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Hydro One and Avista file request to reconsider decision in Washington merger case

Avista Corp (AVA)  More Company Research Source: PR Newswire
Last avista corp earnings: 8/7 07:05 am Check Earnings Report
US:NYSE Investor Relations: investor.avistacorp.com/investor-overview
PDF TORONTO and SPOKANE, WA, Dec. 17, 2018 /PRNewswire/ - As announced on December 10, 2018, Hydro One Limited ("Hydro One") (TSX: H) and Avista Corporation ("Avista") (NYSE: AVA) today filed a petition requesting that the Washington Utilities and Transportation Commission ("UTC") reconsider its December 5, 2018 order denying approval of Hydro One's acquisition of Avista, together with a petition requesting that the UTC rehear the matter to accept new evidence.Under Washington law, the UTC has 20 days to act on the petition for reconsideration. If the UTC grants the petition for reconsideration, it may modify its prior order or take any actions it deems appropriate, including extending the timeframe for its deliberations.A copy of the filing can be found at www.utc.wa.gov. About Hydro One LimitedWe are Ontario's largest electricity transmission and distribution provider with more than 1.3 million valued customers, over C$25 billion in assets and 2017 annual revenues of nearly C$6 billion. [Read more]
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