Idaho regulators said they may not be ready to make a decision by mid-December on whether or not to approve the $5.3 billion sale of Avista Corp. to Hydro One Ltd., of Toronto.
Rob Chase doesn’t want Avista Corp. to sell to a Canadian utility, and the Spokane County commissioner candidate says he’s deploying a little-known part of federal laws to try to block it. Washington regulators, however, said the laws Chase cites don’t apply to the sale.
Hydro One Ltd. has installed a new board of directors in the aftermath of a political shake-up that jolted the utility’s efforts to acquire Avista Corp. The Canadian utility wants Idaho regulators’ review of the proposed sale to resume.
The Washington Utilities and Transportation Commission has scheduled an Oct. 23 technical hearing on the proposed $5.3 billion sale to Hydro One Ltd. of Toronto.
Avista Corp.’s earnings during the second quarter exceeded expectations, said Chairman and CEO Scott Morris, who also reiterated the Spokane-based utility’s commitment to gain regulatory approval of its proposed sale to Hydro One. Ltd., of Toronto.
A downed power line in downtown Spokane Tuesday afternoon led to brief bouts of chaos as cars navigated street-light-less roads and hospitals operated on backup generators.
Washington regulators have extended a deadline to Dec. 14 for deciding whether Avista’s sale to Hydro One Ltd. would benefit customers.
A technical hearing by Idaho regulators on the proposed merger of Avista and Hydro One has been postponed.
Firefighters said Thursday morning that the Upriver Beacon fire has been largely contained.
People returned to their homes in the Beacon Hill area Wednesday morning after a fast-moving wildfire burned more than 115 acres and forced evacuations.
July 20, 2017
July 19, 2017
Wed., July 19, 2017, 3:06 p.m.