March 17, 2018 / 2:21 AM / 9 months ago

BRIEF-‍Hydro One, Avista Reach Settlement In Principle In Washington Merger Case​

March 16 (Reuters) - Hydro One Ltd:

* ‍HYDRO ONE AND AVISTA REACH SETTLEMENT IN PRINCIPLE IN WASHINGTON MERGER CASE​

* ‍NOTIFICATION OF SETTLEMENT IN PRINCIPLE WITH VARIOUS PARTIES HAS BEEN FILED WITH WASHINGTON UTILITIES AND TRANSPORTATION COMMISSION​

* ‍HYDRO ONE AND AVISTA CONTINUE TO ANTICIPATE CLOSING TRANSACTION IN SECOND HALF OF 2018​

* ‍SETTLEMENT IN PRINCIPLE INCLUDES PROVISIONS RELATED TO FINANCIAL PROTECTIONS FOR UTILITY AND ITS CUSTOMERS, CONSERVATION, ENVIRONMENT​ Source text for Eikon: Further company coverage:

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