AVISTA CORP. overview

SPOKANE, Wash., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income attributable to Avista Corp. shareholders of $129.5 million, or $1.90 per diluted share for the year ended Dec. 31, 2020, compared to $197.0 million, or $2.97 per diluted share for the year ended Dec. 31, 2019. For the fourth quarter of 2020, net income attributable to Avista Corp. shareholders was $58.7 million, or $0.85 per diluted share, compared to $50.8 million, or $0.76 per diluted share...

SPOKANE, Wash., Feb. 23, 2021 (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 2021 World’s Most Ethical Companies . This is the second consecutive year Avista has received this recognition. Since Avista was founded on clean, renewable hydropower in 1889, the company has been able to...

SPOKANE, Wash., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.4225 per share on the company’s common stock, an increase of $0.0175 per share (4.3 percent), yielding and annualized dividend of $1.69. The common stock dividend is payable March 15, 2021, to shareholders of record at the close of business on Feb. 19, 2021. “The dividend increase approved by the board of directors marks the nineteenth consecutive year...

SPOKANE, Wash., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) launched its renewed corporate responsibility disclosure effort, publishing the 2021 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 website also provides links to...

SPOKANE, Wash., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2020 results on Wednesday, February 24, 2021, at 10:30 a.m. Eastern Standard Time. A news release with fourth quarter 2020 earnings information will be issued at 7:05 a.m. Eastern Standard Time on February 24, 2021. This call can be accessed on Avista’s website at investor.avistacorp.com , or you can listen to the call by dialing (855)...

SPOKANE, Wash., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.405 per share on the company’s common stock. The common stock dividend is payable Dec. 15, 2020, to shareholders of record at the close of business on Dec. 3, 2020. 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, including...

SPOKANE, Wash., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income attributable to Avista Corp. shareholders of $4.9 million, or $0.07 per diluted share for the third quarter of 2020, compared to $5.1 million, or $0.08 per diluted share for the third quarter of 2019. For the nine months ended Sept. 30, 2020, net income attributable to Avista Corp. shareholders was $70.8 million, or $1.04 per diluted share, compared to $146.2 million, or $2.21 per diluted share...

SPOKANE, Wash., Oct. 30, 2020 (GLOBE NEWSWIRE) -- Today Avista (NYSE: AVA) made multiple filings with the Washington Utilities and Transportation Commission (WUTC or Commission) that, if approved, would allow the Company to recover costs for infrastructure and other investments without increasing customer bills. The filings include electric and natural gas general rate cases, a tax customer credit, and a deferral request related to implementation of the Company’s Wildfire Resiliency Plan....

SPOKANE, Wash., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2020 results on Wednesday, November 4, 2020, at 10:30 a.m. Eastern Standard Time. A news release with third quarter 2020 earnings information will be issued at 7:05 a.m. Eastern Standard Time on November 4, 2020. This call can be accessed on Avista’s website at investor.avistacorp.com , or you can listen to the call by dialing (855) 806-8606,...

SPOKANE, Wash., Sept. 18, 2020 (GLOBE NEWSWIRE) -- In response to inquiries about the wildfires in its region, Avista (NYSE: AVA) today announced the initial findings from its investigations. Avista’s investigation has determined that the primary cause of the fires in its region was extreme high winds, a weather event that triggered wildfires and affected electric utilities throughout the Pacific Northwest. To date, the Company has not found any evidence that the fires were caused by any...

SPOKANE, Wash., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.405 per share on the company’s common stock. The common stock dividend is payable Sept. 15, 2020, to shareholders of record at the close of business on Aug. 20, 2020. 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. 05, 2020 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income attributable to Avista Corp. shareholders of $17.5 million, or $0.26 per diluted share for the second quarter of 2020, compared to $25.3 million, or $0.38 per diluted share for the second quarter of 2019. For the six months ended June 30, 2020, net income attributable to Avista Corp. shareholders was $65.9 million, or $0.98 per diluted share, compared to $141.1 million, or $2.14 per diluted...

SPOKANE, Wash., July 07, 2020 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2020 results on Wednesday, August 5, 2020, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2020 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on August 5, 2020. This call can be accessed on Avista’s website at investor.avistacorp.com , or you can listen to the call by dialing (855) 806-8606,...

SPOKANE, Wash., June 29, 2020 (GLOBE NEWSWIRE) -- Avista is implementing additional measures to enhance its ability to mitigate the potential for, and impact of, wildfires within its service territories. Building on prevention and response strategies that have been in place many years, the Company has committed to a new comprehensive 10-year Wildfire Resiliency Plan that includes improved defense strategies and operating practices for a more resilient system. “Avista has a long history of...

SPOKANE, Wash., June 26, 2020 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking proposals from renewable energy project developers who are capable of constructing, owning, and operating up to 120 average MW’s (aMW’s) (alternating current, or AC) whether through one or multiple proposals with a minimum net annual output of 20 aMW alternating current (AC). Avista’s intent is to secure the output from renewable generation resources, including electricity, capacity...