Loading...
HomeMy WebLinkAbout20260605Application.pdf I 11 Avista Corp. RECEIVED 2026 1411 East Mission Ave., P.O. Box 3727 DUNE 5, IDAHO PUBLIC Spokane, WA 99220-0500 UTILITIES COMMISSION Telephone: 509-489-0500 Toll Free: 800-227-9187 June 5, 2026 State of Idaho Idaho Public Utilities Commission 11331 W. Chinden Blvd Bldg 8 Suite 201-A Boise, ID 83714 Attention: Commission Secretary Transmitted herewith is one executed copy of an application for approval of an order authorizing security issuance. The Company respectfully requests that the Commission consider adopting revised standard ordering language in this and future financing authorization orders by removing the terms "proposed"and"within seven days, or"from the third ordering paragraph. The Company believes this modification would enhance clarity and administrative efficiency with respect to the timing and substance of required filings, while maintaining the intent of the Commission's reporting requirement. The Company respectfully requests to receive an Order of Approval from the Commission by July 6, 2026. If any questions arise or additional information is needed, please do not hesitate to contact Carly Guillory at 509-495-2708 or Krista Johnson at 509-495-8020. Sincerely, /Qvs" F"#C& Shawn Bonfield Sr. Manager of Regulatory Policy& Strategy BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION In the Matter of the Application of ) AVISTA CORPORATION for an Order authorizing ) the offering, issuance and sale of Debt Securities ) CASE NO. not to exceed $800,000,000. Application is hereby made to the Idaho Public Utilities Commission (Commission) under the provisions of Section 61-901 and 61-902, Idaho Code (Laws of 1951, Chapter 143) for an Order authorizing the proposed offering, issuance and sale by the Applicant of up to $800,000,000 of Debt Securities. The requested authority is in addition to the previously granted by the Commission for the issuance of Debt Securities in Order No. 36079 in Case No. AVU-U-24-01 entered February 1, 2024, under which $80,000,000 remains authorized but unissued. The following information and specific exhibits are furnished in support thereof: (a) Name and address of principal business office: Avista Corporation 1411 East Mission Avenue Spokane WA 99202-2600 Name of representative for service: Jason E. Lang, Assistant Treasurer Avista Corporation 1411 East Mission Avenue, MSC-7 Spokane, Washington 99202-2600 Phone: (509)495-2930 Email: Jason.lang@avistacorp.com Email: Dockets@avistacorp.com (b) State and date of incorporation: Incorporated Washington Territory (now the State of Washington)on March 15, 1889. The term of incorporation is perpetual. As a public utility Applicant is qualified to do business in: Washington, Idaho, Montana, and Oregon. (c) General description of business, property, and territory served: The Applicant is a public utility which owns and operates property in Northern Idaho, Eastern Washington, Central and Southwest Oregon and Western Montana. The Applicant is engaged in the generation, transmission, distribution and sale of electric energy, which it sells at retail to approximately 427,000 residential, commercial, and industrial customers in Northern Idaho, Eastern Washington, and Western Montana, and at wholesale to public utilities, municipalities and others. Its electric properties are operated as a unified system and are interconnected with adjacent electric utilities. The electric energy sold by the Applicant is generated in power stations, which it owns in whole or in part, or obtained by purchase or exchange from other utilities, governmental agencies or third parties. The Applicant is also engaged in the distribution and sale of natural gas to approximately 385,000 residential,commercial and industrial customers in Northern Idaho, Eastern Washington and Central and Southwest Oregon. (d) Description of securities, indebtedness or liabilities: Pursuant to Rule 142 of the Rules of Practice and Procedure, the Applicant hereby Files the application filed with the Washington Utilities and Transportation Commission as Exhibit"D-1" in lieu of the application required by Rule 141. Applicant further states that: (1) Applicant has published or will have published within seven days of the date of filing this Application a notice in those newspapers listed in Rule 141.08 of the Rules of Practice and Procedure of the Idaho Public Utilities Commission that are in general circulation in Applicant's service area. (2)Attached Exhibits: Exhibit D-1 Copy of Washington Application WHEREFORE, the Applicant respectfully requests the Idaho Public Utilities Commission for an Order authorizing Avista Corporation (hereinafter called "Applicant")to issue and sell up to and including $800,000,000 in Debt Securities (such amount being in addition to$300,000,000 previously authorized by the Commission in Order No. 36079, in Case No. AVU-U-24-01 entered February 1, 2024, under which $80,000,000 remains authorized but unissued, for a total of$880,000,000). Dated 5th day of June 2026. AVISTA CORPORATION By: ls/ jc4a-w la i g, Jason Lang Assistant Treasurer and Director of Finance and Risk