IDACORP's Shift to Gas Investment: Impact on Earnings and Growth Expectations
ByAinvest
Tuesday, Dec 2, 2025 4:37 pm ET1min read
IDA--
IDACORP has increased planned spending by 20% after cancelling a wind project due to permitting delays and federal land use policy uncertainties. The pivot involves adding a 167 MW gas plant and other investments to address future capacity and energy requirements. This shift may alter expectations for IDACORP's long-term earnings stability and growth. IDACORP's outlook projects $2.3 billion in revenue and $441.8 million in earnings by 2028, with a fair value estimate of $140.88.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet