Avista Reaches Multiparty Settlement Of All Issues In Idaho General Rate Case
Portfolio Pulse from Benzinga Newsdesk
Avista has reached a settlement agreement with the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, and Walmart Inc. in its electric and natural gas general rate cases. The agreement has been submitted to the Idaho Public Utilities Commission for consideration.
June 14, 2023 | 9:41 pm
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NEUTRAL IMPACT
Clearwater Paper Corporation is a party to the settlement agreement reached by Avista in its electric and natural gas general rate cases.
While Clearwater Paper is a party to the settlement, the direct impact on its stock price is likely to be neutral as the agreement primarily concerns Avista's electric and natural gas general rate cases.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
Walmart Inc. is a party to the settlement agreement reached by Avista in its electric and natural gas general rate cases.
Although Walmart is a party to the settlement, the direct impact on its stock price is likely to be neutral as the agreement primarily concerns Avista's electric and natural gas general rate cases.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50
POSITIVE IMPACT
Avista reaches a settlement agreement in its electric and natural gas general rate cases, potentially resolving all issues in the proceeding.
The settlement agreement is likely to have a positive impact on Avista's stock price as it resolves all issues in the proceeding, reducing regulatory uncertainty and potential costs associated with the case.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100