AVA Avista Corporation

Avista Issues Request for Proposals for Renewable Energy

Avista Issues Request for Proposals for Renewable Energy

Renewable energy intended to offset higher priced market purchases and meet clean energy goals

SPOKANE, Wash., June 26, 2020 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking proposals from renewable energy project developers who are capable of constructing, owning, and operating up to 120 average MW’s (aMW’s) (alternating current, or AC) whether through one or multiple proposals with a minimum net annual output of 20 aMW alternating current (AC). 

Avista’s intent is to secure the output from renewable generation resources, including electricity, capacity and associated environmental attributes.  Avista’s interest in acquiring new renewable energy resources is to offset market purchases and fossil-fuel thermal generation. This interest is consistent with Avista’s 2020 Integrated Resource Plan which identifies that the utility will consider acquiring additional resources if such resources have lower long-term cost than electric market alternatives. 

“This renewable energy resource RFP reinforces the goal we established last year to serve our customers with 100% clean electricity by 2045 and 100% carbon neutral resources by 2027,” said Jason Thackston, Avista’s senior vice president of energy resources.

The RFP is open to parties who currently own, propose to develop, or hold rights to new renewable resource generating facilities. Avista may engage a third-party consultant to gain an outside perspective as it relates to the RFP.  Avista will not accept proposals for renewable energy certificates only. Avista is not considering a self-build option for this facility or facilities.

Proposals must satisfy the requirements of the RFP, including that any renewable generating resource submitted for consideration in this RFP must be a new eligible renewable resource or nonemitting electric generation as defined by RCW 19.405.020, including:

  • Wind
  • Solar 
  • Geothermal
  • Biomass
  • Hydroelectric
  • Other eligible renewable resources

Avista will consider proposals that include storage associated with any of the above listed eligible renewable resources.

RFP responses are due by Wednesday, July 22, 2020. The RFP and bid instructions are available on the Avista website at: .

About Avista Utilities

Utilities is involved in the production, transmission and distribution of energy. We provide energy services and electricity to 393,000 customers and natural gas to 361,000 customers in a service territory that covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Avista Utilities is an operating division of . (NYSE: AVA). For more information, please visit .

The Avista logo is a trademark of Avista Corporation.

To unsubscribe from Avista’s news release distribution, send a reply message to

Contact:                                                                    

Media: Annie Gannon,

Avista 24/7 Media Access (509) 495-4174 

EN
26/06/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Avista Corporation

 PRESS RELEASE

Avista Makes Annual Price Adjustment Requests in Washington

Avista Makes Annual Price Adjustment Requests in Washington Overall changes would be effective November 1, 2025 for electric and natural gas customers SPOKANE, Wash., Aug. 29, 2025 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made annual rate adjustment filings with the Washington Utilities and Transportation Commission (Commission) that if approved, will result in an overall decrease in natural gas rates of 8.6%, and in an overall increase in electric rates of 1.7%. Washington Natural Gas Adjustment FilingsFour natural gas adjustments were filed, that if approved, are designed to change...

 PRESS RELEASE

Avista receives approval of all-party, all issues settlement in Idaho ...

Avista receives approval of all-party, all issues settlement in Idaho general rate cases New rates take effect on Sept. 1, 2025 and Sept. 1, 2026. SPOKANE, Wash., Aug. 29, 2025 (GLOBE NEWSWIRE) -- Avista (NYSE:AVA) received approval from the Idaho Public Utilities Commission (IPUC or Commission) of the all-party, all issues settlement agreement that was filed on June 9, 2025, concluding the Company’s electric and natural gas general rate cases. New electric rates take effect Sept. 1, 2025 and Sept 1, 2026. The approved rates are designed to increase annual base electric revenues...

 PRESS RELEASE

Avista Announces New Executive Appointments

Avista Announces New Executive Appointments Management Changes Focused on Enhancing Strategic Execution and Effective Operations SPOKANE, Wash., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) today announced a few changes to its leadership team, effective Oct. 1, 2025, as part of a planned succession strategy designed to enhance the company’s operational capabilities, strategic vision and promote future growth. Jason Thackston, currently Senior Vice President of Energy Policy and Chief Strategy Officer will take on expanded responsibilities. To reflect the change in focus his new...

 PRESS RELEASE

Avista Corp. Board Declares Common Stock Dividend

Avista Corp. Board Declares Common Stock Dividend SPOKANE, Wash., Aug. 06, 2025 (GLOBE NEWSWIRE) -- (NYSE: AVA) board of directors has declared a quarterly dividend of $0.49 per share on the company’s common stock. The common stock dividend is payable September 15, 2025, to shareholders of record at the close of business on August 19, 2025. 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 financial results, business strategies, and economic ...

 PRESS RELEASE

Avista Corp. Reports Financial Results for the Second Quarter of 2025,...

Avista Corp. Reports Financial Results for the Second Quarter of 2025, Confirms 2025 Earnings Guidance with Strong Utility Offsetting Investment Losses SPOKANE, Wash., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the second quarter of 2025. Net income and earnings per diluted share for the second quarter and year-to-date 2025 compared to the same periods in 2024 are presented in the table below (dollars in millions, except per-share data):   Second Quarter  Year-to-Date   2025  2024  2025  2024 Net Income (Loss) by:            Reportab...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch