Doug Ford\'s Political Interference Blamed For Collapse Of Hydro One Avista Deal

TORONTO — Washington State regulators have rejected Hydro One Ltd.'s proposed takeover of Avista Corp., citing political interference in the Ontario utility by its largest shareholder — the provincial government.

The Washington Utilities and Transportation Commission said late Wednesday that it found the $6.7-billion deal did not protect the U.S. company and its customers from political and financial risks.

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