Avista Corp.’s proposed sale to Hydro One Ltd. of Toronto has been denied by the Idaho Public Utilities Commission. Source: Idaho regulators deny sale of Avista to Canadian utility | The Spokesman-Review This decision by Idaho regulators follows the early December decision by Washington to also reject the sale. That article here.
via Avista Falls as `Political’ Risk Foils $3 Billion Hydro One Deal – Bloomberg
Fun fact: nearly 1 in 3 US residential household struggles to pay their electric bill. Source: How Affordable is Your Electricity? Comparing Electric Rates, Bills, and Burden – Union of Concerned Scientists
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. Source: Idaho regulators asking hard questions about Avista’s sale to Canadian utility | The Spokesman-Review