AVISTA CORP 8-K

What Happened

• On June 12, 2026, Avista Corporation (Avista Corp.) announced via press release (filed as Exhibit 99.1) that it will take additional time to evaluate processing energy requests from new large data center developers. The company said it will seek to partner with governmental agencies to create a clear, coordinated planning process and will consider additional stakeholder feedback. Negotiations related to energy service for a potential data center — previously subject to a Memorandum of Understanding (MOU) with a data center developer — are now paused.

Key Details

• Date of announcement: June 12, 2026 (press release filed as Exhibit 99.1 to the 8-K).
• Action taken: Avista paused negotiations concerning energy service to a potential large data center and will delay processing new large data center energy requests.
• Reason given: To partner with governmental agencies on coordinated planning and to gather more stakeholder feedback.
• Context: The decision follows recent community interest and concern related to Avista’s previously announced MOU with a data center developer.

Why It Matters

• For investors, the pause signals a change in timing and process for potential large-load customers (e.g., data centers) that could affect future load growth, infrastructure planning, and any related revenue or capital spending timelines. The company’s move to involve government partners and stakeholders may lead to a more structured approval process but also introduces uncertainty about when — or if — specific large customer projects will proceed. The filing is informational; no financial results or commitments were disclosed.