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
- TxDOT advances massive drainage tunnel beneath I-35 in Austin
- Glenfarne Alaska LNG targets late-2026 construction start for 807-mile pipeline project
- U.S. water reuse boom to fuel $47 billion in infrastructure spending through 2035
- $2.3 billion approved to construct 236-mile Texas-to-Gulf gas pipeline
- Major water pipe break in Puerto Rico hits over 165,000 customers
- Pennsylvania American Water launches interactive map to identify, replace lead water service lines
- Trump's tariffs drive $33 million cost increase for Cincinnati sewer project
- Utah city launches historic $70 million tunnel project using box jacking under active rail line
- Tulsa residents warned after sewer lines damaged by boring work
- Fatal trench collapse halts sewer construction in Massachusetts; two workers hospitalized
Comments