BOISE, Idaho, July 28, 2016 /PRNewswire/ -- IDACORP, Inc. (NYSE: IDA) President and CEO Darrel Anderson, Chairman of the Board Robert Tinstman, and other members of the management team will ring The Closing Bell® at the New York Stock Exchange (NYSE) on August 1 at 2 p.m. MDT. IDACORP was honored to receive the invitation to participate, in conjunction with Idaho Power Company's 100th anniversary this year. Idaho Power is IDACORP's primary subsidiary.
Anderson commented on the significance of the milestone anniversary to be commemorated by the bell ringing.
"Idaho Power was built over the past 100 years on a solid foundation that generates sound financial results. As we look back on the success and longevity of the company, we also look forward to the opportunities the future will bring as we continue as an independent, vertically integrated electric utility.
"Today I want to thank IDACORP's shareowners for support throughout the years and for their continued investment in our company. I also want to express my deep appreciation for our leadership team and acknowledge their broad management experience. Thank you, also, to our base of 2,000 employees who keep the company running day in and day out. And finally, I acknowledge our board of directors for their oversight and thoughtful, valuable counsel."
IDACORP continues to build on the strong foundation of Idaho Power's past 100 years as the company works to produce long-term value for its shareowners.
To watch a live stream of the NYSE Closing Bell® on August 1, visit: IDACORP Website idacorpinc.com.
IDACORP, Inc. (NYSE: IDA) is based in Boise, Idaho and was formed in 1998 as a holding company. IDACORP subsidiaries include: Idaho Power, a regulated electric utility; IDACORP Financial, an investor in affordable housing projects and real estate; and Ida-West Energy, an operator of small hydroelectric projects. IDACORP's origins lie with Idaho Power's operations beginning in 1916. Today, Idaho Power employs approximately 2,000 people who serve nearly 530,000 customers throughout a 24,000-square-mile area in southern Idaho and eastern Oregon. To learn more, visit www.idacorpinc.com or www.idahopower.com.