Hydro One, Avista call off merger citing Washington and Idaho rejections
Under the terms of the merger agreement, US$103 million in termination fees go to Avista.
Washington State regulator denies bid to reconsider Hydro One-Avista deal
The regulator is worried about interference from Ontario’s Ford government.
Hydro One, Avista say Washington State regulator erred; request rehearing
Washington state regulators had said they would not allow Ontario’s largest utility to buy Avista for fear the provincial government might meddle in its operations.
Hydro One, Avista asking US regulator to reconsider denied acquisition
UTC can modify the prior order or take actions it deems appropriate, including extending deliberations.
Hydro One’s merger with US energy firm Avista clears another hurdle
US Committee on Foreign Investment has found no unresolved national security concerns.