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SPOKANE, Wash., April 05, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2024 results on Wednesday, May 1, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with first quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on May 1, 2024. This call can be accessed on Avista’s website at investor.avistacorp.com . You must pre-register for the call via the Presentations and Events...

SPOKANE, Wash., March 04, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) , a Washington state-based energy company with operations spanning five states, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2024 World’s Most E thical Companies . Avista has been recognized by Ethisphere for five consecutive years since 2020 and is one of only 8 honorees in the Energy and Utilities industry. In 2024, 136...

2023 consolidated earnings per diluted share of $2.24 Significant improvement in Avista Utilities earnings reflects the benefits of cost recovery and cost management 2024 consolidated earnings guidance initiated at $2.36 to $2.56 per diluted share SPOKANE, Wash., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today announced financial results for 2023. Net income and earnings per diluted share for the fourth quarter and the year ended Dec. 31, 2023 (year-to-date) as compared to the...

SPOKANE, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock, an increase of $0.015 per share, yielding an annualized dividend of $1.90. The common stock dividend is payable March 15, 2024, to shareholders of record at the close of business on February 23, 2024. “The dividend increase approved by the board of directors marks the twenty-second consecutive year the board...

SPOKANE, Wash., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Avista recently signed an agreement with Pine Creek RNG (“Pine Creek”) to purchase renewable natural gas (“RNG”) to be produced at the Quad Cities Landfill in Milan, IL. The Quad Cities Landfill is owned by Millennium Waste Incorporated, a subsidiary of Waste Connections. In October 2022, Avista released a request for proposal (RFP) to secure RNG resources for its customers over the long term. RNG is derived from organic waste streams...

SPOKANE, Wash., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Today Avista (NYSE: AVA) filed a multi-year rate plan with the Washington Utilities and Transportation Commission (WUTC or Commission) that, if approved, would allow the Company to recover increased operating and maintenance costs and ongoing investments to infrastructure, technology and more. If approved, new rates would be effective in Dec. 2024 and Dec. 2025. “The effects of inflation impacted the entire country, and the cost of doing...

SPOKANE, Wash., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2023 results on Wednesday, February 21, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with fourth quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on February 21, 2024. This call can be accessed on Avista’s website at investor.avistacorp.com . You must pre-register for the call via the...

The latest environmental, social and governance (ESG) information can be found at avistacorp.com . SPOKANE, Wash., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) published its latest Corporate Responsibility report and other environmental, social and governance (ESG) information on its corporate website, avistacorp.com . The content reports on Avista’s operations and includes commitments in four areas: environment, people, customers and communities, and ethical governance. The...

SPOKANE, Wash., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.46 per share on the company’s common stock. The common stock dividend is payable December 15, 2023, to shareholders of record at the close of business on November 17, 2023. The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors,...

SPOKANE, Wash., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income of $14.7 million, or earnings of $0.19 per diluted share, for the third quarter of 2023, compared to a net loss of $5.8 million, or $0.08 per diluted share, for the third quarter of 2022. For the nine months ended Sept. 30, 2023, net income was $87.0 million, or $1.14 per diluted share, compared to $77.2 million, or $1.06 per diluted share for the nine months ended Sept. 30, 2022. “Avista...

SPOKANE, Wash., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE:AVA) received approval from the Public Utility Commission of Oregon (OPUC or Commission) of the settlement agreement that was filed on August 3, 2023, concluding the Company’s natural gas general rate case. The approved rates are designed to increase annual natural gas revenues by $7.16 million or 4.7%, effective Jan. 1, 2024. The settlement capital structure includes a 9.5% return on equity (ROE) with a common equity ratio of 50%...

SPOKANE, Wash., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2023 results on Wednesday, November 1, 2023, at 10:30 a.m. Eastern Daylight Time. A news release with third quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on November 1, 2023. This call can be accessed on Avista’s website at investor.avistacorp.com . You must pre-register for the call via the Presentations...

SPOKANE, Wash., Oct. 04, 2023 (GLOBE NEWSWIRE) -- The Avista Foundation announced its third quarter grants today, awarding more than $171,000 to 24 non-profit organizations in Washington, Idaho, Oregon, Montana, and Alaska. The grants are intended to directly benefit Economic and Community Vitality. “We’re committed to investing in our communities,” said Dennis Vermillion, Avista CEO, “and supporting organizations that foster economic and community vitality is part of this commitment.”...

SPOKANE, Wash., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) announced that Senior Vice President and Chief Operating Officer Heather Rosentrater will become President and COO, making her the first female President in the company’s 134 year history. Dennis Vermillion will remain Avista’s Chief Executive Officer. The changes will go into effect on Oct. 1, 2023. At age 46, Rosentrater will be the company’s 15 th President since it was founded in 1889. Rosentrater has spent...

SPOKANE, Wash., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) or responsibly sourced gas (RSG) resources for its customers over the long term. RNG is derived from organic waste streams that would otherwise release methane to the environment as they decompose. These sources include, for example, landfills, wastewater treatment plants, food waste and dairy waste. RNG is produced by capturing that methane that would...

SPOKANE, Wash., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made annual rate adjustment filings with the utility commissions in Washington and Idaho that, if approved, will result in an increase in electric rates and decrease in natural gas rates in Washington, and increase natural gas rates in Idaho, effective November 1, 2023. Washington Electric Adjustment Filings Four electric adjustments were filed, that if approved, are designed to change overall electric revenues as follows:...

SPOKANE, Wash., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE:AVA) received approval from the Idaho Public Utilities Commission (IPUC or Commission) of the multiparty settlement agreement that was filed on June 14, 2023, concluding the Company’s electric and natural gas general rate cases. New electric rates take effect Sept. 1, 2023 and Sept 1, 2024. The approved rates are designed to increase annual base electric revenues by $22.1 million or 8.0%, effective Sept. 1, 2023, and by $4.3...

SPOKANE, Wash., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) , the Staff of the Public Utility Commission of Oregon (Commission), the Oregon Citizens’ Utility Board (“CUB”), Alliance of Western Energy Consumers (“AWEC”), and the joint intervenor Sierra Club/Climate Solutions, parties to the Company’s natural gas general rate case, have reached a settlement agreement that has been submitted to the Commission for its consideration, and which would resolve all remaining issues...

SPOKANE, Wash., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.46 per share on the company’s common stock. The common stock dividend is payable September 15, 2023, to shareholders of record at the close of business on August 18, 2023. The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors,...

SPOKANE, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income of $17.5 million, or earnings of $0.23 per diluted share, for the second quarter of 2023, compared to $11.5 million, or $0.16 per diluted share, for the second quarter of 2022. For the six months ended June 30, 2023, net income was $72.3 million, or $0.96 per diluted share, compared to $83.0 million, or $1.15 per diluted share for the six months ended June 30, 2022. “Our second quarter...