Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Avista Corp    AVA

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles
The feature you requested does not exist. However, we suggest the following feature:

AVISTA CORP : Other Events (form 8-K)

share with twitter share with LinkedIn share with facebook
share via e-mail
06/15/2018 | 10:59pm CEST

Item 8.01 Other Events. On June 12, 2018, Avista Corporation (Avista Corp. or the Company) and Hydro One Limited (Hydro One) announced that the Montana Public Service Commission (MPSC) has voted to approve the proposed merger, with conditions. In reaching its decision, the MPSC adopted the commitments as originally filed in the docket but reserved, on its own motion, the right to incorporate heightened commitments relevant to Montana established in other jurisdictions. The MPSC did not accept, for rate making purposes in Montana, an accelerated 2027 depreciation schedule for Colstrip, as otherwise agreed to by the parties in Washington. The MPSC also approved the addition of a condition requiring Avista Corp. to submit copies of its integrated resource plans to the MPSC. The final order reflecting the MPSC's vote is expected to be issued later in June or early July. Once the order is issued, the merger will have received all required approvals in Montana. Hydro One and Avista Corp. received approval, with conditions, from the Regulatory Commission of Alaska on June 4, 2018, concluding the merger proceeding in Alaska. The Federal Communications Commission's consent was received on May 4, 2018 to close their merger and antitrust clearance was received on April 5, 2018 after the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction received approval from the Federal Energy Regulatory Commission on January 16, 2018 and from Avista Corp. shareholders on November 21, 2017. The Committee on Foreign Investment in the United States completed its review of the proposed merger on May 18, 2018, and has concluded that there are no unresolved national security concerns with respect to the transaction. Applications for regulatory approval of the transaction are still pending with utility commissions in Washington, Idaho and Oregon. All-parties, all-issues settlement agreements were filed with the Washington Utilities and Transportation Commission on March 27, 2018, with the Idaho Public Utilities Commission on April 13, 2018 and with the Public Utility Commission of Oregon on May 25, 2018. The consummation of the transaction is also subject to other customary closing conditions. The receipt or availability of funds or financing is not a condition to Hydro One's obligation to consummate the merger. Hydro One and Avista Corp. continue to anticipate closing the transaction in the second half of 2018.

© Edgar Online, source Glimpses

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on AVISTA CORP
06/15AVISTA CORP : Other Events (form 8-K)
06/15AVISTA : Skeptical crowd wants 'Idaho first,' questions Avista sale to Canadian ..
06/13HOSTOPIA COM : Montana Public Service Commission votes to approve the Hydro One ..
06/13AVISTA : Some Moscow customers back sale of Avista
06/13HOSTOPIA COM : PSC Approves Purchase of Avista, Part Owner of Colstrip, by Hydro..
06/13AVISTA : FERC Issues Letter Involving Avista
06/13AVISTA : Montana Public Service Commission votes to approve the Hydro One and Av..
06/13Montana Public Service Commission votes to approve the Hydro One and Avista m..
06/10HOSTOPIA COM : Oregon PUC Issues Order Involving Hydro One
06/07AVISTA CORP : Other Events (form 8-K)
More news
News from SeekingAlpha
06/19Merger Arbitrage Mondays - June 18, 2018 
06/13Avista, Hydro One win merger approval from Montana regulator 
05/31Is It Time To Buy Hydro One Shares? 
05/22Hydro One's takeover deal for Avista cleared by CFIUS 
05/21Avista (AVA) Presents At American Gas Association Financial Forum - Slideshow 
Financials ($)
Sales 2018 1 472 M
EBIT 2018 319 M
Net income 2018 136 M
Debt 2018 -
Yield 2018 2,83%
P/E ratio 2018 25,68
P/E ratio 2019 23,09
Capi. / Sales 2018 2,36x
Capi. / Sales 2019 2,09x
Capitalization 3 469 M
Duration : Period :
Avista Corp Technical Analysis Chart | AVA | US05379B1070 | 4-Traders
Technical analysis trends AVISTA CORP
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus UNDERPERFORM
Number of Analysts 3
Average target price 46,5 $
Spread / Average Target -12%
EPS Revisions
Scott L. Morris Chairman & Chief Executive Officer
Dennis P. Vermillion President & Director
Mark T. Thies Chief Financial Officer, Treasurer & Senior VP
James M. Kensok VP, Chief Information & Security Officer
Reed John Taylor Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AVISTA CORP2.56%3 469
ENGIE-7.57%37 521
SEMPRA ENERGY5.77%29 731
ORSTED11.07%24 457