Hydro One Avista merger scrapped after failing to get regulatory approvals

Hydro One Avista merger scrapped after failing to get regulatory approvals

Hydro One Avista merger : Ontario’s power utility Hydro One has canceled its previously announced $5.3 billion acquisition of American energy company Avista after failing to get the necessary regulatory approvals. Hydro One and Avista have taken the mutual decision to scrap their merger agreement after the Washington Utilities and Transportation Commission and the Idaho […]