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Avista Corp (AVA) Q1 2021 Earnings Call Transcript

Operator Good morning, my name is Kree, and I will be your conference operator today. At this time, I would like to welcome everyone to the Avista Corporation Q1 2021 Earnings Conference Call. [Operator Instructions] After the speakers remarks, there will be a question-and-answer session. [Operator Instructions] As a reminder, today s conference is being recorded. I would now like to turn the conference over to Mr. John Wilcox. Sir, you may begin. John Wilcox Investor Relations Manager Thank you. Good morning, everyone. And welcome to Avista s first quarter 2021 earnings conference call. Our earnings were released pre-market this morning and are available on our website.

Avista Corp joins lawsuit to challenge Montana Statute

Avista Corp joins lawsuit to challenge Montana Statute
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Avista declares natural gas emission reduction goal

Avista declares natural gas emission reduction goal Company plans to reduce emissions 30% by 2030, 100% by 2045 April 22, 2021 16:28 ET | Source: Avista Corporation Avista Corporation SPOKANE, Wash., April 22, 2021 (GLOBE NEWSWIRE) Avista (NYSE: AVA), a leader in clean energy and innovation, today announced its goal to reduce emissions for natural gas. Building on the company’s clean electricity goals, Avista has set a new aspirational natural gas goal of being carbon neutral by 2045, with a near-term goal of 30% reduction in greenhouse gas emissions by 2030. “We are proud to continue our commitment to environmental stewardship and sustainability,” said Dennis Vermillion, president and CEO of Avista. “We set an ambitious renewable electric energy goal in 2019 to serve our customers with 100% clean electricity by 2045 and to have a carbon-neutral supply of electricity by 2027. Today’s announcement demonstrates that our v

Chelan PUD and Avista Partner on Clean, Hydropower Energy Contract

Chelan PUD and Avista Partner on Clean, Hydropower Energy Contract New agreement brings zero-carbon energy to Northwest electric customers April 15, 2021 16:05 ET | Source: Avista Corporation Avista Corporation Spokane, Washington, UNITED STATES SPOKANE, Wash. and WENATCHEE, Wash., April 15, 2021 (GLOBE NEWSWIRE) Avista and Chelan County Public Utility District (PUD) have finalized a contract for renewable hydropower from two PUD hydro projects on the Columbia River. The contract increases Avista’s carbon-free resources in its energy portfolio, helping achieve the company’s clean electricity goals and supporting Washington State’s Clean Energy Transformation Act goals as well. The “slice” contract provides Avista with 5% of the output from the PUD’s Rock Island and Rocky Reach hydropower projects from 2024 through 2033. This contract complements an existing contract between Avista and the PUD, and i

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