HomeMy WebLinkAbout20181211Comment.pdf12-5-2018
Idaho Public Utility
472 West Washington St
Boise Id 83702
Re:Proposed acquisition of Avista by Hydro One
Dear Commissions and Staff:
I am vehementlyopposed to Hydro One's purchase of Avista.
Theysay nothing will change.Do you really believe that?
Reports say the board gets 55 million dollars when the sale goes throughand the CEOget15milliondollars.Why wouldn't theysay -if you are a board member -"this is a good dealfortheshareholders"?Really --Come on!
We heard the same thing in the Enron era about the value of consolidation,yet Avista
has continued to thrive and provide excellent service.
And whyand how would you allow a foreign countryto own an asset as essential as autility?My understanding is their governmentowns 48%of Hydro One.
I urge a vote no.
ick Vail
2361 Lakeshore Dr
Sagle Id 83860
cc:Avista Inc
1411 E Mission AveSpokaneWa99252