The Montana Public Service Commission has voted to approve the proposed Hydro One Ltd. and Avista Corp. merger with conditions.

In reaching its decision, the commission adopted the commitments as originally filed in this docket but reserved, on its own motion, the right to incorporate heightened commitments relevant to Montana established in other jurisdictions. The commission did not accept, for rate-making purposes in Montana, an accelerated 2027 depreciation schedule for Colstrip, as otherwise agreed to by the parties in Washington. The commission also approved the addition of a condition requiring Avista to submit copies of its integrated resource plans to the commission.

Applications for regulatory approval of the transaction are still pending with utility commissions in Washington, Idaho and Oregon.

For more information, visit www.myAvista.com or www.hydroone.com.