News / Federal Energy Regulatory Commission approve Hydro One and Avista Corp. merger

Federal Energy Regulatory Commission approve Hydro One and Avista Corp. merger

🕔 January 25, 2018
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The Federal Energy Regulatory Commission of the USA has approved the merger application filed by Hydro One Limited in Canada and Avista Corporation in the US. The application, filed in September 2017, concerns a definitive merger agreement under which Hydro One will acquire Avista for CAD67 million (US$53 million) per share in a CAD6.7 billion (US$5.3 billion) all-cash transaction.


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