After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead

Credit to Author: Sonal Patel| Date: Thu, 24 Jan 2019 00:33:47 +0000

Hydro One, Ontario’s largest transmission and distribution provider, and Spokane, Washington–based U.S. utility Avista Corp., have dropped their merger, citing separate denials of the $5.3 billion deal by regulators in Washington and Idaho. The companies said on Jan. 23 they “mutually agreed” to terminate a merger agreement they announced in July 2017. As required by […]

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