FERC Approves Avista, Hydro One Merger
1/16/2018
Hydro One Limited and Avista Corporation have received approval from the Federal Energy Regulatory Commission (FERC) on the companies’ merger application filed on Sept. 14, 2017.
“This marks another important milestone in bringing together Hydro One and Avista,” said Mayo Schmidt, President and CEO, Hydro One. “As we continue on the journey to obtain the other necessary regulatory approvals, we are confident that bringing together our two companies will deliver long-term value.”
Applications for regulatory approval of the transaction are still pending with utility commissions in Washington, Idaho, Oregon, Montana and Alaska.
Related News
From Archive
Sign up to Receive Our Newsletter
- HDD industry faces challenges as cities push back on fiber drilling disruptions
- 2 workers killed, 1 injured while working on sewer line in Mobile, Ala.
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
- Tunnel boring continues under Chesapeake Bay for $3.9 billion HRBT Expansion project
- Judge approves construction for key portion of $485 million pipeline in Larimer County, Colo.
- New products: Latest industry developments
- 31 workers rescued after LA tunnel partially collapses
- Ohio Supreme Court rules sewer line location isn’t a ‘defect’ in property dispute
- Faulconer Construction begins rock blasting for water pipeline project in Charlottesville, Va.
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
Comments