IDA Stock - IDACORP Inc.

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IDACORP, Inc., headquartered in Boise, Idaho, is a prominent player in the electric energy sector across the United States. Established in 1915, the company and its subsidiaries are engaged in the comprehensive spectrum of activities related to the generation, transmission, distribution, purchase, and sale of electric energy. IDACORP operates a diverse portfolio of energy generation facilities, including 17 hydropower plants situated in southern Idaho and eastern Oregon, three natural gas-fired plants in southern Idaho, and holds interests in two coal-fired steam electric plants located in Wyoming and Nevada.

As of December 31, 2021, IDACORP maintained a robust infrastructure to support its operations, encompassing approximately 4,843 pole-miles of high-voltage transmission lines, numerous substations including step-up transmission substations, transmission substations, switching stations, and mixed-use transmission and distribution substations. The company's distribution network spans 28,570 pole-miles of lines and serves approximately 604,000 retail customers in southern Idaho and eastern Oregon. IDACORP caters to a diverse customer base, including commercial and industrial sectors such as food processing, electronics manufacturing, agriculture, healthcare, government entities, and educational institutions.

Beyond its core utility services, IDACORP is actively involved in investments in housing and other real estate tax credit initiatives, further diversifying its portfolio and contributing to community development. With a century-long legacy of reliability and innovation, IDACORP remains committed to delivering sustainable energy solutions, supporting economic growth, and meeting the evolving energy needs of its customers and communities.

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