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Friday, August 23, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: Hydro One


UPDATED: Fri., Feb. 8, 2019, 7:44 p.m.

Avista will seek customer rate increases in 2020

Avista will ask regulators in Washington, Idaho and Oregon to approve higher rates for electricity and natural gas that would take effect in early 2020.


UPDATED: Wed., Jan. 23, 2019, 10:49 p.m.

Avista, Hydro One abandon plans for sale

Wednesday’s decision by the two companies came after regulators in Washington and Idaho denied approval of the $5.3 billion sale of the Avista to the Canadian utility.


Oregon regulators halt review of Avista sale

Oregon regulators have halted their review of Avista’s proposed $5.3 billion sale to Hydro One Ltd., after the transaction was denied in Washington and Idaho.


UPDATED: Tue., Jan. 8, 2019, 7:13 p.m.

Washington regulators won’t reconsider decision to deny Avista sale to Hydro One

Washington state regulators have declined to reconsider the proposed sale of Avista Corp. to Toronto-based Hydro One Ltd.


UPDATED: Thu., Jan. 3, 2019, 10:50 p.m.

Idaho regulators deny sale of Avista to Canadian utility

Avista Corp.’s proposed $5.3 billion sale to a Canadian utility took another hit Thursday, when a second state moved to block the sale.


UPDATED: Mon., Dec. 17, 2018, 7:31 p.m.

Avista, Hydro One say Washington regulators erred in blocking $5.3 billion sale

Washington regulators erred when they blocked Avista Corp.’s sale to Hydro One Ltd. by exaggerating the political risks to Avista’s customers from the province of Ontario’s ownership in Hydro One, …


Plan for public group to buy Avista has major obstacles

Setting up a public entity to buy Avista may be unprecedented and definitely faces obstacles.


UPDATED: Tue., Dec. 11, 2018, 6:30 p.m.

Avista and Hydro One ask Washington regulators to reconsider denial of $5.3 billion sale

Avista Corp. and Hydro One Ltd. will ask Washington regulators to reconsider their Dec. 5 decision denying the $5.3 billion sale of Avista to the Toronto utility.


Avista deal began to unravel over the summer with Ontario elections

A hearing in Olympia last May offered hints that Avista Corp.’s sale to Hydro One Ltd. was headed for trouble.


Shawn Vestal: A thank you to regulators who nixed Avista deal

Those of us who pay Avista to heat our homes owe a big thanks to Washington state regulators today.


UPDATED: Fri., Dec. 7, 2018, 11:50 a.m.

Avista may seek another ‘white knight’

Avista Corp. remains a likely takeover target, even though the Spokane-based utility’s plan to be purchased by a Canadian company is apparently dead.


UPDATED: Wed., Dec. 5, 2018, 9:37 p.m.

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: Tue., Nov. 27, 2018, 4:44 p.m.

Idaho regulators wrap up hearings on proposed Avista sale

The Idaho Public Utilities Commission on Tuesday afternoon finished its technical hearing on Avista Corp.’s proposed $5.3 billion sale to a Canadian utility.


UPDATED: Tue., Nov. 27, 2018, 6:27 a.m.

Idaho regulators question if Canadian politics could hurt Avista if sale to Hydro One is approved

Hydro One Ltd.’s independence was on the stand Monday, as Idaho attorneys grilled executives about the Canadian government’s influence on the utility trying to buy Avista.


Idaho regulators asking hard questions about Avista’s sale to Canadian utility

Idaho regulators are raising tough questions about Avista Corp.’s sale to a Canadian utility, and their concerns have the potential to unravel the $5.3 billion deal.


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.


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 …


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 …


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 …