Avista acquires Alaska Energy in $170M deal


Avista (AVA) agrees to acquire privately-held Alaska Energy and Resources, the state's oldest regulated electric utility, for $170M.

AVA expects the addition to be slightly negative to earnings in 2014 and that it will contribute positively to earnings in 2015.

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  • wcmorse
    , contributor
    Comments (2) | Send Message
     
    I have owned Alaska Energy since 1989.
    9 Apr 2014, 12:31 AM Reply Like
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