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.
The lawsuit, filed last month in Spokane County Superior Court, alleges Avista provided inadequate equipment to power a planned expansion of Buddy Boy Farms, a large-scale cannabis operation based south of Ford.
Washington regulators denied Hydro One Ltd.’s proposed purchase of Avista Corp., finding the merger does not serve the public interest.
The Idaho Public Utilities Commission on Tuesday afternoon finished its technical hearing on Avista Corp.’s proposed $5.3 billion sale to a Canadian utility.
Hydro One Ltd.’s independence was on the stand Monday, as Idaho attorneys grilled executives about the Canadian government’s influence on the utility trying to buy Avista.
Idaho regulators are raising tough questions about Avista Corp.’s sale to a Canadian utility, and their concerns have the potential to unravel the $5.3 billion deal.
Former Washington Gov. Chris Gregoire would sit on Avista Corp.’s board of directors if the company is sold to a Canadian utility.
Spokesman-Review Editor Rob Curley recently spoke with Avista CEO Scott Morris for a podcast that touched on several aspects of the company’s proposed sale to Hydro One Ltd., including what it means to the community where Morris was raised and went to school.
Scott Morris is the CEO of Avista as it heads directly into one of the biggest and more important moments in the iconic Spokane company’s 128-year history: its pending $5.3 billion sale to Canada’s Hydro One.
Wed., July 19, 2017, 3:06 p.m.