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HomeMy WebLinkAbout20190115Oregon Order.pdfORDER NO. 1 9-008 ENTERED Jan 14 2019F{ilf;il1v[f] ?{j!]J&F4 t5 PH lrt lh ssl0i'l BEFORE THE PUBLIC UTILITY COMMISSION OF OREGON uM 1897 In the Matter of HYDRO ONE LIMITED,ORDER Application for Authori zation to Exercise Substantial Influence over the Policies and Actions of AVISTA CORPORATION. DISPOSITION: OFFICIAL NOTICE TAKEN, DOCKET HELD IN ABEYANCE On December 5,2018, and January 3,2019, respectively, utility regulators in the State of Washington and the State of Idaho denied the proposed acquisition of Avista Corporation by Hydro One Limited. Specifically, the Washington Utilities and Transportation Commission found that the proposed transaction which is the subject this docket was "not consistent with the public interest" and denied the application.l One month later, the Idaho Public Utilities Commission found that approval of the merger would violate state law, and denied a request to approve the merger.2 We take official notice of the denials of the Washington Utilities and Transportation Commission and the Idaho Public Utilities Commission. The fact of these denials is not the subject of dispute because it is generally known to all parties and can be accurately and readily determined from publications of both state Commissions.3 Having taken notice of the regulatory denials in Washington and Idaho, we determine that no justiciable controversy currently exists for us to resolve. The approval of the transaction in Washington and Idaho is necessary for the proposed agreement, and I In the Matter of the Joint Application of HYDRO ONE LIMITED (acting through its indirect subsidiary, Olympus Equity LLC) and AVISTA CORPORATION For an Order Authorizing Proposed Transaction, Docket No. U-I70970, Order No. 07 at 43 (Dec 5, 2018). The Washington Utilities and Transportation Commission took no action on a petition from Hydro One and Avista to reconsider the rejection of the proposed merger, effectively denying the petition by operation of law. 2 In the Matter of the Joint Application of Hydro One Limited and Avista Corporationfor Approval of Merger Agreement, Case Nos. AVU-E-17-09 and AVU-G-I7-05, Order No.34226 at 14 (Jan3,2019). 3 Consistent with OAR 860-001 -0460 , a party to this proceeding is entitled to be heard on the propriety of taking official notice and the nature of the facts noticed, and may object to the facts noticed within l5 days. oRDER NO. 1 9-008 therefore impacts this proceeding directly. Accordingly, the Commission will hold this proceeding in abeyance until the applicants inforrr the Commission that they have sought a reversal of these decisions through appeal or other means that would provide a justiciable issue for the Commission to address. ORDER IT IS ORDERED that the current procedural schedule of this proceeding is suspended indefinitely. Made, entered, and effective Jan 14 2019 69.* Megan W. Decker Chair Stephen M. Bloom Commissioner *A*Zr{bf Letha Tawney Commissioner 2 wb^_