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Avista merger has new timeline

| September 19, 2018 1:00 AM

COEUR d’ALENE — The Idaho Public Utilities Commission set a new schedule Tuesday for the proposed $5.3 billion sale of Avista to Hydro One.

According to the new schedule, the applicants have until Monday to submit supplemental testimony. A settlement conference will take place on Oct. 16, followed by staff and intervenor testimony Nov. 1, company rebuttal testimony Nov. 14, and a technical hearing to begin Nov. 26.

A July 23 technical hearing was canceled after Hydro One’s CEO and board of directors resigned. The interested parties met again Sept. 10 and agreed to a revised schedule that was submitted for commission approval, said a PUC press release.

To learn more, go to: bit.ly/2MIuFyl

Or, go to www.puc.idaho.gov, click on “Open Cases” under the “Electric” or “Natural Gas” heading, and scroll down to AVU-E-17-09 or AVU-G-17-05.