- Avista is one of the dominant utilities in the Pacific Northwest.
- The company is more ambitious on renewables than most utilities and already generates more than half of its power from them.
- The market does not appear to be rewarding the company nearly as much as it has been some of its renewable-focused peers, which could be an opportunity.
- The company appears to be reasonably valued compared to many of its peers and is likely to deliver growth over the next few years.
- The stock yields more than 4% and the company appears able to cover it.
For further details see:
Avista Corporation: An Underappreciated Renewable Utility