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    Brian Rousseau

    Managing Director at Jefferies

    Brian J. Russo is a Managing Director at Jefferies LLC, specializing as an equity research analyst with a focus on financial services firms. Throughout his career, he has covered major financial institutions, including large-cap banks and specialty finance companies, providing research and investment recommendations to institutional clients. Russo began his finance career in the early 2000s and has held senior research roles prior to joining Jefferies, where he is a registered broker regulated by FINRA and holds multiple securities licenses. Recognized for his depth of market knowledge, he is noted for his thorough analysis and credibility within the investment community.

    Brian Rousseau's questions to AVISTA (AVA) leadership

    Brian Rousseau's questions to AVISTA (AVA) leadership • Q3 2024

    Question

    Brian Rousseau asked about the North Plains Connector project, including upcoming milestones and financial commitments, and how it aligns with the Integrated Resource Plan. He also inquired about the structure of upcoming RFPs for new generation and potential strategies to mitigate volatility in the Energy Recovery Mechanism (ERM).

    Answer

    President and COO Heather Rosentrater explained that the North Plains Connector is a key part of their future resource strategy, with definitive agreements expected in the next 6-9 months. She also noted that IRA tax changes could make self-build and build-transfer options more competitive in future RFPs. CFO Kevin Christie added that while resource optimization is ongoing, the most significant way to address ERM volatility is through the proposed regulatory changes in their current rate case.

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