These are the facts: Fact 1 – The CEO and board of Avista Corp would receive $51 Million upon close of the merger. Fact 2 – The existing stockholders of Avista would receive a premium of 24% for their shares during mandated buyback at the close of the merger. Fact 3 – Hydro One is a company owned by […]
The red arrow in the above image shows the cost of electricity in Hydro One’s territory in Canada at 36 cents per kilowatt hour. If Hydro One takes over, this is what is coming to Washington, Idaho, Montana, Alaska, and Oregon. PHOTO (right): Idaho Public Utilities Commission Hearing on Avista takeover by Canada’s Hydro One […]
The Avista sale to Hydro One, and subjecting Avista customers to Hydro One, is wrong for several reasons as I discuss here and could bring severe impacts on Avista customers if cross-border practices are carried into the U.S. from Ontario by Hydro One. If practices are translated here, the effect will be traumatic, extremely costly, […]