Montana regulators give approval to Avista sale

The headquarters of Avista Corp. (Jesse Tinsley / The Spokesman-Review)
From staff and wire reports

Montana regulators have approved the sale of Avista Corp. to a Canadian utility.

The Montana Public Service Commission voted Tuesday for Toronto-based Hydro One’s acquisition of Spokane-based Avista. Utilities commissions in states where Avista operates must approve the sale for it to go through.

The Regulatory Commission of Alaska approved the sale last week. Decisions are pending in Washington, Idaho and Oregon.

Avista is a co-owner of the Colstrip plant, a major eastern Montana economic driver that is under pressure to close from environmental groups and other states. The proposed sale could have implications for the coal-fired plant.

Avista and Hydro One set a 2027 end-of-life depreciation schedule for Colstrip’s two newer units, a date commissioners say is too soon and politically driven.

Thank you for visiting Spokesman.com. To continue reading this story and enjoying our local journalism please subscribe or log in.

You have reached your article limit for this month.

Subscribe now and enjoy unlimited digital access to Spokesman.com

Unlimited Digital Access

Stay connected to Spokane for as little as 99¢!

Subscribe for access

Already a Spokesman-Review subscriber? Activate or Log in

You have reached your article limit for this month.

Subscribe now and enjoy unlimited digital access to Spokesman.com

Unlimited Digital Access

Stay connected to Spokane for as little as 99¢!

Subscribe for access

Already a Spokesman-Review subscriber? Activate or Log in

Oops, it appears there has been a technical problem. To access this content as intended, please try reloading the page or returning at a later time. Already a Spokesman-Review subscriber? Activate or Log in