Financial Performance - The consolidated earnings for the first half of 2025 were $1.15 per diluted share, a decrease from $1.20 for the first half of 2024 [4] - For the second quarter of 2025, consolidated earnings were $0.17 per diluted share, down from $0.29 for the second quarter of 2024 [4] Conference Call Details - The Q2 2025 Earnings Conference Call was hosted by Stacey Walters, Investor Relations Manager, with participation from President and CEO Heather Rosentrater and CFO Kevin Christie [2] - The earnings and Form 10-Q for Q2 2025 were released premarket and are available on the company's website [2]

Avista (AVA) Q2 2025 Earnings Call August 06, 2025 10:30 AM ET Company ParticipantsStacey Wenz - Investor Relations ManagerHeather Rosentrater - President & CEOKevin Christie - SVP, CFO, Treasurer & Regulatory Affairs OfficerConference Call ParticipantsBrian Russo - Equity AnalystSophie Karp - Senior Equity Analyst - Utilities & Alternative EnergyOperatorGood day and thank you for standing by. Welcome to the Avista Corporation Q2 twenty twenty five Conference Call. At this time, all participants are in a li ...

Avista (AVA) Q2 2025 Earnings Call August 06, 2025 10:30 AM ET Speaker0Good day and thank you for standing by. Welcome to the Avista Corporation Q2 twenty twenty five Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded.I would now like to hand the conference over to your speaker today, Stacey Walters, Investor Relations Manager. Please go ahead.Spe ...

Call Participants Heather Rosentrater President and Chief Executive Officer Q2 2025 Earnings August 6, 2025 2 Kevin Christie Senior VP, Chief Financial Officer, Treasurer, and Regulatory Affairs Officer Forward-Looking Statements This presentation contains forward-looking statements, including statements regarding our current expectations for future financial performance and cash flows, capital expenditures, financing plans, our current plans or objectives for future operations and other factors, which may ...

Core Insights - Avista Corp. reported a net income of $14 million for Q2 2025, a decrease from $23 million in Q2 2024, and year-to-date net income of $93 million, slightly down from $94 million in the same period last year [1][2][3] - Earnings per diluted share for Q2 2025 were $0.17, down from $0.29 in Q2 2024, while year-to-date earnings per diluted share were $1.15, compared to $1.20 in 2024 [1][2][3] - The company expressed disappointment over lower valuations in its investment portfolio, particularly in clean technology, due to shifting public policy and sentiment [1] Financial Performance - Avista Utilities contributed $23 million to net income in Q2 2025, down from $24 million in Q2 2024, and $101 million year-to-date, up from $91 million [1][2] - AEL&P's net income remained stable at $1 million for both Q2 2025 and Q2 2024, but year-to-date income decreased from $5 million in 2024 to $4 million in 2025 [1][2] - The other non-reportable segment incurred a loss of $10 million in Q2 2025, compared to a loss of $2 million in Q2 2024, and a loss of $12 million year-to-date, up from $2 million in 2024 [1][2] Revenue and Margins - Electric utility margin increased by $14 million in Q2 2025, attributed to general rate cases, customer growth, and non-decoupled load growth [4] - Natural gas utility margin rose by $5 million in Q2 2025, also due to general rate cases and customer growth [4] - Other operating expenses increased by $11 million in Q2 2025, driven by higher employee salaries, benefits, and thermal generation costs [5] Capital Expenditures and Investments - Avista Utilities' capital expenditures for the first half of 2025 were $236 million, with expectations of approximately $525 million for the full year [11][12] - AEL&P's capital expenditures were $10 million in the first half of 2025, with a projected total of $21 million for the year [12] - The company plans to invest $5 million in non-regulated investment opportunities and economic development projects in 2025 [13] Guidance and Outlook - Avista Corp. confirmed its 2025 consolidated earnings guidance in the range of $2.52 to $2.72 per diluted share, expecting to be at the low end due to losses in other businesses [14] - Avista Utilities is projected to contribute earnings between $2.43 and $2.61 per diluted share, supported by strong performance and regulatory outcomes [15] - AEL&P is expected to contribute earnings in the range of $0.09 to $0.11 per diluted share in 2025 [16]

Exhibit 99.1 Contact: Media: Lena Funston (509) 495-8090 lena.funston@avistacorp.com Investors: Stacey Walters (509) 495-2046 stacey.walters@avistacorp.com Avista 24/7 Media Access (509) 495-4174 Avista Corp. Reports Financial Results for the Second Quarter of 2025, Confirms 2025 Earnings Guidance with Strong Utility Offsetting Investment Losses "Our year-to-date results underscore the strength of our core utility operations," said Avista President and CEO Heather Rosentrater. "We are disappointed by the lo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number 1-3701 AVISTA CORPORATION (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or org ...

SPOKANE, Wash., Aug. 04, 2025 (GLOBE NEWSWIRE) -- In its second quarter, the Avista Foundation awarded $175,950 in grants to nonprofit organizations across Washington, Idaho and Oregon to support education and youth development. “It’s amazing what can happen when kids are given the tools to dream big and the support to chase those dreams. We’re proud to stand behind the programs that are helping local youth grow, learn, and thrive,” said Avista President and CEO Heather Rosentrater. The second quarter grant ...

Core Viewpoint - Avista Corp. will hold its quarterly conference call to discuss second quarter 2025 results on August 6, 2025, at 10:30 a.m. Eastern Daylight Time, with a news release issued earlier that day at 7:05 a.m. [1] Company Overview - Avista Corp. is an energy company engaged in the production, transmission, and distribution of energy, serving 422,000 electric customers and 383,000 natural gas customers across a service territory of 30,000 square miles in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, with a total population of 1.7 million [3] - The company also has a subsidiary, Alaska Energy and Resources Company, which provides retail electric service to 18,000 customers in Juneau, Alaska [3] - Avista's stock is traded under the ticker symbol "AVA" [3]

Core Insights - Avista Healthcare Partners has successfully closed Avista Healthcare Partners CV II, L.P., a continuation fund for GCM, with significant investments from Goldman Sachs Alternatives and BlackRock [1][3] - Since Avista's acquisition of GCM in 2019, the company has more than doubled its revenue through strategic investments in technology, facilities, and human capital [2] Company Overview - Avista Healthcare Partners is a New York-based private equity firm founded in 2005, with over $9 billion invested in 50 healthcare businesses globally, focusing on growth-oriented healthcare product and technology sectors [5] - GCM, headquartered in Union City, California, specializes in complex manufacturing services for medical technology OEMs, offering precision machining, fabrication, and integration services [6] Investment Strategy - The continuation fund for GCM includes substantial unfunded capital commitments aimed at supporting acquisition opportunities and strategic investments [1] - Goldman Sachs Alternatives emphasizes partnership and shared success, with over $500 billion in assets and extensive experience in alternative investments [7][9]