Hydro One, Avista Win FERC Approval to Merge into Utility with $1.5 Billion in Active Projects

SUGAR LAND--January 22, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Federal Energy Regulatory Commission (FERC) last week approved the $5.3 billion merger of Hydro One Networks Incorporated (TSX:H) (Toronto, Ontario) and Avista Corporation (NYSE:AVA) (Spokane, Washington), paving the way for what could be one of North America's largest regulated utilities. The deal is expected to close in the second half of this year, assuming other federal and state-level authorizations are obtained. Industrial Info is tracking $1.48 billion in active projects involving Hydro One or Avista.

Within this article: Details on some of the highest-valued active projects involving Hydro One or Avista, including the East-West Tie Transmission Project in Ontario, and proposed additions to hydro stations in Idaho and Washington.