Affirmed Consolidated Earnings Guidance
Avista Corporation affirmed their consolidated earnings guidance for 2025, with a range of $2.52 to $2.72 per diluted share.
Year-to-Date Earnings Increase
Avista Utilities reported a year-to-date increase in earnings, with $1.25 per diluted share, reflecting a nearly 7% increase over 2024's year-to-date results.
Settlement Approvals in Oregon and Idaho
Avista achieved all-party, all-issue settlement approvals in Oregon, and reached a settlement in Idaho, building on constructive regulatory outcomes.
Robust RFP Response
Avista received over 80 bids for their all-source request for proposals, seeking 100 to 425 megawatts of generation, indicating strong interest and potential future capacity expansion.
Strong Liquidity and Credit Rating
As of June 30, Avista had $106 million in available liquidity, and S&P removed the negative watch from the company's credit rating.