05-12-2018 23:56 via saultonline.com

Washington State regulators rejected Hydro One’s Avista takeover

TORONTO — Washington State regulators say they have denied Hydro One Ltd.’s proposed takeover of Avista Corp. citing political interference in the Ontario utility by the Doug Ford government. The Washington Utilities and Transportation Commission says it found the deal, which valued Avista at $6.7-billion, to not be in the public interest after it became […]
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