“The decrease in interest expense for the three months ended March 31, 2026 as compared to the three months ended March 31, 2025 was primarily due to lower interest rates associated with the First-Citizens Fourth Amended Loan Agreement.”
“Our ability to comply with these covenants may be affected by events beyond our control, and future breaches of any of these covenants could result in a default under our credit facility agreements.”
“Capital Expenditures and Other Investments We are making capital investments to enhance service and system reliability for our customers and replace aging infrastructure, and expect base Avista Utilities' capital expenditures of the following (dollars in millions): 2026 2027 2028 2029 2030 Expected base annual capital expenditures $ 615 $ 635 $ 800 $ 680 710 These planned capital expenditures are subject to continuing review and adjustment.”