homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

December 6, 2018

State denies $5.3B sale of Avista Corp.

OLYMPIA (AP) — Washington state regulators have denied the proposed $5.3 billion sale of Spokane, Washington-based Avista Corp. to a Canadian utility.

The Utilities and Transportation Commission said in Wednesday's order that the proposed merger with Toronto-based Hydro One Ltd. doesn't adequately protect Avista or the utility's customers from political or financial risk.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.