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Stories tagged: Hydro One


UPDATED: Tue., Sept. 18, 2018, 4:59 p.m.

Idaho regulators approve new timeline for Avista sale deliberations

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 …


UPDATED: Fri., Sept. 14, 2018, 12:27 p.m.

Spokane County Treasurer Rob Chase trying to block Avista’s sale

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 …


UPDATED: Wed., Aug. 22, 2018, 2:31 p.m.

Hydro One appoints new board, wants review of Avista purchase to restart

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 …


UPDATED: Mon., Aug. 6, 2018, 7:36 p.m.

Washington regulators schedule October hearing on proposed Avista sale

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.


UPDATED: Wed., Aug. 1, 2018, 7:23 p.m.

Avista CEO notes 2Q earnings ‘above expectations,’ outlines utility’s commitment to gain Hydro One sale approval

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 …


UPDATED: Fri., July 20, 2018, 6:16 p.m.

Washington regulators delay decision on Avista sale

Washington regulators have extended a deadline to Dec. 14 for deciding whether Avista’s sale to Hydro One Ltd. would benefit customers.


UPDATED: Thu., July 19, 2018, 5:48 p.m.

Idaho regulators postpone Monday’s hearing in Avista sale

A technical hearing by Idaho regulators on the proposed merger of Avista and Hydro One has been postponed.


UPDATED: Thu., July 12, 2018, 11:03 p.m.

Analysts: Hydro One shakeup could threaten or delay Avista sale

Financial analysts say the political shakeup at Hydro One could threaten or delay Avista’s $5.3 billion sale to the Toronto-based utility.


UPDATED: Wed., July 11, 2018, 10:44 p.m.

Hydro One CEO and board ousted in political shakeup

Hydro One’s chief executive officer was ousted Wednesday by Ontario’s new premier, and the utility’s entire board of directors submitted resignations.


UPDATED: Thu., June 28, 2018, 9:24 a.m.

Avista golden share gives holder veto power over voluntary bankruptcy

A “golden share” sounds like something that belongs in a fairy tale, but it’s actually a financial term related to utility sales and mergers.


UPDATED: Thu., June 28, 2018, 7:04 a.m.

Opponents worry about Canadian influence on Avista as regulators consider sale

Deliberations over the sale of Avista are heading into the final stretches, prompting utility customers who are opposed to speak up. Concerns about foreign ownership and future rates figure prominently …


Skeptical crowd wants ‘Idaho first,’ questions Avista sale to Canadian utility

North Idaho residents expressed deep suspicions Thursday night about the proposed sale of Avista Corp. to a Canadian utility partly owned by the government of Ontario.


Some Moscow customers back sale of Avista

Backers of a proposed sale of Avista Corp. to the Canadian utility Hydro One praised the deal Tuesday night for the steps it takes toward ending operations at Colstrip, a …


Montana regulators give approval to Avista sale

Montana regulators have approved the sale of Avista Corp. to a Canadian utility. Several states must give their approval to the sale.


UPDATED: Wed., May 23, 2018, 2:31 p.m.

Washington regulators seek answers on foreign ownership, influence of Ontario politics on Avista’s future

Questions about foreign ownership and political influence were aired Tuesday during a regulatory hearing in Olympia on Avista’s proposed sale to the Canadian utility.


UPDATED: Mon., May 21, 2018, 3:03 p.m.

Washington regulators scrutinize Avista sale in Olympia hearings this week

The Washington Utilities and Transportation Commission will hold “evidentiary hearings” this week to review how Avista would operate as a wholly-owned subsidiary of Hydro One Ltd. of Toronto.


Idaho hearings scheduled on Avista’s sale to Hydro One

Idaho regulators will hold hearings in June on Avista’s proposed sale to Hydro One Ltd., of Toronto.


UPDATED: Mon., April 23, 2018, 7:41 p.m.

Washington regulators hear from skeptical crowd at hearing on Avista’s sale to Canadian utility

Avista customers told the Washington Utilities and Transportation Commission on Monday they’re happy with their local electric and natural gas utility, and see little benefit from the company’s $5.3 billion …


Avista’s proposed sale to Hydro One subject of Monday hearing in Spokane Valley

A public hearing on Avista Corp.’s $5.3 billion sale to Hydro One Ltd. takes place Monday afternoon in the Spokane Valley City Council chambers.


Avista, Hydro One file proposed post-sale settlement with Idaho regulators

Avista Corp. and Hydro One Ltd. have filed paperwork with Idaho regulators outlining how Avista would operate after its sale to the Canadian utility.


UPDATED: Fri., April 13, 2018, 10:43 a.m.

Public workshop set to discuss Avista sale

A public workshop on Avista’s proposed sale to Hydro One of Tornoto takes place at 6 p.m. Wednesday in Coeur d’Alene at the Midtown Meeting Center, 1505 N. Fifth St.


UPDATED: Fri., April 6, 2018, 4:59 p.m.

Avista sale to Hydro One passes antitrust test

Avista Corp. has cleared another hurdle in the company’s pending $5.3 billion sale to Hydro One Ltd., of Toronto.


UPDATED: Wed., March 28, 2018, 11:32 a.m.

Washington regulators receive proposed terms for Avista’s sale to Canadian utility

The sale of Avista Corp. to a Canadian utility cleared a major hurdle Tuesday, when the parties outlined conditions in a proposed agreement with Washington regulators.


Scott Morris: Avista sale is good for customers, community

Six months ago, Avista and Hydro One announced plans to combine and form one of North America’s largest regulated utilities. Since that time, as we’ve moved toward closing, our confidence …


Don Brockett: Proposed Avista sale raises important questions

Before the Avista sale to Hydro One, a Canadian company, is approved, several questions should be answered for us, the ratepayers, and the Washington Utilities and Transportation Commission.


Federal energy regulators approve Avista sale to Hydro One

The proposed sale of Avista Corp. to a Canadian utility received approval from the Federal Energy Regulatory Commission last week.


UPDATED: Tue., Nov. 21, 2017, 4:56 p.m.

Avista shareholders approve utility’s sale to Canadian utility Hydro One

With little fanfare, Avista Corp.’s shareholders approved the sale of the 128-year-old company to Hydro One Ltd. on Tuesday. The sale is expected to be final in August.


UPDATED: Tue., Nov. 21, 2017, 1:27 p.m.

Avista shareholders’ expected approval today of a merger with Hydro One of Canada is a long time coming

Hydro One may be the partner Avista has sought for more than 20 years. With its assurances of continued local control, and oversight by utility commissions, the deal may at …


Who owns Avista? Home-grown utility owned by large, institutional investors

On Nov. 21, Avista shareholders will vote on whether to approve the company’s sale to Hydro One, an Ontario utility. Most of the ballots will be cast by large, institutional …


Meet Mayo Schmidt, the former Miami Dolphin who leads Hydro One, the Canadian utility that’s buying Avista

Avista Corp.’s shareholders vote next week on Hydro One’s proposed $5.3 billion purchase of the Spokane utility. Scott Morris, Avista’s chairman and CEO, said the company has found the right …