2017 News Releases

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08/17/17Avista Corp. Board Declares Common Stock Dividend
SPOKANE, Wash., Aug. 17, 2017 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSE:AVA) board of directors has declared a quarterly dividend of $0.3575 per share on the company’s common stock. The common stock dividend is payable Sept. 15, 2017, to shareholders of record at the close of business on Aug. 31, 2017. 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... 
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08/11/17Avista disappointed by Washington Commission’s decision in Power Cost Rate Adjustment filing
SPOKANE, Wash., Aug. 11, 2017 (GLOBE NEWSWIRE) -- Avista’s (NYSE:AVA) Power Cost Rate Adjustment (PCRA) filing was dismissed yesterday by the Washington Utilities and Transportation Commission (Commission or UTC). The PCRA filed by Avista on May 26, 2017 proposed an annual electric revenue increase of $15 million or 2.9 percent, effective Sept. 1, 2017. This filing was separate from the electric and natural gas general rate cases also filed on May 26, 2017. This filing was made following meet... 
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08/02/17Avista Corp. Reports Financial Results for Second Quarter 2017 and Confirms 2017 Earnings Guidance
SPOKANE, Wash., Aug. 02, 2017 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE:AVA) today reported net income attributable to Avista Corp. shareholders of $21.8 million, or $0.34 per diluted share for the second quarter of 2017, compared to $27.3 million, or $0.43 per diluted share for the second quarter of 2016. For the six months ended June 30, 2017, net income attributable to Avista Corp. shareholders was $83.9 million, or $1.30 per diluted share, compared to $84.9 million, or $1.34 per diluted share... 
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08/01/17Avista Makes Annual Price Adjustment Filings in Idaho
Requests would result in change in electric prices effective Oct. 1, 2017 SPOKANE, Wash., Aug. 01, 2017 (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 $2.8 million or 1.1 percent effective Oct. 1, 2017. These annual filings are separate from the general rate case request filed in June 2017 regarding base retail rates in Idaho, ... 
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07/28/17Avista Requests Natural Gas Rate Decrease for Oregon Customers in Annual Cost Adjustment Filings
Request reflects change in the wholesale cost of natural gas included in customer rates SPOKANE, Wash., July 28, 2017 (GLOBE NEWSWIRE) -- Avista’s (NYSE:AVA) customers in Oregon would see a decrease in their natural gas rates effective Nov. 1, 2017 if the Oregon Public Utility Commission (PUC or Commission) approves the company’s annual rate adjustment filings. These annual filings are required, have no impact on the company’s earnings, and are not related to the proposed acquisition of Avist... 
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07/19/17Hydro One to Acquire Avista to Create Growing North American Utility Leader with C$31.2 Billion in Enterprise Value
Hydro One and Avista combined create a top 20 North American utility focused on regulated transmission as well as electricity and natural gas local distribution TORONTO, ONTARIO and SPOKANE, WASHINGTON -- (Marketwired) -- 07/19/17 -- Highlights: Establishes one of North America's largest regulated utilities with over C$32.2 billion (US$25.4 billion) in assets and a leader in electricity transmission and distribution as well as natural gas local di... 
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07/03/17Avista Corp. Second Quarter 2017 Earnings Conference Call and Webcast Announced
SPOKANE, Wash., July 03, 2017 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE:AVA) will hold its quarterly conference call and webcast to discuss second quarter 2017 results on Wednesday, Aug. 2, 2017, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2017 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on Aug. 2, 2017. This call can be accessed on Avista’s website at www.avistacorp.com, or you can listen to the call by dialing (888) 771-4371, Confirmatio... 
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06/09/17Avista requests electric and natural gas rate changes in Idaho
Company seeks recovery of costs for investments in infrastructure and technology SPOKANE, Wash., June 09, 2017 (GLOBE NEWSWIRE) -- Capital investments in infrastructure, system maintenance, and technology and increased power supply costs are the main drivers in Avista’s (NYSE:AVA) request filed today with the Idaho Public Utilities Commission (IPUC or Commission). “Our customers expect their energy to be there when they need it, and so do we. To meet these expectations, we’re continually i... 
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05/26/17Avista requests electric and natural gas rate changes in Washington
Company seeks recovery of costs for power supply and investments in infrastructure SPOKANE, WA -- (Marketwired) -- 05/26/17 -- Avista (NYSE: AVA)has filed two requests with the Washington Utilities and Transportation Commission (UTC or Commission) to recover costs related to power supply as well as infrastructure, system maintenance, and technology. "Our customers expect their energy to be there when they need it, and so do we. To meet these expectations, we're continually investing in our s... 
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05/17/17Avista Reaches Settlement in Oregon Natural Gas Rate Request
If approved, rate adjustment would be effective Oct. 1, 2017 SPOKANE, WA -- (Marketwired) -- 05/17/17 -- Avista (NYSE: AVA) and all other parties involved in the company's natural gas general rate filing have reached a settlement agreement that, if approved by the Public Utility Commission of Oregon (PUC), would conclude the proceedings for the general rate request filed on Nov. 30, 2016. If the settlement agreement is approved, new rates would take effect on Oct. 1, 2017. "We are pleased tha... 
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05/11/17Avista Corp. Board Declares Common Stock Dividend
SPOKANE, WA -- (Marketwired) -- 05/11/17 -- Avista Corp.'s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.3575 per share on the company's common stock. The common stock dividend is payable June 15, 2017, to shareholders of record at the close of business on May 25, 2017. 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, in... 
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05/03/17Avista Corp. Reports Financial Results for First Quarter 2017 and Confirms 2017 Earnings Guidance
SPOKANE, WA -- (Marketwired) -- 05/03/17 -- Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $62.1 million, or $0.96 per diluted share for the first quarter of 2017, compared to $57.6 million, or $0.92 per diluted share for the first quarter of 2016. "We are off to a good start in 2017, with consolidated earnings above our expectations. Our higher earnings in the first quarter were mainly from increased hydroelectric generation, which put us in a... 
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04/10/17Avista Corp. First Quarter 2017 Earnings Conference Call and Webcast Announced
SPOKANE, WA -- (Marketwired) -- 04/10/17 -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2017 results on Wednesday, May 3, 2017, at 10:30 a.m. Eastern Daylight Time. A news release with first quarter 2017 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on May 3, 2017. This call can be accessed on Avista's website at www.avistacorp.com, or you can listen to the call by dialing (888) 771-4371, Confir... 
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03/21/17Connie Hulbert named president and general manager of Avista subsidiary AEL&P
Tim McLeod retires after 34 years with the Juneau utility SPOKANE, WA -- (Marketwired) -- 03/21/17 -- Connie Hulbert has been named president and general manager of Alaska Electric Light and Power Company (AEL&P), a subsidiary of Avista Corp.(NYSE: AVA), effective July 1, 2017. Current President and General Manager Tim McLeod will retire on July 1 after 34 years with the Juneau utility. Hulbert joined AEL&P in 1996 as controller, and she was named to her current position of vi... 
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03/20/17Avista Issues Request for Proposals for Solar Energy Project
Project intended to meet business customer's request for renewable solar energy SPOKANE, WA -- (Marketwired) -- 03/20/17 -- Avista (NYSE: AVA), through a request for proposal (RFP), is seeking proposals from solar project developers capable of constructing, owning, and operating an up to 15 megawatt solar facility located within Avista's electric utility service territory. Avista is not considering a self-build option for this facility. Avista's interest in evaluating the development of a volu... 
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02/28/17UTC order denying Reconsideration/Rehearing concludes Avista's 2016 Washington general rate cases
SPOKANE, WA -- (Marketwired) -- 02/28/17 -- Avista (NYSE: AVA) received an order from the Washington Utilities and Transportation Commission (Commission or UTC), on Feb. 27, 2017, denying the Company's petition for reconsideration and/or rehearing in its 2016 electric and natural gas general rate cases. The Commission confirmed its previous order in the case, issued Dec. 15, 2016, which denied Avista's proposed electric and natural gas rate increase requests of $38.6 million and $4.4 million, r... 
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02/22/17Avista Corp. Reports Financial Results for Fourth Quarter and Fiscal Year 2016, and Initiates 2017 Earnings Guidance
SPOKANE, WA -- (Marketwired) -- 02/22/17 -- Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $137.2 million, or $2.15 per diluted share, for the year ended Dec. 31, 2016, compared to $123.2 million, or $1.97 per diluted share for the year ended Dec. 31, 2015. Results for 2015 included $5.1 million, or $0.08 per diluted share, related to discontinued operations, which resulted from the sale of Ecova in 2014. For the fourth quarter of 2016, net inc... 
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02/03/17Avista Corp. Board Increases Common Stock Dividend
SPOKANE, WA -- (Marketwired) -- 02/03/17 -- Avista Corp.'s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.3575 per share on the company's common stock, an increase of $0.015 per share (4.4 percent), yielding an annualized dividend of $1.43. The common stock dividend is payable March 15, 2017, to shareholders of record at the close of business on Feb. 24, 2017. "The dividend increase approved by the board of directors marks the fifteenth consecutive year... 
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01/23/17Avista Corp. Fourth Quarter 2016 Earnings Conference Call and Webcast Announced
SPOKANE, WA -- (Marketwired) -- 01/23/17 -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2016 results on Wednesday, Feb. 22, 2017, at 10:30 a.m. Eastern Daylight Time. A news release with fourth quarter 2016 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on Feb. 22, 2017. This call can be accessed on Avista's website at www.avistacorp.com, or you can listen to the call by dialing (888) 771-4371, ... 
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