Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Tuesday, November 19, 2019  Spokane, Washington  Est. May 19, 1883
Cloudy 43° Cloudy


Stories tagged: avista sale

GOP stalls energy bill vote, gives Inslee a win

Senate Republicans’ maneuver gave Gov. Jay Inslee a win just as he was announcing his run for president.

UPDATED: Wed., Dec. 5, 2018

Washington regulators shut down $5.3 billion Avista sale to Ontario’s Hydro One

Washington regulators denied Hydro One Ltd.’s proposed purchase of Avista Corp., finding the merger does not serve the public interest.

UPDATED: Thu., July 12, 2018

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.

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 …

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 …

10 answers to pressing questions about the sale of Avista Corp. to Hydro One

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 …

UPDATED: Mon., Sept. 18, 2017

Documents reveal corporate suitors’ wooing of Avista Corp., ultimate sale to Hydro One

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

Burden of decision: A native son climbs to Avista’s top job, then arranges the sale of the company

Avista’s sale is a weighty decision, CEO Scott Morris said in a recent interview, but one he thinks history will look favorably on.

Avista’s ownership in a Montana coal plant is under scrutiny in Ontario, which has banned coal-fired electricity

With Avista Corp. poised to be acquired by Hydro One of Ontario in a $5.3 billion sale next year, the Spokane-based utility’s partial ownership in a Montana coal plant has …

Doug Clark: A friendly hello from your new Canadian overlords

Greetings, Yankee ratepayers! Welcome to our first installment of Ask Hydro One, formerly known as Ask Avista.

Editorial: Before Avista pulls up its roots, regulators and customers will have a say

Remember the Washington Water Power Co.? It’s still here, but as Avista after a 1999 rebranding that confused and irked a community that had grown up side-by-side with its utility …

UPDATED: Fri., July 21, 2017

Avista sale latest in trend of Canadian utility acquisitions

Large Canadian power companies have been snapping up smaller American ones for several years, paying tens of billions of dollars to expand their geographic footprint in a country that offers …

UPDATED: Fri., July 21, 2017

Sale of Avista would require ‘net benefits’ to ratepayers, Washington regulators say

Things to know about the proposed Avista sale: Scott Morris’ stock is worth about $10 million under this deal. Avista’s sales price has caused a stir in Canada, where Hydro …

UPDATED: Wed., July 19, 2017

Avista’s community leadership role expected to continue

For more than a century, Avista and Washington Water Power Co. contributed leadership and charitable support to the Spokane area’s economic development and civic betterment initiatives.

UPDATED: Wed., July 19, 2017

Local leaders offer optimism following Avista’s announced sale to Hydro One

City, county and state elected officials said Wednesday they were heartened by the utility’s public message following the announced sale that it would maintain its commitment to partnerships in and …

UPDATED: Thu., July 20, 2017

Avista selling to Canadian firm Hydro One for $5.3 billion

Avista is being sold for $5.3 billion to a Canadian company called Hydro One, the companies announced Wednesday.