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-Hydro One and Avista receive decision on reconsideration petition in Washington

Jan 09, 2019 - ENP Newswire
Mergers and Acquisitions

Today, the Washington Utilities and Transportation Commission ('UTC') gave notice ('Notice') of the deemed denial by operation of law of the petition filed by Hydro One Limited ('Hydro One') (TSX: H) and Avista Corporation ('Avista') (NYSE: AVA) requesting the UTC to reconsider its denial of approval for Hydro One's acquisition of Avista.

In the same Notice, the UTC also denied the petition for a rehearing on the basis that it is moot. The companies are disappointed in the UTC's decision a...