Hydro One, Avista Ask Washington Regulator to Reconsider Denial of $5.3 Billion Merger Citing ‘Legal Error’
Canada-based Hydro One Limited and Washington-based Avista Corporation said that the Washington Utilities and Transportation Commission erred in denying their proposed merger because the agency’s risk assessment was based on “generalized fears of political interference” and failed to take into account the commitments that protect the U.S. company from any influence by the Province of…
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