News & Videos - AVISTA CORP. - Page 2

SPOKANE, Wash., July 31, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made annual rate adjustment filings with the Idaho Public Utilities Commission (IPUC or Commission) that, if approved, are designed to increase overall electric revenues by approximately $6.1 million or 2.4% effective Oct. 1, 2023 and decrease overall natural gas revenue by approximately $0.4 million or 0.4% effective Nov. 1, 2023. These annual filings have no impact on Avista’s earnings. Electric Adjustment Filings Four...

SPOKANE, Wash., July 13, 2023 (GLOBE NEWSWIRE) -- Avista recently signed an agreement with Pine Creek RNG to purchase renewable natural gas (RNG) to be produced at the Bayview Landfill in Elberta, Utah. The Bayview Landfill project is expected to begin production in early 2024 with an expected output of 1.6 million therms annually. RNG is derived from organic waste streams that would otherwise release methane to the environment as they decompose. These sources include, for example, landfills,...

SPOKANE, Wash., July 06, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2023 results on Wednesday, August 2, 2023, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on August 2, 2023. This call can be accessed on Avista’s website at investor.avistacorp.com . You must pre-register for the call via the Presentations and...

SPOKANE, Wash., June 14, 2023 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) , the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, LLC and Walmart Inc., parties to the Company’s electric and natural gas general rate cases, have reached a settlement agreement that has been submitted to the Idaho Public Utilities Commission for its consideration, and which would resolve all issues in the proceeding. The remaining joint party, the Idaho Conservation...

NEW YORK, NY / ACCESSWIRE / June 13, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day June Small-Cap Conference taking place Wednesday and Thursday, June 14-15, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links. Presentation Schedule *All Times EDT Wednesday, June 14, 2023 (Day 1) 9:15-9:45 Spire Global (SPIR) GigaCloud...

SPOKANE, Wash., June 01, 2023 (GLOBE NEWSWIRE) -- Avista Utilities , an operating division of Avista Corp. (NYSE: AVA), filed its 2023 Electric Integrated Resource Plan (IRP) today with the Washington Utilities and Transportation Commission and the Idaho Public Utility Commission. Avista produces an electric IRP every two years detailing projected growth in demand for energy and the new resources needed to serve customers over the next 20 years. Since filing the 2021 IRP, Avista has secured...

SPOKANE, Wash., May 11, 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 June 15, 2023, to shareholders of record at the close of business on May 26, 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, including...

SPOKANE, Wash., May 03, 2023 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income of $54.8 million, or earnings of $0.73 per diluted share, for the first quarter of 2023, compared to $71.6 million, or $0.99 per diluted share, for the first quarter of 2022. “Avista is off to a solid start in 2023 and results are slightly ahead of our expectations for the quarter. We’re pleased with our results and are on track to meet our annual consolidated earnings targets. As expected,...

SPOKANE, Wash., May 03, 2023 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) announced that Senior Vice President of External Affairs and Chief Customer Officer Kevin Christie, age 55, will become Chief Financial Officer, Treasurer and Senior Vice President Regulatory Affairs effective May 11, 2023, after Avista’s Annual Meeting of shareholders. Avista’s Executive Vice President, Chief Financial Officer and Treasurer Mark Thies has decided to retire. Although his daily responsibilities will...

SPOKANE, Wash., April 12, 2023 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) announced that Wayne Manuel, age 50, will join Avista as Vice President, Chief Information Officer and Chief Security Officer on June 1, 2023. For the past 9 years, Mr. Manuel has held the role of Senior Vice President, Chief Strategy Officer and Chief Information Officer at Valley Medical Center in Renton, Wash., the largest nonprofit healthcare provider between Seattle and Tacoma with about 4,000 employees. During...

SPOKANE, Wash., April 11, 2023 (GLOBE NEWSWIRE) -- Avista recently signed an agreement with Pine Creek RNG to purchase renewable natural gas (RNG) to be produced from projects in Richland, Wash. and Waterloo, Iowa. 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 that would otherwise release methane to the environment as they decompose. These sources include, for example,...

SPOKANE, Wash., April 11, 2023 (GLOBE NEWSWIRE) -- Avista recently finalized two contracts resulting from the 2022 All Source RFP effort. Avista completed an agreement to purchase clean energy from a planned regional wind project. The 30-year agreement is for approximately 100 megawatts beginning no later than January 1, 2026. More details related to the wind contract will be released soon. Combined with several other recent contracts signed with Chelan Public Utility District and Columbia Basin...

SPOKANE, Wash., April 10, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2023 results on Wednesday, May 3, 2023, at 10:30 a.m. Eastern Daylight Time. A news release with first quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on May 3, 2023. 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 31, 2023 (GLOBE NEWSWIRE) -- Avista has filed its 2023 Natural Gas Integrated Resource Plan (IRP) with state regulators in Washington, Idaho and Oregon. The plan identifies a preferred resource portfolio to meet system energy demand and emissions compliance legislation over the next twenty years. The IRP is submitted to the public utility commissions every two years as part of Avista’s regulatory commitment. Each IRP is a thoroughly researched, data-driven document that...

SPOKANE, Wash., March 13, 2023 (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 2023 World’s Most Ethical Companies . Avista has been recognized by Ethisphere for four consecutive years since 2020 and is one of only 9 honorees in the Energy and Utilities industry. In 2023, 135 honorees...

SPOKANE, Wash., March 07, 2023 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) announced that Kevin Jacobsen, age 56, has been nominated to join the Avista Corp. Board of Directors. Jacobsen will stand for election by the shareholders and, if elected, will join the board effective May 11, 2023. Currently Mr. Jacobsen is the Chief Financial Officer at The Clorox Company and has held this role since 2018. As CFO, Mr. Jacobsen is responsible for Clorox’s financial activities, including general...

SPOKANE, Wash., March 01, 2023 (GLOBE NEWSWIRE) -- Today Avista (NYSE: AVA) filed a request with the Public Utility Commission of Oregon (PUC) to increase natural gas base rates. The proposal is designed to increase overall natural gas base revenue by approximately $11.0 million and is based on a proposed rate of return of 7.59% with a common equity ratio of 50% and a 10.25% return on equity. “As an energy provider, we understand we play a vital role in the daily lives of those we serve, and...

SPOKANE, Wash., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income of $155.2 million, or $2.12 per diluted share, for the year ended Dec. 31, 2022, compared to $147.3 million, or $2.10 per diluted share, for the year ended Dec. 31, 2021. For the fourth quarter of 2022, net income was $78.0 million, or $1.05 per diluted share, compared to net income of $50.9 million, or $0.71 per diluted share, for the fourth quarter of 2021. “Our 2022 consolidated earnings...

SPOKANE, Wash., Feb. 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, an increase of $0.02 per share (4.5 percent), yielding an annualized dividend of $1.84. The common stock dividend is payable March 15, 2023, to shareholders of record at the close of business on Feb. 17, 2023. “The dividend increase approved by the board of directors marks the twenty-first consecutive year the...

SPOKANE, Wash., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) has filed a multiyear rate plan with the Idaho Public Utilities Commission that would allow the Company to recover costs for fixed expenses and ongoing investments to infrastructure, technology and more. If approved, new rates would be effective in Sept. 2023 and Sept. 2024. “As an energy provider, we understand we play a vital role in the daily lives of those we serve, and we take this responsibility seriously,”...