook page said classes would resume on Tuesday.
Washington state regulators have declined to reconsider the proposed sale of Avista Corp. to Toronto-based Hydro One Ltd.
Avista Corp.’s proposed $5.3 billion sale to a Canadian utility took another hit Thursday, when a second state moved to block the sale.
Washington regulators erred when they blocked Avista Corp.’s sale to Hydro One Ltd. by exaggerating the political risks to Avista’s customers from the province of Ontario’s ownership in Hydro One, the two companies argued Monday.
Setting up a public entity to buy Avista may be unprecedented and definitely faces obstacles.
Avista Corp. and Hydro One Ltd. will ask Washington regulators to reconsider their Dec. 5 decision denying the $5.3 billion sale of Avista to the Toronto utility.
A hearing in Olympia last May offered hints that Avista Corp.’s sale to Hydro One Ltd. was headed for trouble.
Those of us who pay Avista to heat our homes owe a big thanks to Washington state regulators today.
Avista Corp. remains a likely takeover target, even though the Spokane-based utility’s plan to be purchased by a Canadian company is apparently dead.
Wed., July 19, 2017, 3:06 p.m.