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 Filing in Idaho

Avista Makes Annual Price Adjustment Filing in Idaho Request would result in higher electric prices effective May 1, 2026 SPOKANE, Wash., Feb. 13, 2026 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made an annual rate adjustment filing with the Idaho Public Utilities Commission (IPUC or Commission) that if approved, is designed to increase overall electric revenues by approximately $25.2 million or 7.4% effective May 1, 2026. This filing has no impact on Avista’s earnings. The proposed rate adjustment modifies the level of funding for Avista’s electric energy efficiency programs. This adj...

 PRESS RELEASE

Avista Corp. Board Increases Common Stock Dividend

Avista Corp. Board Increases Common Stock Dividend SPOKANE, Wash., Feb. 09, 2026 (GLOBE NEWSWIRE) -- (NYSE: AVA) board of directors has declared a quarterly dividend of $0.4925 per share on the company’s common stock, yielding an annualized dividend of $1.97. The common stock dividend is payable March 13, 2026, to shareholders of record at the close of business on February 25, 2026. “For twenty-four consecutive years, the board of directors has raised the dividend for our shareholders, resulting in compound annual growth of more than 5 percent over that time period. I believe it demonst...

 PRESS RELEASE

Avista Selects Projects for New Energy and Capacity Resources along wi...

Avista Selects Projects for New Energy and Capacity Resources along with Demand Response Energy solutions selected will add needed capacity to Avista’s portfolio SPOKANE, Wash., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Avista has selected projects as part of its request for proposal (RFP) process to identify new resources to support long-term reliability and customer needs. Avista’s 2025 Electric Integrated Resource Plan (IRP) filed on December 31, 2024, identified a need for resource additions to Avista’s portfolio to meet reliability requirements, growing customer demand for energy and Avis...

 PRESS RELEASE

Avista Corp. Fourth Quarter 2025 Earnings Conference Call and Webcast ...

Avista Corp. Fourth Quarter 2025 Earnings Conference Call and Webcast Announced SPOKANE, Wash., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2025 results on Wednesday, Feb. 25, 2026, at 10:30 a.m. Eastern Standard Time. A news release with fourth quarter 2025 earnings information will be issued at 7:05 a.m. Eastern Standard Time on Feb. 25, 2026. This call can be accessed on Avista’s website at . You must pre-register for the call via the Presentations and Events link at Avista’s website () to acc...

 PRESS RELEASE

Avista files four-year rate plan in Washington to support reliable ser...

Avista files four-year rate plan in Washington to support reliable service and maintain critical infrastructure Proposal aims to deliver predictable costs while addressing grid upgrades, wildfire resiliency, and higher power supply expenses. SPOKANE, Wash., Jan. 16, 2026 (GLOBE NEWSWIRE) -- Today Avista (NYSE: AVA) filed a four-year general rate case with the Washington Utilities and Transportation Commission (WUTC or Commission). The Commission has up to eleven months to review the general rate case filings and issue a decision in late 2026. Why is a rate increase needed? This propos...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch