Regulators in Washington state have blocked the acquisition of Alaska Electric Light & Power’s parent company by a Canadian utility. AEL&P serves about 17,000 homes and businesses in Juneau.
"Doug Ford"
After Hydro One leaders resign, Avista reassures regulators about merger
Alaska Electric Light & Power said political pressures in Ontario won’t affect the acquisition of its parent company Avista by Hydro One of Toronto. But market analysts warn of new uncertainty over the $5.3 billion deal.