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4-Traders Homepage  >  Equities  >  Nyse  >  Avista Corp    AVA

AVISTA CORP (AVA)
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Avista : FERC Issues Letter Involving Avista of Spokane, Washington

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11/16/2017 | 03:10pm CET

WASHINGTON, Nov. 16 -- The U.S. Department of Energy's Federal Energy Regulatory Commission issued the following letter involving Avista, Spokane, Wash.:

P.J. Henscheid

Chief Dam Safety Officer

Avista Corporation

P.O. Box 3727

Spokane, WA 99220

Subject: 2018 EAP Exemption for the Monroe Street and Upper Falls Developments of the Spokane River Project

Dear Mr. Henscheid:

This letter is to acknowledge Mr. Mac Mikkelsen's October 10, 2017 letter requesting a continuation of the exemption from preparing an Emergency Action Plan (EAP) for the Monroe Street and Upper Falls Developments of the Spokane River Project, FERC No. 2545.

As required by 18CFR Section 12.21, Mr. Mikkelsen reported that the annual comprehensive review of circumstances upstream and downstream from the project revealed no changes that would endanger life, health, or property. This is consistent with observations made during our last inspection of the project which verified that the current low hazard potential classification was appropriate. Therefore, continuation of the EAP exemption for 2018 is granted. Future requests should be submitted annually.

In accordance with our March 6, 2017 annual letter, Mr. Mikkelson provided a copy of the emergency contact list and indicated that it is posted at various pertinent facility locations. However, he did not report that the emergency contact list information was reviewed and verified to be accurate. In addition, the following FERC contact information should be included on the emergency contact list for these developments:

Primary: Douglas Johnson, Regional Engineer, Office: 503-552-2715, Cell: 253-691-6908, Home: 503-206-5037

Secondary: Karl Swanson, Branch Chief, Office: 503-552-2734, Cell: 503-928-1238

With your next EAP exemption request, due by December 31, 2018, please revise the emergency contact list with the above information, report if the remaining information was reviewed and verified to be accurate, and include a copy of the contact list.

Thank you for your continued support relative to emergency planning. If you have any questions, please contact Ms. Elisabeth Matt of this office at (503) 552-2712.

Sincerely,

Douglas L. Johnson, P.E.

Regional Engineer

This document was posted showing the date: Nov. 14, 2017.

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Financials ($)
Sales 2017 -
EBIT 2017 288 M
Net income 2017 128 M
Debt 2017 -
Yield 2017 2,75%
P/E ratio 2017 27,34
P/E ratio 2018 25,42
Capi. / Sales 2017 0
Capi. / Sales 2018 0
Capitalization 3 352 M
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Avista Corp Technical Analysis Chart | AVA | US05379B1070 | 4-Traders
Technical analysis trends AVISTA CORP
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TrendsBearishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus UNDERPERFORM
Number of Analysts 3
Average target price 47,5 $
Spread / Average Target -8,7%
EPS Revisions
Managers
NameTitle
Scott L. Morris Chairman, President & Chief Executive Officer
Mark T. Thies Chief Financial Officer, Treasurer & Senior VP
James M. Kensok VP, Chief Information & Security Officer
Reed John Taylor Independent Director
Erik J. Anderson Independent Director
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