Stories tagged: Hydro One
UPDATED: Fri., July 20, 2018, 6:16 p.m.
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.
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.
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’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.
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.
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 …
Fri., June 15, 2018
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.
Wed., June 13, 2018, 8:44 a.m.
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 …
Tue., June 12, 2018, 4:08 p.m.
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.
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.
Wed., May 9, 2018
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.
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 …
Sun., April 22, 2018, 7 a.m.
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.
Mon., April 16, 2018, 5:21 p.m.
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.
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 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.
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.
Tue., Feb. 13, 2018
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 …
Sat., Feb. 3, 2018
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.
Tue., Jan. 23, 2018, 5:34 p.m.
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.
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 …
Sun., Nov. 12, 2017
The proposed sale of Avista Corp. to Hydro One for $5.3 billion would chart new territory for customers of the Spokane-based utility. Next week’s shareholder vote is a major milestone …
Sun., Nov. 12, 2017
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 …
Sun., Nov. 12, 2017
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 …
UPDATED: Tue., Nov. 7, 2017, 4:41 p.m.
If Avista Corp. is purchased by Canadian company Hydro One, customers of the Spokane-based utility will receive rate credits worth $31 million over the next decade.
UPDATED: Wed., Nov. 1, 2017, 1:43 p.m.
Acquisition costs related to Avista Corp.’s proposed purchase by Hydro One of Ontario led to lower third-quarter earnings for the Spokane-based utility.
UPDATED: Mon., Sept. 18, 2017, 10:49 a.m.
As spring ripened into summer, Avista Corp. entertained merger/purchase proposals from five prospective suitors. In recently released documents, the utility revealed the corporate courtship that led to its proposed $5.3 …
UPDATED: Mon., Aug. 14, 2017, 11:26 a.m.
Avista’s sale is a weighty decision, CEO Scott Morris said in a recent interview, but one he thinks history will look favorably on.