News & Videos - AVISTA CORP. - Page 3

SPOKANE, Wash., Jan. 16, 2023 (GLOBE NEWSWIRE) -- Avista Corporation (“Avista”) and NorthWestern Energy (“NorthWestern”) announce an agreement through which Avista will turn over its interest in the Colstrip coal-fired power plant to NorthWestern on December 31, 2025. Through the transaction, NorthWestern will assume ownership of the 222 MW generating capacity that is currently owned by Avista, along with its related interest in the plant, plant equipment, rights and obligations. “This...

SPOKANE, Wash., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2022 results on Wednesday, February 22, 2023, at 10:30 a.m. Eastern Standard Time. A news release with fourth quarter 2022 earnings information will be issued at 7:05 a.m. Eastern Standard Time on February 22, 2023. This call can be accessed on Avista’s website at investor.avistacorp.com . You must pre-register for the call via the...

SPOKANE, Wash., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Avista’s (NYSE: AVA) electric and natural gas general rate cases have concluded, with an order from the Washington Utilities and Transportation Commission (Commission or UTC) that approved the multi-party settlement filed in June 2022. The Commission approved increases of annual electric revenues of $38 million effective Dec. 21, 2022 and $12.5 million effective Dec. 21, 2023 and increases in annual natural gas revenues of $7.5 million...

SPOKANE, Wash., Dec. 09, 2022 (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 latest updates include Avista’s aspirational goals for workplace Equity, Inclusion and Diversity, an...

SPOKANE, Wash, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Avista and Columbia Basin Hydropower (CBHP) finalized a contract recently for renewable hydropower from hydroelectric facilities owned by the three Columbia Basin Irrigation Districts. The contract increases Avista’s carbon-free resources in its energy portfolio, helping achieve the company’s clean electricity goals and supporting Washington state’s adoption of the Clean Energy Transformation Act that increases utilities’ supply of clean...

SPOKANE, Wash., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.44 per share on the company’s common stock. The common stock dividend is payable December 15, 2022, to shareholders of record at the close of business on November 18, 2022. 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, 2022 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported a net loss of $5.8 million, or a loss of $0.08 per diluted share, for the third quarter of 2022, compared to net income of $14.4 million, or earnings of $0.20 per diluted share, for the third quarter of 2021. For the nine months ended Sept. 30, 2022, net income was $77.2 million, or $1.06 per diluted share, compared to $96.5 million, or $1.38 per diluted share, for the nine months ended Sept. 30, 2021....

SPOKANE, Wash., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (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, landfills, wastewater treatment plants, food waste and dairy waste. RNG is produced by capturing that methane that would otherwise escape to the...

SPOKANE, Wash., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss third quarter 2022 results on Tuesday, November 1, 2022, at 10:30 a.m. Eastern Daylight Time. A news release with third quarter 2022 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on November 1, 2022. This call can be accessed on Avista’s website at investor.avistacorp.com . You must pre-register for the call via the Presentations and...

Avista Public Acquisition Corp. II Announces Effectiveness of Registration Statement and Sets Date for Extraordinary General Meeting to Vote on Proposed Business Combination PR Newswire NEW YORK, Oct. 3, 2022 Extraordinary General Meeting of APAC Shareholders to Vote on Proposed Business Combination with OmniAb to be Held on October 24, 2022 NEW YORK , Oct. 3, 2022 /PRNewswire/ -- Avista Public Acquisition Corp. II (NASDAQ: AHPA) ("APAC") announced today the effectiveness of the Registration...

SPOKANE, Wash., Sept. 02, 2022 (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 and natural gas rates in Washington and natural gas rates in Idaho, effective November 1, 2022 Washington Electric Adjustment Filings Two electric adjustments were filed, that if approved, are designed to change overall electric revenues as follows: Wildfire Expense Balancing:...

Management Changes Focused on Enhancing Strategic Execution and Effective Operations SPOKANE, Wash., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) today announced several senior leadership changes that are effective Sept. 1, 2022, as part of a planned succession process. Heather Rosentrater , Senior Vice President, Energy Delivery and Shared Services, will become Senior Vice President and Chief Operating Officer. She will oversee Energy Delivery, Energy Resources and Enterprise...

SPOKANE, Wash., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.44 per share on the company’s common stock. The common stock dividend is payable September 15, 2022, to shareholders of record at the close of business on August 19, 2022. 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. 03, 2022 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income of $11.5 million, or $0.16 per diluted share for the second quarter of 2022, compared to $14.1 million, or $0.20 per diluted share for the second quarter of 2021. For the six months ended June 30, 2022, net income was $83.0 million, or $1.15 per diluted share, compared to $82.1 million, or $1.18 per diluted share for the six months ended June 30, 2021. “Our second quarter consolidated...

SPOKANE, Wash., July 07, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2022 results on Wednesday, August 3, 2022, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2022 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on August 3, 2022. This call can be accessed on Avista’s website at investor.avistacorp.com . Please note, this quarter we will be using new technology...

SPOKANE, Wash., June 28, 2022 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) and certain parties to the company’s electric and natural gas general rate cases have reached a settlement agreement that has been submitted to the Washington Utilities and Transportation Commission (UTC or Commission) for its consideration. If approved, new rates would take effect in Dec. 2022 and Dec. 2023. In addition to Avista, the parties to the electric and natural gas rate cases include the Staff of the UTC, the Public...

SPOKANE, Wash., June 17, 2022 (GLOBE NEWSWIRE) -- Avista Utilities , an operating division of Avista Corp. (NYSE: AVA), filed its first Clean Energy Implementation Plan (CEIP) with the Washington Utilities and Transportation Commission (WUTC) in October 2021. Yesterday, the plan was approved by the WUTC. Avista was the first utility to file a CEIP in the State of Washington and the first investor-owned utility to reach approval. Avista’s CEIP is a road map of specific actions to be taken over...

SPOKANE, Wash., May 12, 2022 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.44 per share on the company’s common stock. The common stock dividend is payable June 15, 2022, to shareholders of record at the close of business on May 27, 2022. 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 11, 2022 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) has been recognized for having a gender-balanced board by 50/50 Women on Boards™ (50/50WOB), the leading global education and advocacy campaign driving gender balance and diversity on corporate boards. With five women directors, holding 45% of its corporate board seats, Avista is one of only 8% (just 241) of Russell 3000 companies with a gender-balanced board. This achievement is a powerful example that change at the...

SPOKANE, Wash., May 04, 2022 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income of $71.6 million, or $0.99 per diluted share for the first quarter of 2022, compared to $68.0 million, or $0.98 per diluted share for the first quarter of 2021. “We had a solid start to 2022, as Avista Utilities earnings were above our expectations. We are pleased with the results of the first quarter. Our performance was partially the result of the timing of certain expenses. For the...