SPOKANE, Wash. (AP) — The chairman and chief executive officer of Spokane-based Avista Corp. says he will retire early next year.
Scott Morris informed the utility's board of directors that...
Avista, Hydro One abandon plans for sale
SPOKANE, Wash. (AP) — The Spokane, Washington-based Avista Corp. and Hydro One Ltd. have abandoned plans for the Canadian utility to buy Avista.
Idaho commission denies sale of Avista to Canadian company
BOISE, Idaho (AP) — Avista Corp.'s proposed sale to Hydro One Ltd. of Toronto has been denied by the Idaho Public Utilities Commission.
The Spokesman-Review says Thursday's action follows similar action last month by Washington regulators, who also denied the sale of the Spokane-based utility.
Analyst says Spokane-based utility remains takeover target
SPOKANE, Wash. (AP) — Spokane-based Avista Corp. remains a likely takeover target, even though the utility's plan to be purchased by a Canadian company is apparently dead.
A financial analyst told The Spokeman-Review Thursday that Avista probably won't remain a stand-alone company.
Washington state denies Avista’s sale to Canadian utility
OLYMPIA, Wash. (AP) — Washington state utility regulators on Wednesday denied the proposed $5.3 billion sale of Spokane-based Avista Corp. to a Canadian utility.
The Washington Utilities and Transportation Commission said the proposed merger with Toronto-based Hydro One Ltd. doesn't adequately protect Avista or the utility's customers from political or financial risk, and that isn't in the public's interest.
Idaho regulators question Avista’s sale to Canadian utility
SPOKANE, Wash. (AP) — Idaho public utility officials are raising questions about Spokane, Washington-based energy company Avista Corp.'s sale to a Canadian utility, and their concerns have the potential to unravel the $5.3 billion deal.
State commission scrutinizes sale of Avista Corp.
SPOKANE, Wash. (AP) — The proposed sale of a Spokane-based utility to a Canadian company came under intense scrutiny from Washington regulators this week.
The state Utilities and Transportation Commission held a lengthy hearing in Olympia on Tuesday, with members asking how they could protect Northwest customers from bad decisions by the Ontario government.
The Spokesman-Review says Hydro One Ltd. is trying to buy Avista Corp. for $5.3 billion.
Avista’s proposed sale to Hydro One subject of Monday hearing in Spokane Valley
Got some thoughts on Avista’s proposed sale to a Canadian company? Monday is your chance to weigh in.
A public hearing on Avista Corp.’s $5.3 billion sale to Hydro One Ltd., of Toronto, takes place Monday afternoon in the Spokane Valley City Council chambers. On Tuesday, a second hearing is scheduled in Colville.
Meet Mayo Schmidt, the former Miami Dolphin who leads Hydro One, the Canadian utility that’s buying Avista
Mayo Schmidt’s career with the Miami Dolphins ended when he realized he’d score more touchdowns in business than football.
In 1980, Hydro One Ltd.’s future chief executive walked away from a three-year contract with the Dolphins to work in agribusiness. It was a weighty decision for a 22-year-old, Schmidt said, but one he’s never regretted.