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Stories tagged: Hydro One


UPDATED: Wed., Nov. 7, 2018, 7:14 p.m.

Gregoire chosen for Avista post-sale board of directors

Former Washington Gov. Chris Gregoire would sit on Avista Corp.’s board of directors if the company is sold to a Canadian utility.


Rob Curley: How one defining moment in Avista CEO Scott Morris’ life helped him work through another – the proposed sale to Hydro One

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 …


Front & Center: Avista CEO Scott Morris discusses the utility’s proposed sale, his role and what it means to his hometown

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 …


Vestal: Avista’s $200,000 for French, Kuney TV ads puts timing, Hydro One sale in spotlight

Avista Corp. gives a lot of money to local candidates. If it leans in any political direction, it is toward incumbency – toward those already in power. But Avista’s recent …


UPDATED: Tue., Oct. 23, 2018, 7:14 p.m.

State regulators have tough questions regarding Avista sale to Canadian utility

Proposed Avista sale to Hydro One prompts tough questions from regulators after Canadian utility’s management shakeup.


UPDATED: Tue., Oct. 16, 2018, 7:11 p.m.

Regulators to conduct hearing Tuesday on proposed Avista sale

Washington regulators have scheduled a Tuesday hearing on Avista Corp.’s proposed sale to Hydro One Ltd., of Toronto.


Avista spends $200,000 supporting county commissioners Kuney and French

Avista Corp. is spending heavily in the Spokane County commissioner races by dropping nearly $200,000 on re-election television advertisements for commissioners Mary Kuney and Al French. In Avista Corp.’s largest …


UPDATED: Wed., Sept. 26, 2018, 11:50 a.m.

Avista sale includes protections against Canadian government influence and rate hikes, consultant says

Avista Corp.’s proposed sale to Hydro One Ltd. has safeguards to protect local customers from Canadian government interference and rate hikes if Toronto-based utility runs into future financial troubles, says …


UPDATED: Wed., Sept. 26, 2018, 11:51 a.m.

Avista executives to receive $18 million payout on day of sale

Thirteen of Avista’s top executives will receive about $18 million in immediate payouts if the Spokane-based utility is sold to Hydro One Ltd., of Toronto.


Avista extends date for sale to Hydro One

Avista Corp. is extending the deadline to complete its $5.3 billion sale to Hydro One Ltd. until March 29, although both companies expect the sale to close in late December.


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.