Articles from Avista Corporation

SPOKANE, Wash., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) today announced financial results for 2024. Net income and earnings per diluted share for the fourth quarter and the year ended Dec. 31, 2024 compared to the same periods in 2023 are presented in the table below (dollars in millions, except per-share data):
By Avista Corporation · Via GlobeNewswire · February 26, 2025

SPOKANE, Wash., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) board of directors has declared a quarterly dividend of $0.49 per share on the company’s common stock, an increase of $0.015 per share, yielding an annualized dividend of $1.96. The common stock dividend is payable March 14, 2025, to shareholders of record at the close of business on February 26, 2025.
By Avista Corporation · Via GlobeNewswire · February 12, 2025

Company’s filing seeks to recover infrastructure investments and expenses necessary to serve customers
By Avista Corporation · Via GlobeNewswire · January 31, 2025

SPOKANE, Wash., Jan. 30, 2025 (GLOBE NEWSWIRE) -- In its fourth quarter of 2024, the Avista Foundation awarded $54,650 to 21 nonprofit organizations in Washington, Idaho, Oregon, and Alaska to support environmental initiatives, as well as arts and culture efforts.
By Avista Corporation · Via GlobeNewswire · January 30, 2025

SPOKANE, Wash., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2024 results on Wednesday, February 26, 2025, at 10:30 a.m. Eastern Standard Time. A news release with fourth quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Standard Time on February 26, 2025.
By Avista Corporation · Via GlobeNewswire · January 22, 2025

Will issue Request for Proposals (RFP) to ensure reliable service in the future
By Avista Corporation · Via GlobeNewswire · January 2, 2025

The latest environmental, social and governance (ESG) information can be found at avistacorp.com.
By Avista Corporation · Via GlobeNewswire · December 23, 2024

Company pleased with the fair and balanced decision for the Company and its customers
By Avista Corporation · Via GlobeNewswire · December 23, 2024

SPOKANE, Wash., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock. The common stock dividend is payable December 13, 2024, to shareholders of record at the close of business on November 26, 2024.
By Avista Corporation · Via GlobeNewswire · November 14, 2024

SPOKANE, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) today announced financial results for the third quarter of 2024. Net income and earnings per diluted share for the third quarter and year-to-date 2024 compared to the same periods in 2023 are presented in the table below (dollars in thousands, except per-share data):
By Avista Corporation · Via GlobeNewswire · November 6, 2024

North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor.
By Avista Corporation · Via GlobeNewswire · November 4, 2024

Investments in infrastructure and increases in cost-of-service drive rate request
By Avista Corporation · Via GlobeNewswire · November 1, 2024

In 2024, the Avista Foundation has awarded more than $500,000 through its grant program
By Avista Corporation · Via GlobeNewswire · October 29, 2024

Annual closure begins Monday, November 11, 2024
By Avista Corporation · Via GlobeNewswire · October 28, 2024

The project, in partnership with Idaho Power, will enhance grid flexibility, improve resilience against wildfire, and increase capacity for the region
By Avista Corporation · Via GlobeNewswire · October 21, 2024

SPOKANE, Wash., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) will hold its quarterly conference call and webcast to discuss third quarter 2024 results on Wednesday, November 6, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with third quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on November 6, 2024.
By Avista Corporation · Via GlobeNewswire · October 9, 2024

SPOKANE, Wash., Oct. 09, 2024 (GLOBE NEWSWIRE) -- In the wake of Hurricane Helene, Avista today sent three, five-member line crews and other personnel to Lake City, Florida to assist in electrical distribution infrastructure repairs as Hurricane Milton is expected to make landfall.
By Avista Corporation · Via GlobeNewswire · October 9, 2024

RNG sought to meet carbon reduction requirements and goals
By Avista Corporation · Via GlobeNewswire · September 3, 2024

Overall changes would be effective November 1, 2024 for electric customers and November 15, 2024 for natural gas customers
By Avista Corporation · Via GlobeNewswire · August 30, 2024

Heather Rosentrater is named the first female CEO in the Company’s history.
By Avista Corporation · Via GlobeNewswire · August 26, 2024

SPOKANE, Wash., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock. The common stock dividend is payable September 13, 2024, to shareholders of record at the close of business on August 22, 2024.
By Avista Corporation · Via GlobeNewswire · August 7, 2024

SPOKANE, Wash., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) today announced financial results for the second quarter of 2024. Net income and earnings per diluted share for the second quarter and year-to-date 2024 compared to the same periods in 2023 are presented in the table below (dollars in thousands, except per-share data):
By Avista Corporation · Via GlobeNewswire · August 7, 2024

Lower electric prices effective Oct. 1, 2024 and lower natural gas prices Nov. 1, 2024, if approved.
By Avista Corporation · Via GlobeNewswire · July 31, 2024

In 2024 so far, the Avista Foundation has awarded more than $385,750 through its grant program.
By Avista Corporation · Via GlobeNewswire · July 23, 2024

SPOKANE, Wash., July 08, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) will hold its quarterly conference call and webcast to discuss second quarter 2024 results on Wednesday, August 7, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on August 7, 2024.
By Avista Corporation · Via GlobeNewswire · July 8, 2024

In 2024 so far, Avista has awarded over $184,000 to help support communities
By Avista Corporation · Via GlobeNewswire · May 8, 2024

Announces Public Safety Power Shutoffs (PSPS) added to utility’s wildfire plan
By Avista Corporation · Via GlobeNewswire · May 7, 2024

SPOKANE, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock. The common stock dividend is payable June 14, 2024, to shareholders of record at the close of business on May 23, 2024.
By Avista Corporation · Via GlobeNewswire · May 1, 2024

SPOKANE, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) today announced financial results for the first quarter of 2024. Net income and earnings per diluted share for the first quarter of 2024 compared to the first quarter of 2023 are presented in the table below (dollars in thousands, except per-share data):
By Avista Corporation · Via GlobeNewswire · May 1, 2024

SPOKANE, Wash., April 05, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · April 5, 2024

Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices
By Avista Corporation · Via GlobeNewswire · March 4, 2024

SPOKANE, Wash., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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 respective periods of 2022 are presented in the table below (dollars in thousands, except per-share data):
By Avista Corporation · Via GlobeNewswire · February 21, 2024

SPOKANE, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · February 7, 2024

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 that would otherwise release methane to the environment as they decompose. These sources include, for example, landfills, wastewater treatment plants and food waste. RNG is produced by capturing that methane that would otherwise escape to the atmosphere and purifying it to make it very similar to conventional natural gas.
By Avista Corporation · Via GlobeNewswire · January 29, 2024

Company’s filing seeks to recover infrastructure investments and expenses necessary to serve customers
By Avista Corporation · Via GlobeNewswire · January 18, 2024

SPOKANE, Wash., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · January 12, 2024

The latest environmental, social and governance (ESG) information can be found at avistacorp.com.
By Avista Corporation · Via GlobeNewswire · December 21, 2023

SPOKANE, Wash., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · November 2, 2023

SPOKANE, Wash., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · November 1, 2023

New rates take effect on January 1, 2024.
By Avista Corporation · Via GlobeNewswire · October 27, 2023

SPOKANE, Wash., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · October 11, 2023

Awards over $171,000 to support Economic and Community Vitality
By Avista Corporation · Via GlobeNewswire · October 4, 2023

SPOKANE, Wash., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · September 7, 2023

RNG/RSG sought to meet carbon reduction requirements and goals.
By Avista Corporation · Via GlobeNewswire · September 6, 2023

Overall changes in electric and natural gas prices would be effective November 1, 2023.
By Avista Corporation · Via GlobeNewswire · September 1, 2023

New rates take effect on Sept. 1, 2023 and Sept. 1, 2024.
By Avista Corporation · Via GlobeNewswire · August 31, 2023

If approved, new rates would take effect beginning January 1, 2024
By Avista Corporation · Via GlobeNewswire · August 3, 2023

SPOKANE, Wash., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · August 3, 2023

SPOKANE, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · August 2, 2023

Requests would result in higher electric prices effective Oct. 1, 2023 and lower natural gas prices Nov. 1, 2023
By Avista Corporation · Via GlobeNewswire · July 31, 2023

Additional Pine Creek contract furthers Avista’s emissions goals
By Avista Corporation · Via GlobeNewswire · July 13, 2023

SPOKANE, Wash., July 06, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · July 6, 2023

If approved, new rates would take effect beginning Sept. 2023 and Sept. 2024
By Avista Corporation · Via GlobeNewswire · June 14, 2023

Plan continues course toward clean energy future
By Avista Corporation · Via GlobeNewswire · June 1, 2023

SPOKANE, Wash., May 11, 2023 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · May 11, 2023

SPOKANE, Wash., May 03, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · May 3, 2023

SPOKANE, Wash., May 03, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · May 3, 2023

SPOKANE, Wash., April 12, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) announced that Wayne Manuel, age 50, will join Avista as Vice President, Chief Information Officer and Chief Security Officer on June 1, 2023.
By Avista Corporation · Via GlobeNewswire · April 12, 2023

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.
By Avista Corporation · Via GlobeNewswire · April 11, 2023

Avista adds new wind to portfolio beginning 2026; renews contract for Lancaster Plant
By Avista Corporation · Via GlobeNewswire · April 11, 2023

SPOKANE, Wash., April 10, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · April 10, 2023

Plan provides a roadmap for customers’ future energy needs
By Avista Corporation · Via GlobeNewswire · March 31, 2023

Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices
By Avista Corporation · Via GlobeNewswire · March 13, 2023

SPOKANE, Wash., March 07, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · March 7, 2023

Investments in infrastructure and increases in cost of service drive rate request
By Avista Corporation · Via GlobeNewswire · March 1, 2023

SPOKANE, Wash., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · February 22, 2023

SPOKANE, Wash., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · February 2, 2023

Company seeks to recover costs for ongoing infrastructure investments and increased operating costs
By Avista Corporation · Via GlobeNewswire · February 1, 2023

By Avista Corporation · Via GlobeNewswire · January 16, 2023

SPOKANE, Wash., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · January 12, 2023

Customers will benefit from tax credits that will partially offset rate increases over two years
By Avista Corporation · Via GlobeNewswire · December 13, 2022

Visit avistacorp.com for latest environmental, social and governance (ESG) information
By Avista Corporation · Via GlobeNewswire · December 9, 2022

New agreement brings zero-carbon energy to Avista electric customers
By Avista Corporation · Via GlobeNewswire · December 8, 2022

SPOKANE, Wash., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · November 3, 2022

SPOKANE, Wash., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Avista Corp. (NYSEAVA) 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.
By Avista Corporation · Via GlobeNewswire · November 1, 2022