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7 pts

Opinion on  IDACORP Inc (IDA)     Sector: Utilities  >  Industry: Electric Utilities
Bullish on IDA ...

May 09, 2009 02:10 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

http://www.idacorpinc.com/ IDACORP, Inc., through its subsidiary, Idaho Power Company, engages in the generation, transmission, distribution, sale, and purchase of electric energy in the United States. It owns and operates 17 hydroelectric generation developments, 2 natural gas-fired plants, and a diesel-powered generator, as well as shares ownership in 3 coal-fired generating plants. The company has coal-fired plants in Wyoming, Oregon, and Nevada. As of December 31, 2008, it supplied electric energy to approximately 487,000 general business customers involved in food processing, electronics and general manufacturing, forest products, beet sugar refining, and winter recreation industries. It had a network of approximately 4,752 miles of high-voltage transmission lines, 23 step-up transmission substations located at power plants, 22 transmission substations, 8 switching stations, 223 energized distribution substations, and 65,045 miles of distribution lines. IDACORP, Inc., through its other subsidiaries, invests in housing and other real estate properties in the United States, Puerto Rico, and the U.S. Virgin Islands; and has a 50% interest in 9 hydroelectric plants with a generating capacity of 45 MW in Idaho and northern California. The company was founded in 1915 and is based in Boise, Idaho


IDA:  This call was made on 05/09/09 @ $23.98
Rating:   Positive   $23.98 (05/09/09)
Gain/Loss:   +30.90% in 277 days
Allocation:   0.1% of portfolio


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