Form 8-K
8-K — AVISTA CORP
Accession: 0001193125-26-269388
Filed: 2026-06-12
Period: 2026-06-12
CIK: 0000104918
SIC: 4931 (ELECTRIC & OTHER SERVICES COMBINED)
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — ava-20260612.htm (Primary)
EX-99.1 (ava-ex99_1.htm)
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8-K
8-K (Primary)
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8-K
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 12, 2026
AVISTA CORPORATION
(Exact name of Registrant as Specified in Its Charter)
Washington
001-03701
91-0462470
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
1411 East Mission Avenue
Spokane, Washington
99202-2600
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s Telephone Number, Including Area Code: 509 489-0500
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange on which registered
Common Stock
AVA
The New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On June 12, 2026, Avista Corporation (Avista Corp. or the Company) issued a press release announcing it will take additional time to evaluate the processing of energy requests from new large data center developers as it seeks to partner with governmental agencies on creating a clear and coordinated planning process and as the Company considers additional stakeholder feedback.
This decision follows recent community interest and concern related to the Company's previously announced Memorandum of Understanding with a data center developer. Negotiations concerning energy service to this potential data center are now paused to allow time for this evaluation process.
A copy of the press release is filed as Exhibit 99.1 which is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits
99.1
Press release dated June 12, 2026, which is being filed pursuant to Item 8.01.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Avista Corporation
(Registrant)
Date:
June 12, 2026
By:
/s/ Kevin J. Christie
Kevin J. Christie
Senior Vice President, Chief Financial Officer,
Treasurer and Regulatory Affairs Officer
(Principal Financial Officer)
EX-99.1
EX-99.1
Filename: ava-ex99_1.htm · Sequence: 2
EX-99.1
Exhibit 99.1
Contact:
Avista 24/7 Media Access (509) 495-4174
Media: Jared Webley, jared.webley@avistacorp.com
Investors: Stacey Walters (509) 495-2046 stacey.walters@avistacorp.com
Avista pauses processing of energy service request from 500 MW data center developer while seeking broader policy and community alignment
Emphasis remains on commitment to transparency, customer protection and community engagement
Spokane, Wash. – June 12, 2026: Avista announced today it is taking additional time to evaluate the processing of energy requests from new large data center developers as it seeks to partner with governmental agencies on creating a clear and coordinated planning process and as the company considers additional stakeholder feedback.
Negotiations concerning energy service to this potential data center are now paused. The decision follows recent community interest and concern related to Avista’s previously announced Memorandum of Understanding (MOU) with the new 500MW data center developer.
“We’ve heard the questions and concerns from our customers, community members and local leaders, and we take that feedback seriously,” said Heather Rosentrater, Avista President and CEO. “This input has demonstrated a need for a broader coordinated planning effort, which Avista will actively participate in. As a regional energy provider, we are just one part of the project development process. We recognize that we need more time to align with our partners and communities in a way that is transparent, thoughtful and in the best long-term interest of our region.”
As a regulated utility, Avista is required to review requests for service, including large proposals like this. At the same time, the developer must secure all necessary permits for their project. No single entity decides if a project will proceed—multiple reviews and approvals are needed before a project may move forward.
Avista remains committed to collaborating with local leaders, regulators and community members. These conversations will help inform how large data center requests are considered moving forward and ensure alignment with broader regional priorities. For over 137 years, Avista has served large load energy customers that help support the economic health and vitality of the region.
What’s new now is the scale of the data center requests and level of public interest. These unprecedented projects require new considerations for planning and coordination for all entities involved.
Avista’s approach to providing energy service to any potential large data center development remains grounded in clear principles:
•
Customers come first: Existing customers will not pay for costs of serving a new large customer. Safeguards will be in place to prevent shifting of expenses to current customers.
•
System reliability is non-negotiable: There are required engineering studies and system upgrades that must be completed before any service begins.
•
Regulatory approval is required: Any final service agreement must be reviewed and approved by state regulators.
•
Growth must be responsible: Any large project must deliver net benefits for our customers.
These guiding principles have been central to Avista’s evaluation process and will continue to inform both the current pause and future decisions.
Projects involving large data centers are complex and involve multiple stakeholders beyond Avista, including developers, regional infrastructure partners, regulators and local communities. As the electric provider, Avista plays an important role in evaluating how a project could be served energy—but it is one part of a broader process that includes regulatory review, infrastructure planning and community input before any final decisions are made.
The company will continue to provide more information as it becomes available.
About Avista Corp.
Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is the operating division that provides electric service to 429,000 customers and natural gas to 386,000 customers. Its service territory covers 34,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.5 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service in the city and borough of Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock is traded under the ticker symbol "AVA." For more information about Avista, please visit www.avistacorp.com.
To unsubscribe from Avista’s news release distribution, send reply message to dalila.sheehan@avistacorp.com
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