avista – Thinking Port

Ownership Shakeup at Colstrip Coal Power Plant

December 12, 2019 admin avista, Business, Coal, colstrip, news, northwestern energy, O&M, power plant, pse, puget sound energy, transaction

Credit to Author: Aaron Larson| Date: Thu, 12 Dec 2019 14:31:23 +0000

The post Ownership Shakeup at Colstrip Coal Power Plant appeared first on POWER Magazine.

NorthWestern Energy said it will file an application with the Montana Public Service Commission for pre-approval to acquire Puget Sound Energy’s (PSE’s) 25% interest in Colstrip Unit 4, which is a 740-MW coal-fired boiler. The price? $1. “Securing more capacity for only a $1 investment is a unique opportunity that helps give us the time […]

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After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead

January 23, 2019 admin avista, Business, deal, ferc, hydro one, idaho, Legal & Regulatory, Markets, merger, Montana, news, Ontario, T&D, terminate, Washington

Credit to Author: Sonal Patel| Date: Thu, 24 Jan 2019 00:33:47 +0000

Hydro One, Ontario’s largest transmission and distribution provider, and Spokane, Washington–based U.S. utility Avista Corp., have dropped their merger, citing separate denials of the $5.3 billion deal by regulators in Washington and Idaho. The companies said on Jan. 23 they “mutually agreed” to terminate a merger agreement they announced in July 2017. As required by […]

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