Avista Reaffirms 2026 Earnings Guidance, Pauses Data-Center Applications
Avista reaffirmed 2026 utility earnings guidance of $2.52 to $2.72 per share, with results expected near the midpoint, and paused processing new data-center applications for at least 12 months.
Avista Corporation (NYSE: AVA) has reaffirmed its 2026 utility earnings guidance of $2.52 to $2.72 per share, with performance expected to track near the midpoint. The company also announced a strategic pause on processing new data-center applications for at least 12 months, citing a need to collaborate with stakeholders on policy and infrastructure planning. Additionally, Avista reported an increase in third-quarter net income, largely attributed to investment gains in its non-utility businesses.
The company is currently awaiting a decision on its Washington general rate case, which is anticipated in mid-December 2026, and plans to manage its capital requirements through $615 million in planned spending and up to $100 million in short-term borrowing by year-end.