“We’re the pig,” Semanko says, which is his take on the Idaho ratepayers who await the final word from the state’s public utilities commission on the proposed $5.3-billion (U.S.) deal. It is the obligation of the commission to determine whether the merger is in the public interest. “With regard to foreign ownership in particular, Staff believes Idaho Code 61-327 may provide a total bar to the proposed merger,” Carlock testified. They still very much exercise control over Hydro One.” Avista CEO Scott Morris had previously testified that such a foreign takeover would not be unique. “The vast majority of public comments oppose the merger,” the commission said.
Source: thestar November 23, 2018 15:45 UTC