|Bid||41.75 x 900|
|Ask||41.76 x 900|
|Day's Range||41.43 - 42.13|
|52 Week Range||39.75 - 52.91|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||20.19|
|Earnings Date||May 2, 2019|
|Forward Dividend & Yield||1.55 (3.82%)|
|1y Target Est||39.50|
Avista (AVA), a leader in clean electricity, today announced it signed an agreement with the California Independent System Operator for the utility to participate in the Western Energy Imbalance Market (EIM), furthering its commitment to integrate renewable energy into its electric generation resource mix. The Western EIM is a real-time energy wholesale market that automatically provides the lowest-cost electricity resources available to meet utility customer needs. This permits the Western region to share generation resources over a large geographic area, resulting in a more efficient use of renewable energy at the lowest available cost for customers. “Avista has always been committed to balancing reliability and affordability while maintaining responsibility for our environmental footprint, and our actions demonstrate these values,” said Jason Thackston, senior vice president, energy resources, Avista.
SPOKANE, Wash., April 23, 2019 -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2019 results on Thursday, May 2, 2019,.
Back in 1995, an ex-Bear Stearns risk arbitrage expert Nancy Havens-Hasty launched her own hedge fund called Havens Advisors, and she is its current president. The fund is based in New York City, and as of December 31, 2016, it managed around $193.72 million. Before founding Havens Advisors, Nancy Havens honed her investment acumen at […]
Avista (AVA), a leader in clean electricity, today announced its goal to serve its customers with 100 percent clean electricity by 2045 and to have a carbon-neutral supply of electricity by the end of 2027. “We’re proud to announce this 100 percent clean electricity goal as an important step forward in caring for our environment while continuing to meet the energy needs of our customers and communities today and well into the future,” said Dennis Vermillion, president of Avista.
Nearly 200 community leaders joined Avista this week in celebrating the Company’s 130th birthday at events in Washington and Idaho where Avista leadership announced a major philanthropic contribution that extends Avista’s long, rich tradition of championing the communities it serves. “Our region and our company are human powered,” said Scott Morris, chairman and CEO of Avista.
Avista, through a request for proposal issued in June 2018, has selected to purchase power generated by the proposed Rattlesnake Flat Wind project in Adams County, Washington. Rattlesnake Flat Wind, a wind energy facility permitted and being developed by renewable energy developer Clearway Energy Group (“Clearway”), will provide Avista with approximately 50 average megawatts of renewable energy, or as much as 144 megawatts of nameplate wind capacity, under a 20-year power purchase agreement (PPA) with deliveries beginning in 2020.
SPOKANE, Wash., March 15, 2019 -- Continuing capital investments in natural gas infrastructure led Avista (NYSE: AVA) to file a request today with the Public Utility Commission.
Today a home listed on the National Register of Historic Places was brought into the 21st century when Avista installed the very first smart electric meter in the Millwood community near Spokane. This iconic landmark has been part of the Millwood community since it was built in 1923, and today we’re excited to bring this historic home into the 21st century by installing the first smart electric meter and smart natural gas module. It’s a major step toward modernizing our grid to meet the energy demands of today and tomorrow,” said Avista Vice President of Energy Delivery Heather Rosentrater.
Avista Corp (NYSE:AVA) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018.
SPOKANE, Wash., Feb. 08, 2019 -- Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $136.4 million, or $2.07 per diluted share, for.
Avista Corp.’s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.3875 per share on the company’s common stock, an increase of $0.015 per share (4.0 percent), yielding an annualized dividend of $1.55. “The dividend increase approved by the board of directors marks the seventeenth consecutive year the board has raised the dividend for our shareholders. The declaration of dividends is at the sole discretion of the board of directors.
Canadian electric utility Hydro One Ltd and its U.S.-based rival Avista Corp agreed to terminate their merger after failing to receive regulatory backing. Hydro One proposed to buy Avista for C$6.7 billion ($5.02 billion) in 2017 to help expand into the U.S. Northwest. Hydro One said on Wednesday it would pay Avista $103 million in termination fees.
Hydro One announces Redemption of Convertible Debentures Represented by Instalment Receipts
Hydro One Limited (“Hydro One”) (TSX: H) and Avista Corporation (“Avista”) (NYSE: AVA) today announced that the companies have mutually agreed to terminate their previously announced merger agreement. This decision follows the recent orders by the Washington Utilities and Transportation Commission and the Idaho Public Utilities Commission which denied approval of the merger. After careful consideration and analysis of the likelihood of achieving a timely reversal of those orders, the Boards of Directors of Hydro One and Avista each individually determined that termination of the merger agreement is the best course of action for the companies and their respective shareholders.
SPOKANE, Wash. , Jan. 15, 2019 -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2018 results on Friday, Feb. 8, 2019,.
Hydro One Limited (“Hydro One”) (TSX:H.TO) and Avista Corporation (“Avista”) today announced that in light of the recent decisions by the Washington Utilities and Transportation Commission and the Idaho Public Utilities Commission to deny Hydro One’s acquisition of Avista, the Oregon Public Utility Commission (“OPUC”) issued an order (“Order 19-008”) suspending indefinitely the current procedural schedule in its merger docket until Hydro One and Avista inform the OPUC that they have sought a reversal of the denial decisions through appeal or other means that would provide a justiciable issue for the OPUC to address.
Duke Energy says the joint investment in California-based Open Energy Solutions builds on open grid standards that Duke has been working on for years and will be useful to Duke's $16 billion Carolinas grid modernization plan.
Avista Development, a wholly owned unregulated subsidiary of Spokane, Wash.-based Avista Corp. (AVA) and Duke Energy (DUK) today announced a joint investment in Open Energy Solutions Inc. (OES) to develop open source software for grid edge technology solutions. This marks the first time multiple utilities have collaborated to create open source software, spurring innovation and creating a new market for this technology.
TORONTO and SPOKANE, WA , Jan. 8, 2019 /CNW/ - Today, the Washington Utilities and Transportation Commission ("UTC") gave notice ("Notice") of the deemed denial by operation of law of the petition filed by Hydro One Limited ("Hydro One") (TSX:H.TO) and Avista Corporation ("Avista") (AVA) requesting the UTC to reconsider its denial of approval for Hydro One's acquisition of Avista. In the same Notice, the UTC also denied the petition for a rehearing on the basis that it is moot. The companies are disappointed in the UTC's decision and will determine the appropriate next steps.
The Idaho Public Utilities Commission has rejected Canadian electric utility Hydro One Ltd's proposed C$6.7 billion ($4.97 billion) acquisition of Avista Corp, the companies said on Thursday. The regulator's decision follows last month's rejection of the proposed deal by a Washington state regulator saying it would not adequately protect Avista or its customers from political and financial risk. In 2017, Hydro One had proposed to buy its U.S. peer Avista as it sought to expand into the U.S. Northwest.